Teck Resources Ltd Stock Buy Hold or Sell Recommendation
| TECK Stock | USD 47.72 0.52 1.10% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Teck Resources Ltd is 'Strong Buy'. Macroaxis provides Teck Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TECK positions. The advice algorithm takes into account all of Teck Resources' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Teck Resources' buy or sell advice are summarized below:
Real Value 52.43 | Target Price 51.55 | Hype Value 47.18 | Market Value 47.72 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Teck Resources Ltd given historical horizon and risk tolerance towards Teck Resources. When Macroaxis issues a 'buy' or 'sell' recommendation for Teck Resources Ltd, the advice is generated through an automated system that utilizes algorithms and statistical models.
Teck |
Execute Teck Resources Buy or Sell Advice
The Teck recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Teck Resources Ltd. Macroaxis does not own or have any residual interests in Teck Resources Ltd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Teck Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Teck Resources Trading Alerts and Improvement Suggestions
| Teck Resources has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Teck Resources paid $ 0.0925 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Governments must broker local support for mines, industry group says |
Teck Resources Returns Distribution Density
The distribution of Teck Resources' historical returns is an attempt to chart the uncertainty of Teck Resources' future price movements. The chart of the probability distribution of Teck Resources daily returns describes the distribution of returns around its average expected value. We use Teck Resources Ltd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Teck Resources returns is essential to provide solid investment advice for Teck Resources.
| Mean Return | 0.35 | Value At Risk | -2.31 | Potential Upside | 4.05 | Standard Deviation | 2.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Teck Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Teck Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Teck Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Teck Resources Ltd backward and forwards among themselves. Teck Resources' institutional investor refers to the entity that pools money to purchase Teck Resources' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 6.5 M | Cibc Global Asset Management Inc | 2023-12-31 | 6.4 M | Bank Of Montreal | 2023-12-31 | 5.8 M | Bmo Capital Markets Corp. | 2023-12-31 | 5.8 M | Duquesne Family Office Llc | 2023-12-31 | 5.5 M | Alliancebernstein L.p. | 2023-12-31 | 4.4 M | Norges Bank | 2023-12-31 | 4.1 M | Cibc World Markets Inc. | 2023-12-31 | 3.9 M | T. Rowe Price Associates, Inc. | 2023-12-31 | 3.8 M | Royal Bank Of Canada | 2023-12-31 | 18.8 M | Dodge & Cox | 2023-12-31 | 18.3 M |
Teck Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (708M) | (576M) | 977M | 456M | (1.1B) | (1.1B) | |
| Free Cash Flow | 16M | (2.1B) | 25M | 2.5B | (2.5B) | (2.3B) | |
| Depreciation | 1.6B | 1.5B | 1.6B | 1.7B | 2.1B | 2.2B | |
| Other Non Cash Items | 292M | 483M | 565M | (149M) | 4.8B | 5.0B | |
| Dividends Paid | 172M | 111M | 106M | 532M | (515M) | (489.3M) | |
| Capital Expenditures | 3.5B | 3.6B | 4.7B | 5.5B | 5.8B | 6.1B | |
| Net Income | (588M) | (944M) | 2.9B | 4.1B | 2.4B | 2.6B | |
| End Period Cash Flow | 1.0B | 450M | 1.4B | 1.9B | 744M | 1.4B | |
| Change To Inventory | 16M | 100M | (412M) | (421M) | (426M) | (404.7M) | |
| Investments | (3.6B) | (3.7B) | (106M) | (5.7B) | (5.2B) | (5.0B) | |
| Net Borrowings | (47M) | 2.2B | 1.3B | 7M | 8.1M | 8.5M | |
| Change To Netincome | 836M | 783M | 1.2B | 3.0B | 3.4B | 3.6B |
Teck Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Teck Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Teck Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Teck stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.27 | |
β | Beta against NYSE Composite | 1.59 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | 0.14 |
Teck Resources Volatility Alert
Teck Resources Ltd has relatively low volatility with skewness of 0.98 and kurtosis of 1.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Teck Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Teck Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Teck Resources Implied Volatility
Teck Resources' implied volatility exposes the market's sentiment of Teck Resources Ltd stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Teck Resources' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Teck Resources stock will not fluctuate a lot when Teck Resources' options are near their expiration.
Teck Resources Fundamentals Vs Peers
Comparing Teck Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Teck Resources' direct or indirect competition across all of the common fundamentals between Teck Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Teck Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Teck Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Teck Resources to competition |
| Fundamentals | Teck Resources | Peer Average |
| Return On Equity | 0.0852 | -0.31 |
| Return On Asset | 0.0429 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 36.06 B | 16.62 B |
| Shares Outstanding | 510.53 M | 571.82 M |
| Shares Owned By Insiders | 0.95 % | 10.09 % |
| Shares Owned By Institutions | 77.65 % | 39.21 % |
| Number Of Shares Shorted | 4.76 M | 4.71 M |
| Price To Earning | 5.41 X | 28.72 X |
| Price To Book | 1.26 X | 9.51 X |
| Price To Sales | 1.66 X | 11.42 X |
| Revenue | 15.01 B | 9.43 B |
| Gross Profit | 8.57 B | 27.38 B |
| EBITDA | 6.23 B | 3.9 B |
| Net Income | 2.44 B | 570.98 M |
| Cash And Equivalents | 2.64 B | 2.7 B |
| Cash Per Share | 5.15 X | 5.01 X |
| Total Debt | 11.09 B | 5.32 B |
| Debt To Equity | 0.38 % | 48.70 % |
| Current Ratio | 1.65 X | 2.16 X |
| Book Value Per Share | 52.12 X | 1.93 K |
| Cash Flow From Operations | 3.33 B | 971.22 M |
| Short Ratio | 1.26 X | 4.00 X |
| Earnings Per Share | 3.37 X | 3.12 X |
| Price To Earnings To Growth | 2.02 X | 4.89 X |
| Target Price | 50.63 | |
| Number Of Employees | 12.6 K | 18.84 K |
| Beta | 1.44 | -0.15 |
| Market Capitalization | 24.47 B | 19.03 B |
| Total Asset | 56.19 B | 29.47 B |
| Retained Earnings | 19.62 B | 9.33 B |
| Working Capital | 573 M | 1.48 B |
Teck Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Teck . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Teck Resources Buy or Sell Advice
When is the right time to buy or sell Teck Resources Ltd? Buying financial instruments such as Teck Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 9.3B | 10.0B | 11.1B | 11.6B | Total Assets | 47.4B | 52.4B | 56.2B | 59.0B |
Use Investing Ideas to Build Portfolios
In addition to having Teck Resources in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Teck Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Teck Resources information on this page should be used as a complementary analysis to other Teck Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Teck Stock analysis
When running Teck Resources' price analysis, check to measure Teck Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Teck Resources is operating at the current time. Most of Teck Resources' value examination focuses on studying past and present price action to predict the probability of Teck Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Teck Resources' price. Additionally, you may evaluate how the addition of Teck Resources to your portfolios can decrease your overall portfolio volatility.
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Is Teck Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Teck Resources. If investors know Teck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Teck Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.794 | Dividend Share 0.5 | Earnings Share 3.37 | Revenue Per Share 28.988 | Quarterly Revenue Growth 0.308 |
The market value of Teck Resources is measured differently than its book value, which is the value of Teck that is recorded on the company's balance sheet. Investors also form their own opinion of Teck Resources' value that differs from its market value or its book value, called intrinsic value, which is Teck Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Teck Resources' market value can be influenced by many factors that don't directly affect Teck Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Teck Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Teck Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teck Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.