Canadian Materials Company Teck Resources Is Strong Buy

We use trading data to provide forecast estimates for a variety of time horizons for almost ever equity in our database. Our Buy/Sell/Hold recommendations are based upon the 1-year forecast return figure. Using valuation and forecast figures, you can rank and rate our covered stocks against each other, to find out, in an objective and systematic way, the most attractive investment targets based on your own risk/reward parameters. We re-calculate the entire database every trading day, so you are assured that every proprietary valuation and forecast datapoint is as up-to-date as possible.

For today’s bulletin we used our website’s advanced-screening functions to search for the top-rated STRONG BUY US stock with valuation data that meets minimum liquidity requirements. Our leader is Teck Resources Limited.

If you follow our 5-Engine bulletins, we have been focused on Oils Energy firms as of late. In fact, three of the top-ten top STRONG BUY stocks are found in the Energy sector. But, we also see over-representation of other sectors such as Basic Materials. So, for today’s bulletin we take a look at Teck Resources (TECK). Teck lies third on our list. However, we have recently discussed the top-two firms–NRP and UPLMQ–and therefore today we provide data on TECK.

Teck Resources Limited (TECK) is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, metallurgical coal, zinc, gold and energy. It is a world leader in the production of copper, metallurgical coal and zinc, a significant producer of gold, molybdenum and specialty metals, with interests in several oil sands development assets. Headquartered in Vancouver, Canada, the company has expertise across the full range of activities related to mining, including exploration, development, smelting, refining, safety, environmental protection, product stewardship, recycling and research. The Company is actively exploring in countries throughout the Americas, Asia Pacific, Europe and Africa. Teck Resources Limited, formerly Teck Cominco Limited, is headquartered in Vancouver, Canada.

VALUENGINE RECOMMENDATION: ValuEngine continues its STRONG BUY recommendation on TECK RESOURCES for 2017-02-06. Based on the information we have gathered and our resulting research, we feel that TECK RESOURCES has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Momentum and P/E Ratio.

 

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

24.66 1.68%

3-Month

24.37 0.48%

6-Month

24.86 2.50%

1-Year

29.19 20.39%

2-Year

20.59 -15.10%

3-Year

16.85 -30.51%

Valuation & Rankings

Valuation

16.09% undervalued

Valuation Rank(?)

84

1-M Forecast Return

1.68%

1-M Forecast Return Rank

100

12-M Return

463.95%

Momentum Rank(?)

99

Sharpe Ratio

-0.18

Sharpe Ratio Rank(?)

34

5-Y Avg Annual Return

-10.90%

5-Y Avg Annual Rtn Rank

30

Volatility

59.91%

Volatility Rank(?)

28

Expected EPS Growth

99.53%

EPS Growth Rank(?)

86

Market Cap (billions)

13.74

Size Rank

92

Trailing P/E Ratio

10.45

Trailing P/E Rank(?)

92

Forward P/E Ratio

5.24

Forward P/E Ratio Rank

97

PEG Ratio

0.11

PEG Ratio Rank

84

Price/Sales

2.31

Price/Sales Rank(?)

44

Market/Book

1.14

Market/Book Rank(?)

76

Beta

1.47

Beta Rank

21

Alpha

1.65

Alpha Rank

99

ValuEngine Market Overview

Summary of VE Stock Universe

Stocks Undervalued

33.92%

Stocks Overvalued

66.08%

Stocks Undervalued by 20%

13.86%

Stocks Overvalued by 20%

29.75%

ValuEngine Sector Overview

Sector

Change

MTD

YTD

Valuation

Last 12-MReturn

P/E Ratio

Industrial Products

-0.73%

-0.15%

2.70%

21.84% overvalued

35.60%

24.45

Multi-Sector Conglomerates

-0.67%

-0.10%

2.78%

16.82% overvalued

28.97%

19.73

Finance

-0.29%

0.69%

1.96%

15.47% overvalued

26.02%

18.14

Computer and Technology

-0.33%

0.31%

4.80%

13.74% overvalued

30.24%

30.51

Aerospace

-0.39%

0.18%

2.57%

13.08% overvalued

33.73%

20.20

Utilities

-1.04%

-0.85%

1.32%

12.03% overvalued

18.83%

22.72

Business Services

-0.84%

-0.44%

0.94%

11.99% overvalued

20.09%

23.52

Basic Materials

0.28%

1.69%

9.94%

10.07% overvalued

87.07%

27.51

Oils-Energy

-1.29%

0.00%

2.73%

9.06% overvalued

45.34%

28.78

Transportation

-0.54%

-0.35%

4.36%

8.81% overvalued

31.00%

19.90

Consumer Staples

-0.68%

0.54%

2.00%

8.49% overvalued

19.64%

24.28

Auto-Tires-Trucks

0.45%

0.16%

2.18%

8.49% overvalued

41.97%

14.63

Construction

0.08%

0.98%

2.84%

6.50% overvalued

42.62%

20.76

Consumer Discretionary

-0.49%

-0.45%

1.14%

3.86% overvalued

25.40%

24.18

Retail-Wholesale

-0.69%

-0.16%

-1.58%

0.80% undervalued

12.10%

22.90

Medical

-0.36%

1.05%

5.32%

1.57% undervalued

10.88%

26.98

 

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