Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) has a price-to-earnings ratio of 423.61x that is above its average ratio. Additionally, the 36-month beta value for SQM is 1.07. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 1 rating it as “sell.”
The public float for SQM is 142.79M and currently, short sellers hold a 4.91% ratio of that float. The average trading volume of SQM on November 20, 2024 was 1.03M shares.
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SQM) stock’s latest price update
Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM)’s stock price has increased by 0.87 compared to its previous closing price of 39.14. However, the company has seen a 2.87% increase in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-20 that Highlights SQM reported total revenues for the nine months ended September 30, 2024 of US$3,455.0 million compared to total revenues of US$6,155.9 million for the same period last year. Net loss(1),(2) for the nine months ended September 30, 2024 of (US$524.5) million or (US$1.84) per share, compared to net income(2) of US$1,809.5 million or US$6.33 per share for the same period last year.
SQM’s Market Performance
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has experienced a 2.87% rise in stock performance for the past week, with a -2.78% drop in the past month, and a 5.25% rise in the past quarter. The volatility ratio for the week is 3.24%, and the volatility levels for the past 30 days are at 3.36% for SQM. The simple moving average for the past 20 days is 1.45% for SQM’s stock, with a -6.97% simple moving average for the past 200 days.
Analysts’ Opinion of SQM
Many brokerage firms have already submitted their reports for SQM stocks, with JP Morgan repeating the rating for SQM by listing it as a “Neutral.” The predicted price for SQM in the upcoming period, according to JP Morgan is $44 based on the research report published on October 11, 2024 of the current year 2024.
Berenberg gave a rating of “Hold” to SQM, setting the target price at $35 in the report published on July 31st of the current year.
SQM Trading at -0.30% 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 -38.90% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 3.24%, as shares sank -0.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.87% upper at present.
During the last 5 trading sessions, SQM rose by +2.84%, which changed the moving average for the period of 200-days by -2.59% in comparison to the 20-day moving average, which settled at $38.92. In addition, Sociedad Quimica Y Minera de Chile S.A. ADR saw -34.44% 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:
- 0.31 for the present operating margin
- 0.34 for the gross margin
The net margin for Sociedad Quimica Y Minera de Chile S.A. ADR stands at 0.0. The total capital return value is set at 0.2. Equity return is now at value 0.54, with 0.25 for asset returns.
Based on Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.9. The interest coverage ratio of the stock is 9.13.
Currently, EBITDA for the company is 3.23 billion with net debt to EBITDA at 1.71. When we switch over and look at the enterprise to sales, we see a ratio of 2.57. The receivables turnover for the company is 4.7for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.19.
Conclusion
In conclusion, Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.