Media coverage about Teck Resources (NYSE:TECK) (TSE:TECK) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teck Resources earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.7463946396494 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- ‘A shock to all of us’: Teck Resources’ dam sale upsets workers, community in Trail, B.C. (nationalpost.com)
- Teck Resources (TECK) vs. A-Mark Precious Metals (AMRK) Financial Analysis (americanbankingnews.com)
- Teck Resources Ltd (TECK) Expected to Post Earnings of $0.87 Per Share (americanbankingnews.com)
- Active Runners in Focus: Teck Resources Ltd (TECK) and Synergy Pharma (SGYP) – SCY News (scynews.com)
- Technicals in Focus: Teck Resources Limited (NYSE: TECK) – Alpha Beta Stock (alphabetastock.com)
Shares of Teck Resources (NYSE:TECK) traded up $0.19 during mid-day trading on Friday, hitting $29.43. The stock had a trading volume of 3,420,000 shares, compared to its average volume of 4,280,000. Teck Resources has a one year low of $14.56 and a one year high of $30.79. The firm has a market cap of $16,970.00, a PE ratio of 8.63, a PEG ratio of 1.48 and a beta of 1.31. The company has a current ratio of 2.17, a quick ratio of 1.42 and a debt-to-equity ratio of 0.32.
Teck Resources (NYSE:TECK) (TSE:TECK) last released its quarterly earnings data on Thursday, October 26th. The basic materials company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.95 by ($0.09). Teck Resources had a return on equity of 15.16% and a net margin of 19.72%. sell-side analysts predict that Teck Resources will post 3.49 EPS for the current year.
The business also recently disclosed a special dividend, which was paid on Friday, December 29th. Stockholders of record on Friday, December 15th were paid a dividend of $0.3141 per share. This represents a dividend yield of 0.72%. The ex-dividend date of this dividend was Thursday, December 14th. Teck Resources’s dividend payout ratio is presently 4.69%.
A number of research analysts have commented on TECK shares. Scotiabank raised Teck Resources from an “outperform” rating to a “focus list” rating in a report on Monday, January 8th. ValuEngine raised Teck Resources from a “hold” rating to a “buy” rating in a report on Friday, December 1st. BMO Capital Markets raised their price target on Teck Resources from $40.00 to $41.00 and gave the stock an “outperform” rating in a report on Monday, September 25th. Bank of America raised their price target on Teck Resources from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Wednesday, October 4th. Finally, Zacks Investment Research downgraded Teck Resources from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. One analyst has rated the stock with a sell rating, three have given a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $28.94.
About Teck Resources
Teck Resources Ltd is engaged in the business of exploring for, acquiring, developing and producing natural resources. The Company’s activities are organized into business units that are focused on steelmaking coal, copper, zinc and energy. It operates in five segments: steelmaking coal, copper, zinc, energy and corporate.
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