Turquoise Hill Resources Ltd (TRQ.CA) Forecast, Price Target & Analyst Ratings

TSX:TRQCA9004352071

Current stock price

42.99 CAD
-0.02 (-0.05%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Turquoise Hill Resources Ltd (TRQ.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$42.64
-0.82% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
N/A
Period
Q4 / 2022
EPS Estimate
-$0.01
Revenue Estimate
230.34M

ChartMill Buy Consensus

Rating
75.00%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$42.64
Upside
-0.82%
From current price of CA$42.99 to mean target of CA$42.64, Based on 8 analyst forecasts
Low
CA$32.32
Median
CA$43.86
High
CA$50.40

Price Target Revisions

1 Month
0.00%
3 Months
N/A

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for TRQ.CA. The average price target is 42.64 CAD. This implies a price decrease of -0.82% is expected in the next year compared to the current price of 42.99.

Analyst Ratings & History

Current Analyst Ratings

TRQ Current Analyst RatingTRQ Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

TRQ Historical Analyst RatingsTRQ Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
75.00%
TRQ.CA was analyzed by 8 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about TRQ.CA.
In the previous month the buy percentage consensus was at a similar level.
TRQ.CA was analyzed by 8 analysts. More opinions would make the average more meaningful.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-12-12Scotiabank CapitalMaintains Sector Perform
2022-12-12STA ResearchMaintains Underperform
2022-11-15Scotiabank CapitalMaintains Sector Perform
2022-11-03Scotiabank CapitalMaintains Sector Perform
2022-11-03STA ResearchDowngrade Underperform
2022-10-13Scotiabank CapitalDowngrade Sector Perform
2022-10-13STA ResearchUpgrade Hold
2022-09-02Scotiabank CapitalMaintains Outperform
2022-09-02STA ResearchMaintains Hold
2022-08-25TD ResearchDowngrade Hold
2022-08-25Scotiabank CapitalMaintains Outperform
2022-08-16TD ResearchDowngrade Hold
2022-08-16Scotiabank CapitalMaintains Outperform
2022-08-16STA ResearchMaintains Hold
2022-08-08TD ResearchDowngrade Hold
2022-08-05Scotiabank CapitalMaintains Outperform
2022-07-28TD ResearchMaintains Hold
2022-07-15Scotiabank CapitalMaintains Outperform
2022-07-07Scotiabank CapitalDowngrade Outperform
2022-06-15Scotiabank CapitalMaintains Outperform
2022-05-20Scotiabank CapitalMaintains Outperform
2022-05-20STA ResearchMaintains Hold
2022-05-13Eight CapitalUpgrade Buy
2022-05-12Scotiabank CapitalUpgrade Buy
2022-05-11Canaccord CapitalUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
N/A
Period
Q4 / 2022
EPS Estimate
-$0.01
Revenue Estimate
230.34M
Revenue Q2Q
-54.29%
EPS Q2Q
-101.23%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
7.19%
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
N/A

Next Earnings Summary

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
TRQ.CA revenue by date.TRQ.CA revenue by date.
1.166B
-1.19%
1.078B
-7.53%
1.971B
82.81%
1.462B
-25.83%
1.181B
-19.22%
2.168B
83.57%
3.501B
61.48%
4.976B
42.15%
EBITDA
YoY % growth
TRQ.CA ebitda by date.TRQ.CA ebitda by date.
370.7M
-1.67%
355M
-4.24%
1.19B
235.11%
458.15M
-61.49%
238.51M
-47.94%
1.139B
377.55%
3.63B
218.67%
8.606B
137.11%
EBIT
YoY % growth
TRQ.CA ebit by date.TRQ.CA ebit by date.
178.6M
7.72%
173.7M
-2.74%
1.024B
489.69%
255.78M
-75.03%
19.19M
-92.50%
902.25M
4,601.67%
3.065B
239.71%
7.663B
150.00%
Operating Margin
TRQ.CA operating margin by date.TRQ.CA operating margin by date.
15.32%16.11%51.97%17.50%1.62%41.62%87.55%153.98%
EPS
YoY % growth
TRQ.CA eps by date.TRQ.CA eps by date.
3.10
47.62%
2.13
-31.29%
2.61
22.54%
2.02
-22.59%
0.92
-54.51%
3.27
256.04%
6.50
98.78%
13.06
100.77%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22 Q1 / 23 Q2 / 23 Q3 / 23 Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth
-0.01
-101.23%
0.22
-83.78%
0.22
-45.80%
0.22
-3.39%
0.25
2,731.58%
0.33
48.18%
-0.20
-188.18%
0.37
64.55%
-0.20
-180.80%
Revenue
Q2Q % growth
230.34M
-54.29%
281.01M
-30.21%
271.68M
-32.42%
280.91M
-28.17%
293.17M
27.28%
502.44M
78.80%
510.11M
87.76%
527M
87.60%
544.42M
85.70%
EBITDA
Q2Q % growth
55.819M
-86.18%
50.659M
-73.21%
40.522M
-76.36%
50.714M
-72.51%
60.843M
9.00%
252.87M
399.16%
258.63M
538.25%
272.96M
438.23%
287.78M
372.99%
EBIT
Q2Q % growth
-60.667M
-125.43%
5.209M
-96.51%
-4.927M
-105.71%
5.264M
-89.42%
15.393M
125.37%
194.55M
3,634.88%
200.31M
4,165.74%
214.63M
3,977.32%
229.46M
1,390.68%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TRQ.CA Yearly Revenue VS EstimatesTRQ.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B 4B
TRQ.CA Yearly EPS VS EstimatesTRQ.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
7.83%
EPS Next 5 Year
37.99%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.52%
Revenue Next 5 Year
20.56%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
5.72%
EBIT Next 5 Year
54.94%

Turquoise Hill Resources Ltd / TRQ.CA Forecast FAQ

Can you provide the average price target for Turquoise Hill Resources Ltd stock?

8 analysts have analysed TRQ.CA and the average price target is 42.64 CAD. This implies a price decrease of -0.82% is expected in the next year compared to the current price of 42.99.

Can you provide the consensus estimates for Turquoise Hill Resources Ltd next earnings?

The consensus EPS estimate for the next earnings of Turquoise Hill Resources Ltd (TRQ.CA) is -0.01 CAD and the consensus revenue estimate is 230.34M CAD.

Can you provide the consensus rating for Turquoise Hill Resources Ltd stock?

The consensus rating for Turquoise Hill Resources Ltd (TRQ.CA) is 75 / 100 . This indicates that analysts generally have a positive outlook on the stock.