Teekay Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:4em;'>TK</div>
TK -- USA Stock  

USD 2.71  0.21  8.40%

As many baby boomers are still indifferent towards energy space, it makes sense to examine Teekay. We will analyze why it could be a much better year for Teekay shareholders. In this post, I will also go over a few different drivers affecting Teekay's products and services, and explain how it may impact Teekay traders.
Published over two weeks ago
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Reasons Teekay (NYSE:TK) can excite traders
We provide advice to complement the current expert consensus on Teekay. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time.

And What about dividends?

A dividend is the distribution of a portion of Teekay earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Teekay dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Teekay one year expected dividend income is about $0.02 per share.
Investing in stocks that pay dividends, such as stock of Teekay, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Teekay must own a stock before its ex-dividend date to receive its next dividend. This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Teekay. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.

How important is Teekay's Liquidity

Teekay financial leverage refers to using borrowed capital as a funding source to finance Teekay ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Teekay financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Teekay's total debt and its cash.

How Teekay utilizes its cash?

To perform a cash flow analysis of Teekay, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Teekay is receiving and how much cash it distributes out in a given period. The Teekay cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.

Breaking down Teekay Indicators

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Teekay has an asset utilization ratio of 57.13 percent. This signifies that the company is making $0.57 for each dollar of assets. An increasing asset utilization means that Teekay is more efficient with each dollar of assets it utilizes for everyday operations.

Anything left for Teekay after the plunge?

Recent maximum drawdown is at 12.56. As of the 12th of November 2020, Teekay has the coefficient of variation of (1,780), and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Teekay, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Teekay, which can be compared to its competition. Please validate Teekay information ratio, as well as the relationship between the potential upside and kurtosis to decide if Teekay is priced more or less accurately, providing market reflects its prevalent price of 1.96 per share. Please also confirm Teekay total risk alpha, which is currently at (0.47) to double-check the company can sustain itself at a future point.

Our Conclusion on Teekay

Although some companies in the oil & gas midstream industry are either recovering or due for a correction, Teekay may not be as strong as the others in terms of longer-term growth potentials. The inconsistency in the assessment between current Teekay valuation and our trade advice on Teekay is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Teekay.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of Teekay. Please refer to our Terms of Use for any information regarding our disclosure principles.

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