Sociedad Quimica y Minera de Chile S.A. [SQM] shares are up more than 90.86% this year and recently increased 0.01% or $0.52 to settle at $45.91. Analysts expect SQM to grow earnings at a 16.70% annual rate over the next 5 years. SQM has a short ratio of 3.84. This implies that the market is currently less bullish on the outlook for SQM.

On 22, April 2020, SQM Files Its Annual Report On Form 20-F For The Year 2019. According to news published on Yahoo Finance, Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) announced today that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2019, with the U.S. Securities and Exchange Commission (the “SEC”).

Analyst Birdseye View:

The most recent analyst activity for Sociedad Quimica y Minera de Chile S.A. [NYSE:SQM] stock was on May 21, 2020, when it was Downgrade with a Sector underperform rating from Scotiabank, which also lowered its 12-month price target on the stock from $24 to $20. On March 31, 2020, BofA/Merrill Downgrade an Underperform rating. On January 22, 2020, HSBC Securities Downgrade a Reduce rating. On August 22, 2019, JP Morgan Downgrade an Underweight rating. On July 12, 2019, Morgan Stanley Upgrade an Equal-weight rating. On May 24, 2019, BMO Capital Markets Downgrade a Market perform rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $15.04 and a peak of $45.69. Right now, according to Wall Street analyst the average 12-month amount target is $32.12. At the most recent market close, shares of Sociedad Quimica y Minera de Chile S.A. [NYSE:SQM] were valued at $45.91. According to the average price forecast, investors can expect a potential return of 2.14%.

FUNDAMENTAL ANALYSIS

Sociedad Quimica y Minera de Chile S.A. [NYSE:SQM] most recently reported quarterly sales of 377.07 billion, which represented growth of -7.20%. This publicly-traded organization’s revenue is $238,146,664 per employee, while its income is $34,076,088 per employee. This company’s Gross Margin is currently 28.30%, its Operating Margin is 21.50%, its Pretax Margin is +19.59, and its Net Margin is +14.31. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.85, 12.97, 11.23 and 7.70 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 46.56 and the whole liability to whole assets at 37.69. It shows enduring liability to the whole principal at 38.91 and enduring liability to assets at 0.31 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 44.61 points at 1st support level, the second support level is making up to 43.82. But as of 1st resistance point, this stock is sitting at 45.84 and at 46.28 for 2nd resistance point.

Sociedad Quimica y Minera de Chile S.A. [SQM] reported its earnings at $0.17 per share in the fiscal quarter closing of 3/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.24/share signifying the difference of -0.07 and -29.20% surprise value. Comparing the previous quarter ending of 12/30/2019, the stated earnings were $0.25 calling estimates for $0.25/share with the difference of 0 depicting the surprise of 0.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Sociedad Quimica y Minera de Chile S.A. [NYSE:SQM] is 4.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.41. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.87, it’s amount to book ratio is 3.37 and showing 53.53 of P/E (TTM) ratio.