• Teck Resources records a lower than projected Revenue in the first quarter, with a total of C$3.99 billion against the estimated C$4.1 billion.
• Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is also lower than expected, coming in at C$1.69 billion compared to the estimate of C$1.74 billion.
• The market sentiment towards Teck Resources among analysts is primarily positive, with 17 “buy” ratings. However, 1 analyst has given a “hold” rating and 2 have issued “sell” ratings.
A look at Teck Resources Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Teck Resources Ltd., an integrated natural resource group, has seen a positive long-term outlook based on their Smartkarma Smart Scores. With a strong emphasis on growth and value, Teck Resources received high scores in these areas, indicating promising future prospects for the company. Their operations in mining zinc, copper, molybdenum, gold, and metallurgical coal across various countries position them well for sustainable growth.
However, the company’s lower scores in dividend and resilience suggest areas that may require attention to further improve their overall performance. Despite these challenges, the momentum score of 4 reflects the company’s current positive trajectory. Overall, with a strategic focus on growth and value, Teck Resources appears to be poised for success in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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