Teekay is a oil & gas midstream company located in Bermuda, which is part of the Energy sector, and is traded under the ticker TK on the NYSE exchange.
Teekay stock last closed at $7.24, up 0.42% from the previous day, and has increased 16.03% in one year. It has underperformed other stocks in the Oil & Gas Midstream industry by 0.06 percentage points. Teekay stock is currently +44.51% from its 52-week low of $5.01, and -21.94% from its 52-week high of $9.28.
As of Mar 27, 2024, there are 91.01M TK shares outstanding. The market value of TK is $658.88M. In the past 24 hours, 338,791 TK shares were traded.
How to Buy Teekay Stock
Wondering how to invest in Teekay stock? Here's how.
Decide where to buy Teekay stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Teekay stock.
Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Fund your brokerage account: Choose your payment method and add your info.
Research Teekay stock: The Teekay ticker symbol is TK. Is Teekay stock a good investment? Should you buy shares of TK? How do TK's underlying business fundamentals look? Do top analysts think Teekay is a good buy? Why has TK's stock price moved recently? (Hint: Our stock analysis website can help you decide if TK is a good stock to buy).
Make your TK trade: Decide if you will purchase TK shares at the current market price or use a limit order to buy TK shares at a particular price.
Get the latest scoop on your investment in TK: Create a watchlist to monitor your position in Teekay stock.
Step 1: Decide where to buy Teekay stock
You need an online brokerage account in order to access the NYSE market and buy TK shares.
A brokerage account allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Open a brokerage account
Now that you've selected the best brokerage, the next step is to fill out some personal info so you are able to invest in TK today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Teekay stock
After you have chosen the best place to buy Teekay stock, it's very important to research their stock before you invest, so you can understand the risk as well as the opportunity.
Overview of key TK info
TK Price
$7.24
1w %
-2.03%
1y %
16.03%
5y %
78.77%
P/E
4.55x
P/B
0.9x
P/S
0.47x
PEG
0.02x
Revenue
$1.46B
Earnings
$150.64M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$658.88M
Next Earnings
May 9, 2024
Next Dividend
N/A
TK Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on TK's stock page.
What is the fair value of TK stock?
You can use many financial metrics, analyses, models, and charts to gauge TK's fair value.
Using relative valuations measures:
TK may be undervalued based on its P/E ratio of 4.55x, relative to Oil & Gas Midstream industry P/E ratio of 14.23x
TK may be undervalued based on its P/B ratio of 0.9x, relative to Oil & Gas Midstream industry P/B ratio of 2.34x
TK may be undervalued based on its PEG ratio of 0.02x
Total TK debt is lower than 5 years ago, relative to shareholder equity.
TK profit margin has gone up from 6.6% to 10.3% in the past year.
There are more short-term assets than short-term liabilities on the TK balance sheet.
There are more short-term assets than long-term liabilities on the TK balance sheet.
TK earnings of $190.81M is not enough to cover its interest payments.
TK's operating cash flow of $633.46M allows it to safely service it's debt of $215.91M.
Failed Financial Due Diligence Checks:
TK has a relatively high debt to equity ratio of 0.54.
Metrics for Advanced TK Traders
SMA10
7.3
SMA20
7.29
SMA50
7.86
SMA100
7.54
SMA200
6.96
MACD
-0.13
MACD Signal
-0.16
MACD Histogram
0.03
RSI
41.89
Stochastic %K
37.5
Stochastic %D
45.37
StochRSI %K
54.57
StochRSI %D
64.35
TK Growth Metrics
Last year, TK earnings were $150.64M. In the last 2 year, TK's earnings have gone up by 345.81% per year. This was faster than the Oil & Gas Midstream industry average of 21.53%.
Last year, TK revenue was $1.46B. Over the last 5 year, TK's revenue has grown by -3.25% per year. This was slower than the Oil & Gas Midstream industry average of 7.51%.
No, Teekay doesn't provide an income stream by paying out dividends.
What others are saying about TK
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Step 5: Make your TK trade
There are two primary order types:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually fine.
Limit order: A limit order lets you buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
As of Mar 27, 2024, it costs $7.24 to buy one share of Teekay stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.414 shares of TK.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.