The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Southern Copper Corporation (NYSE: SCCO) closed at $84.42 in the last session, up 11.62% from day before closing price of $75.63. In other words, the price has increased by $11.62 from its previous closing price. On the day, 2.2 million shares were traded. SCCO stock price reached its highest trading level at $85.345 during the session, while it also had its lowest trading level at $74.87.
Ratios:
We take a closer look at SCCO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.80. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 0.76 whereas as Long-Term Debt/Eq ratio is at 0.70.
On December 12, 2024, Morgan Stanley Upgraded its rating to Equal-Weight which previously was Underweight and also lowered its target price recommendation from $106.30 to $102.
JP Morgan Upgraded its Underweight to Neutral on December 02, 2024, while the target price for the stock was maintained at $92.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 13 ’25 when PALOMINO BONILLA LUIS MIGUEL sold 100 shares for $94.00 per share. The transaction valued at 9,400 led to the insider holds 2,813 shares of the business.
PALOMINO BONILLA LUIS MIGUEL sold 101 shares of SCCO for $10,472 on Nov 19 ’24. The Director now owns 2,513 shares after completing the transaction at $103.68 per share. On Sep 26 ’24, another insider, PALOMINO BONILLA LUIS MIGUEL, who serves as the Director of the company, sold 100 shares for $119.50 each. As a result, the insider received 11,950 and left with 2,214 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 67213766656 and an Enterprise Value of 65973678080. As of this moment, Southern’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.85, and their Forward P/E ratio for the next fiscal year is 18.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.88 while its Price-to-Book (P/B) ratio in mrq is 7.33. Its current Enterprise Value per Revenue stands at 5.77 whereas that against EBITDA is 10.266.
Stock Price History:
The Beta on a monthly basis for SCCO is 1.11, which has changed by -0.27019107 over the last 52 weeks, in comparison to a change of 0.049593568 over the same period for the S&P500. Over the past 52 weeks, SCCO has reached a high of $127.34, while it has fallen to a 52-week low of $74.84. The 50-Day Moving Average of the stock is -8.88%, while the 200-Day Moving Average is calculated to be -15.89%.
Shares Statistics:
According to the various share statistics, SCCO traded on average about 1.49M shares per day over the past 3-months and 1804310 shares per day over the past 10 days. A total of 796.18M shares are outstanding, with a floating share count of 87.66M. Insiders hold about 88.99% of the company’s shares, while institutions hold 8.69% stake in the company. Shares short for SCCO as of 1741910400 were 6926916 with a Short Ratio of 4.64, compared to 1739491200 on 5567025. Therefore, it implies a Short% of Shares Outstanding of 6926916 and a Short% of Float of 7.9.
Dividends & Splits
The forward annual dividend rate for SCCO is 2.00, which was 2.072 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.027396537The stock’s 5-year Average Dividend Yield is 4.25. The current Payout Ratio is 47.87% for SCCO, which recently paid a dividend on 2025-02-11 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.
