With 0.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.21 million shares. The 52-week range on SQM shows that it touched its highest point at $50.73 and its lowest point at $31.27 during that stretch. It currently has a 1-year price target of $50.22. With its current market cap of 4.83 billion, SQM has annualized dividend of $0.22 while the current yield stands at 0.65%. Beta for the stock currently stands at 1.14.
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 -3.18%, but this was down by -7.67% over a month. Three-month performance dropped to -15.38% while six-month performance fell -11.83%. The stock lost -27.52% in the past year, while it has lost -6.90% so far this year. A look at the trailing 12-month EPS for SQM yields -1.42 with Next year EPS estimates of 3.69. For the next quarter, that number is 0.59. This implies an EPS growth rate of 284.23% for this year and 40.99% for next year.
Float and Shares Shorts:
At present, 142.82 million SQM shares are outstanding with a float of 141.91 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SQM since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.20581 being high and -$1.42224 being low. For SQM, this leads to a yearly average estimate of -$1.3501. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.66. The average estimate for the next quarter is thus $0.74.
