After finishing at $49.72 in the prior trading day, Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) closed at $51.43, up 3.44%. In other words, the price has increased by $+1.71 from its previous closing price. On the day, 1857673 shares were traded.
Ratios:
Our goal is to gain a better understanding of SQM by taking a closer 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, Deutsche Bank on January 11, 2024, Downgraded its rating to Hold and sets its target price to $52 from $58 previously.
Scotiabank Upgraded its Sector Perform to Sector Outperform on October 26, 2023, while the target price for the stock was maintained at $84.
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 14.69B and an Enterprise Value of 16.82B. As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.30, and their Forward P/E ratio for the next fiscal year is 8.40. 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 2.64. Its current Enterprise Value per Revenue stands at 1.81 whereas that against EBITDA is 3.96.
Stock Price History:
Over the past 52 weeks, SQM has reached a high of $90.82, while it has fallen to a 52-week low of $38.50. The 50-Day Moving Average of the stock is 48.51, while the 200-Day Moving Average is calculated to be 58.91.
Shares Statistics:
The stock has traded on average 1.77M shares per day over the past 3-months and 1.96M shares per day over the last 10 days, according to various share statistics. 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 Feb 15, 2024 were 4.67M with a Short Ratio of 2.64, compared to 5.8M on Jan 12, 2024.
Dividends & Splits
In the trailing 12 months, SQM’s forward annual dividend rate was 0.00, compared to 5.02 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 9.77%. The stock’s 5-year Average Dividend Yield is 5.63. The current Payout Ratio is 54.80% for SQM, which recently paid a dividend on Jan 05, 2024 with an ex-dividend date of Dec 06, 2023. Stock splits for the company last occurred on Apr 27, 2016 when the company split stock in a 1027:1000 ratio.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of $1.4 for the current quarter, with a high estimate of $1.99 and a low estimate of $0.98, while EPS last year was $2.63. The consensus estimate for the next quarter is $1.63, with high estimates of $2.1 and low estimates of $0.92.
Analysts are recommending an EPS of between $8.57 and $2.95 for the fiscal current year, implying an average EPS of $5.35. EPS for the following year is $6.44, with 11 analysts recommending between $9.32 and $2.73.
Revenue Estimates
5 analysts predict $1.33B in revenue for the current quarter. It ranges from a high estimate of $1.54B to a low estimate of $1.11B. 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 -45.90% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.47B, a decrease of -28.40% over than the figure of -$45.90% in the same quarter last year. There is a high estimate of $1.85B for the next quarter, whereas the lowest estimate is $1.19B.
A total of 16 analysts have provided revenue estimates for SQM’s current fiscal year. The highest revenue estimate was $9.96B, while the lowest revenue estimate was $4.45B, resulting in an average revenue estimate of $6.16B. In the same quarter a year ago, actual revenue was $7.47B, down -17.50% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $6.81B in the next fiscal year. The high estimate is $8.74B and the low estimate is $5.02B. The average revenue growth estimate for next year is up 10.50% from the average revenue estimate for this year.
