Balance Sheet Breakdown: Southern Copper Corporation (SCCO)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $118.63 in the prior trading day, Southern Copper Corporation (NYSE: SCCO) closed at $115.75, down -2.43%. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.28 million shares were traded. SCCO stock price reached its highest trading level at $119.5 during the session, while it also had its lowest trading level at $114.21.


Our goal is to gain a better understanding of SCCO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 57.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.82. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 3.31. In the meantime, Its Debt-to-Equity ratio is 0.93 whereas as Long-Term Debt/Eq ratio is at 0.92.

On March 22, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $91 to $130.

Morgan Stanley Downgraded its Equal-Weight to Underweight on November 27, 2023, whereas the target price for the stock was revised from $83 to $68.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 30 ’24 when PALOMINO BONILLA LUIS MIGUEL sold 3,600 shares for $118.30 per share. The transaction valued at 425,880 led to the insider holds 2,214 shares of the business.

PALOMINO BONILLA LUIS MIGUEL sold 300 shares of SCCO for $35,550 on Apr 29 ’24. The Director now owns 4,614 shares after completing the transaction at $118.50 per share. On Apr 03 ’24, another insider, PALOMINO BONILLA LUIS MIGUEL, who serves as the Director of the company, sold 100 shares for $110.20 each. As a result, the insider received 11,020 and left with 4,914 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCCO now has a Market Capitalization of 90418806784 and an Enterprise Value of 95914164224. As of this moment, Southern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 38.31, and their Forward P/E ratio for the next fiscal year is 24.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.32 while its Price-to-Book (P/B) ratio in mrq is 11.99. Its current Enterprise Value per Revenue stands at 9.886 whereas that against EBITDA is 19.706.

Stock Price History:

Over the past 52 weeks, SCCO has reached a high of $129.79, while it has fallen to a 52-week low of $66.36. The 50-Day Moving Average of the stock is 1.51%, while the 200-Day Moving Average is calculated to be 32.69%.

Shares Statistics:

The stock has traded on average 1.41M shares per day over the past 3-months and 1394310 shares per day over the last 10 days, according to various share statistics. A total of 781.15M shares are outstanding, with a floating share count of 85.99M. Insiders hold about 88.99% of the company’s shares, while institutions hold 8.89% stake in the company. Shares short for SCCO as of 1715731200 were 5848928 with a Short Ratio of 4.15, compared to 1713139200 on 5928924. Therefore, it implies a Short% of Shares Outstanding of 5848928 and a Short% of Float of 6.800000000000001.

Dividends & Splits

In the trailing 12 months, SCCO’s forward annual dividend rate was 3.761, compared to 2.77 this year. Against a Trailing Annual Dividend Yield of 0.031703617The stock’s 5-year Average Dividend Yield is 4.59.

Earnings Estimates

The stock of Southern Copper Corporation (SCCO) is currently in the spotlight, with 6.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.84 for the current quarter, with a high estimate of $0.98 and a low estimate of $0.7, while EPS last year was $1.04. The consensus estimate for the next quarter is $0.95, with high estimates of $1.14 and low estimates of $0.68.

Analysts are recommending an EPS of between $4.73 and $2.91 for the fiscal current year, implying an average EPS of $4.06. EPS for the following year is $5.28, with 8.0 analysts recommending between $7.43 and $3.91.

Revenue Estimates

4 analysts predict $2.48B in revenue for the current quarter. It ranges from a high estimate of $2.6B to a low estimate of $2.3B. As of the current estimate, Southern Copper Corporation’s year-ago sales were $2.7BFor the next quarter, 4 analysts are estimating revenue of $2.66B. There is a high estimate of $2.78B for the next quarter, whereas the lowest estimate is $2.54B.

A total of 8 analysts have provided revenue estimates for SCCO’s current fiscal year. The highest revenue estimate was $12.25B, while the lowest revenue estimate was $10.43B, resulting in an average revenue estimate of $11.3B. In the same quarter a year ago, actual revenue was $9.9BBased on 9 analysts’ estimates, the company’s revenue will be $12.59B in the next fiscal year. The high estimate is $14.38B and the low estimate is $11.02B.

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