Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) went down by -0.67% from its latest closing price compared to the recent 1-year high of $60.74. The company’s stock price has collected 4.84% of gains in the last five trading sessions. Press Release reported on 05/19/21 that SQM Reports Earnings for the Three Months Ended March 31, 2021
Is It Worth Investing in Sociedad Quimica y Minera de Chile S.A. (NYSE :SQM) Right Now?
Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) scored a price-to-earnings ratio above its average ratio, recording 66.36 x from its present earnings ratio. Plus, the 36-month beta value for SQM is at 0.84. Opinions of the stock are interesting as 5 analysts out of 10 who provided ratings for Sociedad Quimica y Minera de Chile S.A. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $54.54, which is $6.41 above the current price. SQM currently public float of 113.80M and currently shorts hold a 1.19% ratio of that float. Today, the average trading volume of SQM was 1.26M shares.
SQM’s Market Performance
SQM stocks went up by 4.84% for the week, with a monthly drop of -11.35% and a quarterly performance of -18.13%, while its annual performance rate touched 65.78%. The volatility ratio for the week stands at 3.16% while the volatility levels for the past 30 days are set at 4.27% for Sociedad Quimica y Minera de Chile S.A.. The simple moving average for the period of the last 20 days is 4.18% for SQM stocks with a simple moving average of 1.49% for the last 200 days.
Analysts’ Opinion of SQM
BofA Securities, on the other hand, stated in their research note that they expect to see SQM reach a price target of $38. The rating they have provided for SQM stocks is “Underperform” according to the report published on May 06th, 2021.
Deutsche Bank gave a rating of “Buy” to SQM, setting the target price at $70 in the report published on February 16th of the current year.
SQM Trading at -6.19% from the 50-Day Moving Average
After a stumble in the market that brought SQM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.21% of loss for the given period.
Volatility was left at 4.27%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -8.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.48% lower at present.
During the last 5 trading sessions, SQM rose by +4.84%, which changed the moving average for the period of 200-days by +44.89% in comparison to the 20-day moving average, which settled at $45.14. In addition, Sociedad Quimica y Minera de Chile S.A. saw -3.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SQM
Current profitability levels for the company are sitting at:
- +16.90 for the present operating margin
- +26.28 for the gross margin
The net margin for Sociedad Quimica y Minera de Chile S.A. stands at +9.05. The total capital return value is set at 8.20, while invested capital returns managed to touch 4.66. Equity return is now at value 8.90, with 3.90 for asset returns.
Based on Sociedad Quimica y Minera de Chile S.A. (SQM), the company’s capital structure generated 94.18 points at debt to equity in total, while total debt to capital is 48.50. Total debt to assets is 40.15, with long-term debt to equity ratio resting at 90.67. Finally, the long-term debt to capital ratio is 46.69.
When we switch over and look at the enterprise to sales, we see a ratio of 6.91, with the company’s debt to enterprise value settled at 0.14. The receivables turnover for the company is 3.68 and the total asset turnover is 0.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.40.