For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Southern Copper Corporation (NYSE: SCCO) closed at $90.52 down -3.85% from its previous closing price of $94.14. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 1.78 million shares were traded. SCCO stock price reached its highest trading level at $94.46 during the session, while it also had its lowest trading level at $90.05.
Ratios:
For a deeper understanding of Southern Copper Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.01. For the most recent quarter (mrq), Quick Ratio is recorded 2.31 and its Current Ratio is at 2.77. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.72.
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, Morgan Stanley on December 12, 2024, Upgraded its rating to Equal-Weight and sets its target price to $102 from $106.30 previously.
On December 02, 2024, JP Morgan Upgraded its rating to Neutral which previously was Underweight but kept the price unchanged to $92.50.
On July 12, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $120.UBS initiated its Neutral rating on July 12, 2024, with a $120 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 19 ’24 when PALOMINO BONILLA LUIS MIGUEL sold 101 shares for $103.68 per share. The transaction valued at 10,472 led to the insider holds 2,513 shares of the business.
PALOMINO BONILLA LUIS MIGUEL sold 100 shares of SCCO for $11,950 on Sep 26 ’24. The Director now owns 2,214 shares after completing the transaction at $119.50 per share. On Sep 17 ’24, another insider, PALOMINO BONILLA LUIS MIGUEL, who serves as the Director of the company, sold 100 shares for $100.00 each. As a result, the insider received 10,000 and left with 2,314 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 71548002304 and an Enterprise Value of 75625160704. As of this moment, Southern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.57, and their Forward P/E ratio for the next fiscal year is 18.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.54 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 6.91 whereas that against EBITDA is 12.698.
Stock Price History:
The Beta on a monthly basis for SCCO is 1.14, which has changed by 0.11471903 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, SCCO has reached a high of $128.27, while it has fallen to a 52-week low of $75.72. The 50-Day Moving Average of the stock is -7.16%, while the 200-Day Moving Average is calculated to be -14.68%.
Shares Statistics:
For the past three months, SCCO has traded an average of 865.08K shares per day and 1106950 over the past ten days. A total of 790.41M shares are outstanding, with a floating share count of 87.02M. Insiders hold about 88.99% of the company’s shares, while institutions hold 8.50% stake in the company. Shares short for SCCO as of 1736899200 were 6623234 with a Short Ratio of 7.66, compared to 1734048000 on 6545646. Therefore, it implies a Short% of Shares Outstanding of 6623234 and a Short% of Float of 7.61.
Dividends & Splits
According to the company, the forward annual dividend rate for SCCO is 2.10, from 2.37 in the trailing year. Against a Trailing Annual Dividend Yield of 0.02517527The stock’s 5-year Average Dividend Yield is 4.37. The current Payout Ratio is 127.51% for SCCO, which recently paid a dividend on 2024-11-06 with an ex-dividend date of 1739232000. Stock splits for the company last occurred on 2024-11-06 when the company split stock in a 1006:1000 ratio.
