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

NYSE:TRQ • CA9004352071

Current stock price

31.41 USD
-0.29 (-0.91%)
At close:
31.48 USD
+0.07 (+0.22%)
After Hours:

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).

Forecast Snapshot

Consensus Price Target

Price Target
$31.86
+ 1.42% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Feb 28, 2023
Period
Q4 / 2022
EPS Estimate
-$0.01
Revenue Estimate
230.34M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$31.86
Upside
+ 1.42%
From current price of $31.41 to mean target of $31.86, Based on 8 analyst forecasts
Low
$24.15
Median
$32.77
High
$37.66

Price Target Revisions

1 Month
1.71%
3 Months
N/A

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for TRQ. The average price target is 31.86 USD. This implies a price increase of 1.42% is expected in the next year compared to the current price of 31.41.
→ Find peer stocks trading 30% below analyst price target

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 was analyzed by 8 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about TRQ.
In the previous month the buy percentage consensus was at a similar level.
TRQ was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-03-04TD SecuritiesUpgrade Speculative Buy -> Buy
2022-01-26RBC CapitalMaintains Sector Perform
2022-01-25TD SecuritiesUpgrade Hold -> Speculative Buy
2022-01-25Canaccord GenuityUpgrade Hold -> Buy
2021-11-04BMO CapitalDowngrade Market Perform -> Underperform
2021-08-03SbankDowngrade Strong Buy
2021-08-03TD SecuritiesDowngrade Speculative Buy
2021-08-02RBC CapitalDowngrade Sector Perform
2021-08-02TD SecuritiesDowngrade
2021-07-16BMO Capital MarketsDowngrade
2021-07-16TD SecuritiesDowngrade Speculative Buy
2021-07-16Canaccord GenuityDowngrade
2021-07-12SbankUpgrade Strong Buy
2021-06-30TD SecuritiesMaintains Speculative Buy
2021-06-02BMO Capital MarketsUpgrade Strong Buy
2021-05-14SbankDowngrade Strong Buy
2021-05-14BMO Capital MarketsDowngrade Strong Buy
2021-05-13RBC CapitalInitiate Sector Perform
2021-04-27BMO Capital MarketsUpgrade Strong Buy
2021-04-22TD SecuritiesUpgrade Speculative Buy
2021-04-20Eight CapitalUpgrade Buy
2021-04-20BMO Capital MarketsUpgrade Strong Buy
2021-04-12SbankUpgrade Strong Buy
2021-04-12BMO Capital MarketsUpgrade Strong Buy
2021-04-09Canaccord GenuityUpgrade Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Feb 28, 2023
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)
-11.02%
Revenue (3 Months)
N/A
EPS (1 Month)
-113.69%
EPS (3 Months)
N/A

Next Earnings Summary

TRQ is expected to report earnings on 2/28/2023. The consensus EPS estimate for the next earnings is -0.01 USD and the consensus revenue estimate is 230.34M USD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

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 revenue by date.TRQ 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 ebitda by date.TRQ 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 ebit by date.TRQ 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 operating margin by date.TRQ operating margin by date.
15.32%16.11%51.97%17.50%1.62%41.62%87.55%153.98%
EPS
YoY % growth
TRQ eps by date.TRQ 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 Yearly Revenue VS EstimatesTRQ Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B 4B
TRQ Yearly EPS VS EstimatesTRQ 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%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

Turquoise Hill Resources Ltd / TRQ Forecast FAQ

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

8 analysts have analysed TRQ and the average price target is 31.86 USD. This implies a price increase of 1.42% is expected in the next year compared to the current price of 31.41.

Can you provide the upcoming earnings date for Turquoise Hill Resources Ltd?

Turquoise Hill Resources Ltd (TRQ) will report earnings on 2023-02-28.

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) is -0.01 USD and the consensus revenue estimate is 230.34M USD.

What is the expected long term growth rate for Turquoise Hill Resources Ltd (TRQ)?

The expected long term growth rate for Turquoise Hill Resources Ltd (TRQ) is 3.52%.