Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) closed the day trading at $51.15 down -0.81% from the previous closing price of $51.57. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 1206409 shares were traded. SQM stock price reached its highest trading level at $51.49 during the session, while it also had its lowest trading level at $49.78.
Ratios:
For a better understanding of SQM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.74 and its Current Ratio is at 2.50. In the meantime, Its Debt-to-Equity ratio is 0.82 whereas as Long-Term Debt/Eq ratio is at 0.59.
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, Jefferies on April 08, 2024, Upgraded its rating to Buy and sets its target price to $62.80 from $52 previously.
On January 11, 2024, Deutsche Bank Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $58 to $52.
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 14.73B and an Enterprise Value of 16.86B. As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.26, and their Forward P/E ratio for the next fiscal year is 7.79. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 2.63. Its current Enterprise Value per Revenue stands at 2.26 whereas that against EBITDA is 5.74.
Stock Price History:
Over the past 52 weeks, SQM has reached a high of $83.67, while it has fallen to a 52-week low of $38.50. The 50-Day Moving Average of the stock is 45.96, while the 200-Day Moving Average is calculated to be 56.00.
Shares Statistics:
Over the past 3-months, SQM traded about 1.49M shares per day on average, while over the past 10 days, SQM traded about 1.03M shares per day. A total of 142.82M shares are outstanding, with a floating share count of 142.79M. Insiders hold about 0.02% of the company’s shares, while institutions hold 25.59% stake in the company. Shares short for SQM as of Mar 28, 2024 were 3.96M with a Short Ratio of 2.66, compared to 4.88M on Feb 29, 2024.
Dividends & Splits
SQM’s forward annual dividend rate is 5.02, up from 0.00 a year ago. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 9.82%. The stock’s 5-year Average Dividend Yield is 5.71.
Earnings Estimates
Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of $0.87 for the current quarter, with a high estimate of $1.12 and a low estimate of $0.59, while EPS last year was $2.63. The consensus estimate for the next quarter is $1.06, with high estimates of $1.48 and low estimates of $0.75.
Analysts are recommending an EPS of between $5.92 and $3.59 for the fiscal current year, implying an average EPS of $4.39. EPS for the following year is $6.2, with 8 analysts recommending between $7.43 and $2.73.
Revenue Estimates
6 analysts predict $1.19B in revenue for the current quarter. It ranges from a high estimate of $1.46B to a low estimate of $1.06B. As of the current estimate, Sociedad Quimica Y Minera de Chile S.A. ADR’s year-ago sales were $2.46B, an estimated decrease of -51.80% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.29B, a decrease of -37.00% over than the figure of -$51.80% in the same quarter last year. There is a high estimate of $1.37B for the next quarter, whereas the lowest estimate is $1.19B.
A total of 10 analysts have provided revenue estimates for SQM’s current fiscal year. The highest revenue estimate was $5.95B, while the lowest revenue estimate was $4.86B, resulting in an average revenue estimate of $5.38B. In the same quarter a year ago, actual revenue was $7.47B, down -28.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $7.08B in the next fiscal year. The high estimate is $8.61B and the low estimate is $5.74B. The average revenue growth estimate for next year is up 31.70% from the average revenue estimate for this year.
