Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Stocks Experience Steady decrease to Close at $45.53

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) closed the day trading at $45.53 down -3.02% from the previous closing price of $46.95. On the day, 827826 shares were traded.

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:

As of this moment, Sociedad’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.46, and their Forward P/E ratio for the next fiscal year is 7.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 2.34.

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.

Shares 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 25.68% stake in the company.

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 $4.38. EPS for the following year is $6.12, with 10 analysts recommending between $7.43 and $2.73.

Revenue Estimates

6 analysts predict $1.18B 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 $1.31B, a decrease of -36.00% 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 11 analysts have provided revenue estimates for SQM’s current fiscal year. The highest revenue estimate was $5.95B, while the lowest revenue estimate was $4.85B, resulting in an average revenue estimate of $5.37B. In the same quarter a year ago, actual revenue was $7.47B, down -28.10% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $6.84B in the next fiscal year. The high estimate is $8.61B and the low estimate is $5.65B. The average revenue growth estimate for next year is up 27.40% from the average revenue estimate for this year.

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