Stock Updates

Is this Large Market Cap Stock target price reasonable for Teck Resources Limited (NYSE:TCK)?

The company in question is, Teck Resources Limited (NYSE:TCK) currently with a stock price of 18.77 (3.64% today). The market cap for Teck Resources Limited is 10817.15, and is in the sector Basic Materials, and Industrial Metals & Minerals industry. The target price for Teck Resources Limited is 17.37. Currently Teck Resources Limited is trading with a P/E of *TBA, and a forward P/E of 12.4. Average volume for Teck Resources Limited is 7739.34 and so far today it is 10980100.

Performance in the last year for Teck Resources Limited has been 180.62%. For EPS growth, Teck Resources Limited has seen a growth of -783.40%, and is looking to grow in the next year to 59.87%. More long term stats show that EPS growth has been -27.70% over the last five years and could be 55.07% for the next five years. Teck Resources Limited has seen sales growth quarter over quarter at -13.00%, with EPS growth quarter over quarter at -76.20%. The 20-day simple moving average is 9.74%, with the 200-day simple moving average coming to 72.38%.

Since the IPO date for Teck Resources Limited on the 7/18/2002, Teck Resources Limited has seen performance year to date to be 387.94%. With Teck Resources Limited trading at 18.77, the dividend yield is 0.43%, and the EPS is -3.29.

So could Teck Resources Limited, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.86 and the P/B is at 0.87. The P/cash is 11.22, with P/free cash flow at 45.85.

Teck Resources Limited ability to deal with debt shows that the current ratio is 2.6, and the quick ratio is 1.6. This is with long term debt/equity at 0.55, and total debt/equity at 0.55.

In terms of margins, Teck Resources Limited has a gross margin of 12.90%, an operating margin of -41.10% and a profit margin of -32.50%.Payout ratio for Teck Resources Limited is *TBA. Return on assets come to -7.30% with return on investment coming to -8.00%.

Insider ownership for Teck Resources Limited, is at 1.40% and institutional ownership comes to 73.70%. Outstanding shares are at 576.3. While shares float is 572.12. The float short is currently 6.11%, and short ratio is 4.51.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment