Taking the lead: Sociedad Quimica Y Minera de Chile S.A. ADR (SQM)

With 0.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.4 million shares. During the session, the Specialty Chemicals company that operates in wider Basic Materials sector, reached to the highest price of $44.65 whereas the lowest price it dropped to was $43.63. The 52-week range on SQM shows that it touched its highest point at $81.50 and its lowest point at $38.50 during that stretch. It currently has a 1-year price target of $64.44. With its current market cap of 6.30 billion, SQM has annualized dividend of $5.02 while the current yield stands at 11.38%. Beta for the stock currently stands at 1.13.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SQM was down-trending over the past week, with a drop of -1.89%, but this was down by -8.97% over a month. Three-month performance dropped to -6.01% while six-month performance fell -13.28%. The stock lost -31.62% in the past year, while it has lost -26.70% so far this year. A look at the trailing 12-month EPS for SQM yields 7.05 with Next year EPS estimates of 6.14. For the next quarter, that number is 0.58. This implies an EPS growth rate of -34.43% for this year and 32.87% for next year. EPS is expected to decline by -13.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 33.74%.

Float and Shares Shorts:

At present, 142.82 million SQM shares are outstanding with a float of 142.79 million shares on hand for trading. On 2024-04-15, short shares totaled 4.53 million, which was 159.0 higher than short shares on 1710460800. In addition to Mr. Ricardo Ramos Rodríguez as the firm’s Chief Executive Officer, Mr. Gerardo Illanes G. serves as its CFO & VP of Finance.

Institutional Ownership:

Through their ownership of 0.27319 of SQM’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, SQM reported revenue of $1311639000.0 and operating income of $328226000.0. The EBITDA in the recently reported quarter was $357973000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SQM since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.