Teck Resources (NYSE:TECK) Receives Media Impact Score of 0.13
News articles about Teck Resources (NYSE:TECK) (TSE:TECK) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Teck Resources earned a news impact score of 0.13 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.6740278140181 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Teck Resources Ltd (TCKRF) Moves Above Ichimoku Cloud – Evergreen Caller (evergreencaller.com)
- Teck Resources Ltd Cl A (TECK.A.TO) RMI Charging Higher Near-Term – ExpressNewsline (expressnewsline.com)
- Why This Coal Miner's Shares Exploded 25% in July (finance.yahoo.com)
- Teck Resources Ltd (TECK) Showing Bullish Money Flow – Berry Recorder (berryrecorder.com)
TECK has been the subject of several recent analyst reports. Bank of America Corporation upgraded Teck Resources from a “neutral” rating to a “buy” rating in a research note on Friday, June 30th. Deutsche Bank AG reiterated a “buy” rating and set a $23.00 price target (down previously from $24.00) on shares of Teck Resources in a research note on Sunday, June 25th. Clarkson Capital reiterated a “buy” rating on shares of Teck Resources in a research note on Friday, May 19th. Royal Bank Of Canada reiterated an “outperform” rating and set a $38.00 price target (down previously from $39.00) on shares of Teck Resources in a research note on Friday, June 16th. Finally, Credit Suisse Group reiterated an “outperform” rating on shares of Teck Resources in a research note on Tuesday, April 18th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twenty-one have given a buy rating to the company’s stock. Teck Resources currently has a consensus rating of “Buy” and an average price target of $27.03.
Shares of Teck Resources (TECK) traded up 3.04% during mid-day trading on Friday, hitting $22.34. The company’s stock had a trading volume of 4,026,584 shares. The company has a market cap of $12.91 billion, a price-to-earnings ratio of 7.96 and a beta of 1.27. The company has a 50-day moving average of $18.24 and a 200 day moving average of $20.45. Teck Resources has a 1-year low of $14.56 and a 1-year high of $33.76.
Teck Resources (NYSE:TECK) (TSE:TECK) last issued its quarterly earnings data on Thursday, July 27th. The basic materials company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.02. Teck Resources had a return on equity of 13.01% and a net margin of 17.93%. The company had revenue of $2.82 billion during the quarter, compared to analysts’ expectations of $2.75 billion. The company’s quarterly revenue was up 62.0% on a year-over-year basis. On average, analysts expect that Teck Resources will post $3.16 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 15th will be issued a dividend of $0.0399 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date of this dividend is Thursday, September 14th. Teck Resources’s dividend payout ratio is presently 5.64%.
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Teck Resources Company Profile
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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