Teck Resources Limited (NYSE:TECK – Free Report) (TSE:TECK) – Investment analysts at B. Riley cut their Q2 2025 earnings per share (EPS) estimates for shares of Teck Resources in a report issued on Tuesday, January 28th. B. Riley analyst N. Giles now expects that the basic materials company will post earnings of $0.35 per share for the quarter, down from their prior 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 research firms also recently issued reports on TECK. National Bank Financial downgraded shares of Teck Resources from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, December 10th. StockNews.com raised shares of Teck Resources from a “sell” rating to a “hold” rating in a report on Thursday, October 24th. UBS Group downgraded Teck Resources from a “buy” rating to a “neutral” rating in a research note on Monday, November 11th. Citigroup upgraded Teck Resources to a “hold” rating in a research report on Wednesday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered shares of Teck Resources from a “buy” rating to a “hold” rating and set a $50.00 target price for the company. in a research note on Friday, October 25th. Six investment 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $65.38.
Teck Resources Stock Performance
Shares of TECK opened at $41.06 on Thursday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.92 and a quick ratio of 2.35. Teck Resources has a 12-month low of $36.50 and a 12-month high of $55.13. The business’s fifty day moving average price is $43.17 and its 200 day moving average price is $46.25. The stock has a market capitalization of $20.48 billion, a PE ratio of 62.22 and a beta of 1.05.
Institutional Trading of Teck Resources
Several large investors have recently added to or reduced their stakes in TECK. Stonebridge Financial Group LLC purchased a new position in shares of Teck Resources during the fourth quarter valued at $25,000. Global Trust Asset Management LLC purchased a new stake in Teck Resources in the 4th quarter worth about $27,000. Eastern Bank acquired a new stake in Teck Resources during the 3rd quarter worth about $39,000. Wilmington Savings Fund Society FSB purchased a new position in Teck Resources during the 3rd quarter valued at about $40,000. Finally, Bruce G. Allen Investments LLC increased its holdings in shares of Teck Resources by 77.4% in the 3rd quarter. Bruce G. Allen Investments LLC now owns 878 shares of the basic materials company’s stock valued at $46,000 after purchasing an additional 383 shares during the period. 78.06% of the stock is owned by institutional investors and hedge funds.
Teck Resources Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.0895 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.87%. The ex-dividend date of this dividend was Friday, December 13th. Teck Resources’s payout ratio is 53.03%.
About Teck Resources
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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