Gaining Ground: Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Closes Higher at 43.47, Up 3.57

Nora Barnes

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The price of Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) closed at $43.47 in the last session, up 3.57% from day before closing price of $41.97. In other words, the price has increased by $3.57 from its previous closing price. On the day, 1.15 million shares were traded. SQM stock price reached its highest trading level at $43.825 during the session, while it also had its lowest trading level at $42.385.

Ratios:

We take a closer look at SQM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 2.92. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.72.

On October 11, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $55 to $44.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SQM now has a Market Capitalization of 11721512960 and an Enterprise Value of 14985567232. As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.98, and their Forward P/E ratio for the next fiscal year is 12.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 3.543 whereas that against EBITDA is 12.359.

Stock Price History:

The Beta on a monthly basis for SQM is 1.12, which has changed by 0.13144195 over the last 52 weeks, in comparison to a change of 0.17405021 over the same period for the S&P500. Over the past 52 weeks, SQM has reached a high of $47.51, while it has fallen to a 52-week low of $29.36. The 50-Day Moving Average of the stock is 4.61%, while the 200-Day Moving Average is calculated to be 13.39%.

Shares Statistics:

According to the various share statistics, SQM traded on average about 1.56M shares per day over the past 3-months and 1280960 shares per day over the past 10 days. A total of 142.82M shares are outstanding, with a floating share count of 141.85M. Insiders hold about 0.68% of the company’s shares, while institutions hold 28.71% stake in the company. Shares short for SQM as of 1756425600 were 5984867 with a Short Ratio of 3.83, compared to 1753920000 on 7690311.

Earnings Estimates

The stock of Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.79, with high estimates of $0.8 and low estimates of $0.78.

Analysts are recommending an EPS of between $2.54 and $2.0 for the fiscal current year, implying an average EPS of $2.25. EPS for the following year is $3.21, with 12.0 analysts recommending between $4.59 and $2.38.

Revenue Estimates

According to 7 analysts, the current quarter’s revenue is expected to be $1.17B. It ranges from a high estimate of $1.27B to a low estimate of $1.07B. As of the current estimate, Sociedad Quimica Y Minera de Chile S.A. ADR’s year-ago sales were $1.08BFor the next quarter, 7 analysts are estimating revenue of $1.23B. There is a high estimate of $1.34B for the next quarter, whereas the lowest estimate is $1.14B.

A total of 14 analysts have provided revenue estimates for SQM’s current fiscal year. The highest revenue estimate was $4.97B, while the lowest revenue estimate was $4.31B, resulting in an average revenue estimate of $4.49B. In the same quarter a year ago, actual revenue was $4.53BBased on 15 analysts’ estimates, the company’s revenue will be $5.14B in the next fiscal year. The high estimate is $6.13B and the low estimate is $4.38B.

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