Economy

Analyst Ratings for: Turquoise Hill Resources Ltd. (TRQ)

The corporation has a market cap of US$6.62 Billion. Each day in the past 1 week, the average volatility remained at 2.90%.

An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. The company has Beta Value of 0.46 and ATR value of 0.09.

Turquoise Hill Resources Ltd. (NYSE:TRQ) has posted trailing 12 months earnings of $0.06 per share. The company beat the analyst EPS Estimate with the difference of $0.01. In general, if the reading goes above -20, the stock may be considered to be overbought. This result was in line with the consensus of the 5 analysts following the company and was the same as last year's 2nd quarter results.

The High Revenue estimate is predicted as 245200, while the Low Revenue Estimate prediction stands at 215000. Past 5 years growth of the company observed at -33.46%, and for the next five years the analysts that follow the company are expecting its growth at 2%. They now have a United States dollars 9.89 price target on the stock.

FT reports, On Jul 31, 2017, Turquoise Hill Resources Ltd reported 2nd quarter 2017 earnings of 0.01 per share. Average estimation for the current quarter has been provided by 4 analysts. Moving averages can have different lengths though, so one may indicate an uptrend while another indicates a downtrend.

According to Finviz reported data, The SMA20 of the stock is at 3.07 percent, SMA50 is 2.38 percent, while SMA200 is 6.45 percent.

Total debt to equity ratio of the company for most recent quarter is 0.51 while Long term debt to equity ratio for same time period is 0.51. The bigger the return, the more efficient management is in utilizing its asset base. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock's price movement.

Turquoise Hill Resources Ltd (TRQ) now has a 14-day Commodity Channel Index (CCI) of 198.44. The dividend yield of 4.58% measures the amount of cash dividends distributed to common shareholders relative to the market value per share.

Analysts are also projecting an Average Revenue Estimate for Turquoise Hill Resources Ltd.as $234320 in the Current Quarter.

The Beneish model is a mathematical model that makes use of financial ratios and eight variables to identify whether a firm has manipulated its profit. Out of the analyst recommendations 2 rate Turquoise Hill Resources Ltd (NYSE:TRQ) stock a Buy, 3 rate the stock Outperform, 3 rate Hold, 0 rate Underperform and 0 recommend a Sell.

The objective of a stock price analysis is to study the behaviour of stock prices. They may also be used to help the trader figure out reliable support and resistance levels for the stock. $4.50's average target is 37.61% above currents $3.27 stock price. The co's performance for 6 months was moved up of 5.16%, 1-year performance stands at 10.14% and year to date showing surged performance of 0.93%.



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