Teekay Corporation Shares Close the Day 13.1% Higher - Daily Wrap

The company saw its shares close the day 13.1% higher than yesterday, with trading volume higher than its 30 day average.

Mar 26, 2021 by Kwhen Finance Editors

Teekay Corporation Shares Close the Day 13.1% Higher - Daily Wrap
Teekay Corporation shares closed today 13.1% higher than it did at the end of yesterday. The stock is currently up 76.3% year-to-date, up 35.4% over the past 12 months, and down 53.9% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 1.6%.

Trading Activity

  • Shares traded as high as $3.88 and as low as $3.17 this week.
  • Shares closed 2e+1% below its 52-week high and 1e+2% above its 52-week low.
  • Trading volume this week was 37.0% lower than the 10-day average and 29.7% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $961 million in earnings before interest and taxes from $2 billion in revenue. It currently holds $376 million in cash and $882 million in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is higher than its current P/E ratio of -7.35, implying that analysts are expecting a decrease in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -0.07. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 14.25 which means it currently has $14.25 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 0.65. This means that the stock is trading at a discount of 1 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 0.16.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 1.85.

P/E

-7.35

EBITDA

$961M

P/Book

0.65

Mkt Cap

$383M

P/Sales

0.16

Revenue

$2B

EPS (TTM)

-0.52

PEG Ratio

-0.07

EV/Revenue

1.85

Total Cash

$376M

Debt/Equity

14.25

Forward P/E

0.00

Current Debt

$882M

Gross Profit

$2B

Dividend Date

-

Earnings Date

2021-02-25

Profit Margin

-0.03

Revenue/Share

20.17

Total Revenue

$2B

Enterprise Val

$3B

Put/Call Ratio

0.77

Revenue/Employee

0.00

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Industrials industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Teekay Corporation13.176.335.4-29.7101.8
Dow Jones Industrial Average1.48.649.8-1.461.3
S&P 500 Index1.66.354.0-1.562.9
Industrials2.09.265.4-1.580.9

Peer Group Comparative Performance

  • The company's stock price performance year-to-date beats the peer average by 130.4%
  • The company's stock price performance over the past 12 months beats the peer average by 452.3%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Teekay CorporationTK-7.376.335.4-29.7101.8
Peer AvgN/A-1.233.16.4-35.071.8
Teekay LNG Partners L.P.TGP035.578.8-1.484.7
SFL Corporation LimitedSFL-4.837.7-4.1-20.545.8
Golar LNG LimitedGLNG-5.113.837.3-27.4141.6
Nordic American Tankers LimitedNAT6.232.35.7-57.130.0
Teekay Tankers Ltd. Class ATNK1.935.6-32.0-44.866.9
Tsakos Energy Navigation LimitedTNP-6.724.5-34.7-55.346.3
Ardmore Shipping Corp.ASC052.3-6.0-38.387.4

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