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Why Teck Resources Ltd (TECK) is a Top Value Stock for the Long-Term

Zacks Equity Research
·2-min read

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.

Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

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Teck Resources Ltd (TECK)

Vancouver, Canada-based Teck Resources Limited is a diversified resource company committed to mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy.

TECK boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Teck Resources Ltd are trading at a forward earnings multiple of 4.4X, as well as a PEG Ratio of 1, a Price/Cash Flow ratio of 4.3X, and a Price/Sales ratio of 1.1X.

A company's earnings performance is important for value investors as well. For fiscal 2022, four analysts revised their earnings estimate higher in the last 60 days for TECK, while the Zacks Consensus Estimate has increased $0.12 to $6.94 per share. TECK also holds an average earnings surprise of 13.2%.

TECK should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.


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Teck Resources Ltd (TECK) : Free Stock Analysis Report
 
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Zacks Investment Research