Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) – B. Riley dropped their Q2 2025 earnings estimates for shares of Teck Resources in a report released on Tuesday, January 28th. B. Riley analyst N. Giles now anticipates that the basic materials company will post earnings of $0.35 per share for the quarter, down from their previous estimate of $0.39. The consensus estimate for Teck Resources’ current full-year earnings is $1.69 per share. B. Riley also issued estimates for Teck Resources’ Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.45 EPS and FY2027 earnings at $0.99 EPS.
A number of other analysts have also issued reports on TECK. Citigroup raised Teck Resources to a “hold” rating in a research note on Wednesday, October 2nd. Deutsche Bank Aktiengesellschaft cut shares of Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 target price on the stock. in a research report on Friday, October 25th. National Bank Financial lowered shares of Teck Resources from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, December 10th. UBS Group downgraded shares of Teck Resources from a “buy” rating to a “neutral” rating in a research note on Monday, November 11th. Finally, Scotiabank boosted their price objective on shares of Teck Resources from $78.00 to $79.00 and gave the company a “sector outperform” rating in a research note on Tuesday, October 8th. Six research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $65.38.
Teck Resources Price Performance
TECK stock opened at $41.06 on Thursday. The stock has a market capitalization of $20.48 billion, a price-to-earnings ratio of 62.22 and a beta of 1.05. The stock’s fifty day simple moving average is $43.17 and its 200-day simple moving average is $46.25. Teck Resources has a 52-week low of $36.50 and a 52-week high of $55.13. The company has a quick ratio of 2.35, a current ratio of 2.92 and a debt-to-equity ratio of 0.16.
Teck Resources Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.0895 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date was Friday, December 13th. Teck Resources’s dividend payout ratio is presently 53.03%.
Institutional Investors Weigh In On Teck Resources
Several institutional investors and hedge funds have recently modified their holdings of the stock. Vontobel Holding Ltd. grew its holdings in Teck Resources by 8.4% during the 4th quarter. Vontobel Holding Ltd. now owns 87,903 shares of the basic materials company’s stock valued at $3,559,000 after purchasing an additional 6,800 shares in the last quarter. Louisbourg Investments Inc. grew its stake in shares of Teck Resources by 2.6% during the fourth quarter. Louisbourg Investments Inc. now owns 131,746 shares of the basic materials company’s stock valued at $5,339,000 after acquiring an additional 3,278 shares in the last quarter. Stonebridge Financial Group LLC acquired a new stake in shares of Teck Resources during the fourth quarter valued at about $25,000. Savant Capital LLC increased its position in shares of Teck Resources by 32.3% during the fourth quarter. Savant Capital LLC now owns 9,415 shares of the basic materials company’s stock worth $382,000 after acquiring an additional 2,301 shares during the last quarter. Finally, Entropy Technologies LP acquired a new position in shares of Teck Resources in the fourth quarter worth about $288,000. Hedge funds and other institutional investors own 78.06% of the company’s stock.
Teck Resources Company Profile
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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