Teck Resources (NYSE:TECK - Get Free Report) TSE: TECK is anticipated to release its earnings data before the market opens on Thursday, February 20th. Analysts expect Teck Resources to post earnings of $0.26 per share and revenue of $2.58 billion for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Teck Resources Price Performance
Shares of NYSE TECK traded down $0.74 during mid-day trading on Friday, reaching $43.12. The company had a trading volume of 2,432,855 shares, compared to its average volume of 2,856,734. The company has a current ratio of 2.92, a quick ratio of 2.35 and a debt-to-equity ratio of 0.16. The stock has a market cap of $21.51 billion, a PE ratio of 65.34 and a beta of 1.02. The company has a 50-day moving average price of $42.23 and a two-hundred day moving average price of $45.82. Teck Resources has a 1-year low of $37.30 and a 1-year high of $55.13.
Analyst Ratings Changes
A number of brokerages recently issued reports on TECK. National Bank Financial cut Teck Resources from an "outperform" rating to a "sector perform" rating in a report on Tuesday, December 10th. Raymond James decreased their target price on Teck Resources from $75.00 to $70.00 and set an "outperform" rating on the stock in a report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft cut Teck Resources from a "buy" rating to a "hold" rating and set a $50.00 target price for the company. in a research report on Friday, October 25th. JPMorgan Chase & Co. decreased their target price on Teck Resources from $55.00 to $51.00 and set an "overweight" rating for the company in a research report on Thursday, January 16th. Finally, UBS Group cut Teck Resources from a "buy" rating to a "neutral" rating in a research report on Monday, November 11th. Six research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Teck Resources has a consensus rating of "Moderate Buy" and a consensus target price of $65.38.
Read Our Latest Report on TECK
About Teck Resources
(
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Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.
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