Teck Resources Ltd Stock Buy Hold or Sell Recommendation

TECK Stock  USD 42.12  1.72  4.26%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Teck Resources Ltd is 'Strong Hold'. The recommendation algorithm takes into account all of Teck Resources' available fundamental, technical, and predictive indicators you will find on this site.
  
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, we conduct extensive research on individual companies such as Teck and provide practical buy, sell, or hold advice based on investors' constraints. Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

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

Execute Advice
Sell Teck ResourcesBuy Teck Resources
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

InterestedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

StrongDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon Teck Resources Ltd has a Risk Adjusted Performance of (0.02), Jensen Alpha of 0.0333, Total Risk Alpha of 0.2171 and Treynor Ratio of (0.08)
Teck Resources recommendation module can be used to check and cross-verify current trade recommendation provided by analysts inspecting the firm's potential to grow using all of fundamental, technical, data market data available at the time. To make sure Teck Resources is not overpriced, please validate all Teck Resources fundamentals, including its net income, short ratio, and the relationship between the price to sales and debt to equity . Given that Teck Resources has a price to earning of 5.41 X, we advise you to double-check Teck Resources Ltd market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Teck Resources Trading Alerts and Improvement Suggestions

The company reported the previous year's revenue of 9.06 B. Net Loss for the year was (923 M) with profit before overhead, payroll, taxes, and interest of 1.61 B.
Teck Resources has a strong financial position based on the latest SEC filings
Over 77.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Teck Resources Is Due To Pay A Dividend Of CA0.125

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
-0.07
Value At Risk
-3.75
Potential Upside
4.06
Standard Deviation
2.34
   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

Shares
Principal Financial Group Inc2024-12-31
7.4 M
Cibc Global Asset Management Inc2024-12-31
6.6 M
Blackrock Inc2024-12-31
6.6 M
Millennium Management Llc2024-12-31
6.6 M
Amf Pensionsforsakring Ab2024-12-31
M
Td Asset Management Inc2024-12-31
M
D. E. Shaw & Co Lp2024-12-31
5.9 M
Citadel Advisors Llc2024-12-31
5.6 M
Dimensional Fund Advisors, Inc.2024-12-31
5.3 M
Vanguard Group Inc2024-12-31
19.3 M
Royal Bank Of Canada2024-12-31
18.2 M
Note, although Teck Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Teck Resources Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash(576M)977M456M(1.1B)6.8B7.2B
Free Cash Flow(2.1B)25M2.5B(1.7B)155M147.3M
Depreciation1.5B1.6B1.7B2.1B1.7B875.2M
Other Non Cash Items483M565M(149M)(800M)2.1B2.2B
Capital Expenditures3.6B4.7B5.5B4.3B2.6B1.6B
Net Income(944M)2.9B4.1B2.4B(923M)(876.9M)
End Period Cash Flow450M1.4B1.9B744M7.6B8.0B
Change To Inventory100M(412M)(421M)(426M)(374M)(355.3M)
Investments(3.7B)(106M)(5.7B)(5.2B)6.2B6.5B
Net Borrowings(47M)2.2B1.3B7M8.1M8.5M
Change To Netincome836M783M1.2B3.0B3.4B3.6B

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 Dow Jones
0.03
β
Beta against Dow Jones1.00
σ
Overall volatility
2.29
Ir
Information ratio 0.01

Teck Resources Volatility Alert

Teck Resources Ltd exhibits very low volatility with skewness of 0.24 and kurtosis of 1.28. 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
FundamentalsTeck ResourcesPeer Average
Return On Equity-0.0333-0.31
Return On Asset0.0113-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.1 %(5.51) %
Current Valuation22.15 B16.62 B
Shares Outstanding495.7 M571.82 M
Shares Owned By Insiders0.87 %10.09 %
Shares Owned By Institutions77.28 %39.21 %
Number Of Shares Shorted8.29 M4.71 M
Price To Earning5.41 X28.72 X
Price To Book1.13 X9.51 X
Price To Sales2.33 X11.42 X
Revenue9.06 B9.43 B
Gross Profit1.61 B27.38 B
EBITDA1.78 B3.9 B
Net Income(923 M)570.98 M
Cash And Equivalents2.64 B2.7 B
Cash Per Share5.15 X5.01 X
Total Debt9.96 B5.32 B
Debt To Equity0.38 %48.70 %
Current Ratio1.65 X2.16 X
Book Value Per Share51.50 X1.93 K
Cash Flow From Operations2.79 B971.22 M
Short Ratio2.68 X4.00 X
Earnings Per Share(0.63) X3.12 X
Price To Earnings To Growth2.02 X4.89 X
Target Price45.11
Number Of Employees7.2 K18.84 K
Beta1.29-0.15
Market Capitalization21.1 B19.03 B
Total Asset47.04 B29.47 B
Retained Earnings17.06 B9.33 B
Working Capital8.2 B1.48 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.

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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.

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Blockchain Theme
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When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:
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.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified Metals & Mining space 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
(0.16)
Dividend Share
0.5
Earnings Share
(0.63)
Revenue Per Share
17.567
Quarterly Revenue Growth
0.512
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.