Factors Likely to Have Influenced Earnings Results Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM)

Earnings results for Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has decreased over the past week from 0.23 to 0.22(4.35%) and decreased over the past month from 0.23 to 0.22(4.35%). Of the 1 analysts making quarterly forecasts, none raised and 0 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1 and decreased over the past month from 1.02 to 1(1.96%). none raised and none lowered their forecast.

Sociedad Quimica y Minera de Chile last posted its earnings results on May 19th, 2020. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by $0.06. The firm had revenue of $392 million for the quarter, compared to the consensus estimate of $480.68 million. Sociedad Quimica y Minera de Chile has generated $1.06 earnings per share over the last year and currently has a price-to-earnings ratio of 35.4. Sociedad Quimica y Minera de Chile has confirmed that its next quarterly earnings report will be published on Wednesday, August 19th, 2020.

Analyst Opinion on Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM)

8 Wall Street analysts have issued ratings and price targets for Sociedad Quimica y Minera de Chile in the last 12 months. Their average twelve-month price target is $24.64, predicting that the stock has a possible downside of 24.25%. The high price target for SQM is $28.00 and the low price target for SQM is $20.00. There are currently 4 sell ratings and 4 hold ratings for the stock, resulting in a consensus rating of “Hold.”

Sociedad Quimica y Minera de Chile has received a consensus rating of Hold. The company’s average rating score is 1.50, and is based on no buy ratings, 4 hold ratings, and 4 sell ratings. According to analysts’ consensus price target of $24.64, Sociedad Quimica y Minera de Chile has a forecasted downside of 24.2% from its current price of $32.53. Sociedad Quimica y Minera de Chile has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM)

Sociedad Quimica y Minera de Chile does not currently pay a dividend. Sociedad Quimica y Minera de Chile does not have a long track record of dividend growth.

Insiders buying/selling: Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM)

In the past three months, Sociedad Quimica y Minera de Chile insiders have not sold or bought any company stock. Only 10.99% of the stock of Sociedad Quimica y Minera de Chile is held by institutions.

Earnings and Valuation of Sociedad Quimica y Minera de Chile Stock Forecast, Price & News (NYSE:SQM

Earnings for Sociedad Quimica y Minera de Chile are expected to grow by 24.00% in the coming year, from $1.00 to $1.24 per share. The P/E ratio of Sociedad Quimica y Minera de Chile is 35.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.32. The P/E ratio of Sociedad Quimica y Minera de Chile is 35.36, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 29.12. Sociedad Quimica y Minera de Chile has a PEG Ratio of 3.27. PEG Ratios above 1 indicate that a company could be overvalued. Sociedad Quimica y Minera de Chile has a P/B Ratio of 4.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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