As of close of business last night, Sociedad Quimica y Minera de Chile S.A.’s stock clocked out at $92.91, up 2.88% from its previous closing price of $90.31. In other words, the price has increased by $+2.60 from its previous closing price. On the day, 936516 shares were traded. SQM stock price reached its highest trading level at $92.98 during the session, while it also had its lowest trading level at $89.51.
To gain a deeper understanding of SQM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.53. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.47.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on December 15, 2022, Downgraded its rating to Neutral and sets its target price to $92 from $112 previously.
On March 31, 2022, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight and also upped its target price recommendation from $58 to $70.
On January 25, 2022, Loop Capital started tracking the stock assigning a Buy rating and target price of $102.Loop Capital initiated its Buy rating on January 25, 2022, with a $102 target price.
As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.63, and their Forward P/E ratio for the next fiscal year is 6.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.80 while its Price-to-Book (P/B) ratio in mrq is 5.76.
Stock Price History:
Over the past 52 weeks, SQM has reached a high of $115.76, while it has fallen to a 52-week low of $49.80. The 50-Day Moving Average of the stock is 89.66, while the 200-Day Moving Average is calculated to be 91.96.
It appears that SQM traded 1.66M shares on average per day over the past three months and 1.48M shares per day over the past ten days. A total of 285.64M shares are outstanding, with a floating share count of 146.49M. Insiders hold about 72.40% of the company’s shares, while institutions hold 40.80% stake in the company. Shares short for SQM as of Oct 13, 2022 were 2.1M with a Short Ratio of 2.27M, compared to 1.81M on Sep 14, 2022.
Dividends & Splits
With its trailing 12-month dividend rate of 0.19, SQM has a forward annual dividend rate of 7.52. Against a Trailing Annual Dividend Yield of 0.21%, it implies a Forward Annual Dividend Yield of 11.45%. The stock’s 5-year Average Dividend Yield is 3.27. The current Payout Ratio is 28.80% for SQM, which recently paid a dividend on Dec 26, 2022 with an ex-dividend date of Jun 01, 2022. Stock splits for the company last occurred on Apr 26, 2016 when the company split stock in a 1027:1000 ratio.
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $3.1 for the current quarter, with a high estimate of $4.08 and a low estimate of $2.67, while EPS last year was $0.25. The consensus estimate for the next quarter is $3.33, with high estimates of $3.5 and low estimates of $3.22.
Analysts are recommending an EPS of between $14.47 and $11.96 for the fiscal current year, implying an average EPS of $12.91. EPS for the following year is $13.39, with 11 analysts recommending between $19.1 and $7.55.
A total of 11 analysts have provided revenue estimates for SQM’s current fiscal year. The highest revenue estimate was $11.48B, while the lowest revenue estimate was $9.79B, resulting in an average revenue estimate of $10.39B. In the same quarter a year ago, actual revenue was $2.86B, up 262.90% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $11.1B in the next fiscal year. The high estimate is $13.91B and the low estimate is $8.6B. The average revenue growth estimate for next year is up 6.90% from the average revenue estimate for this year.