Southern Copper Corporation (SCCO) shares projected to rise by -40.69%

Southern Copper Corporation [SCCO] stock is trading at $87.67, up 3.59%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SCCO shares have gain 10.42% over the last week, with a monthly amount drifted -8.80%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Southern Copper Corporation [NYSE: SCCO] stock has seen the most recent analyst activity on March 13, 2025, when UBS upgraded its rating to a Buy but kept the price target unchanged to $120 for it. Previously, Morgan Stanley upgraded its rating to Equal-Weight on December 12, 2024, and dropped its price target to $102. On December 02, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $92.50 on the stock. UBS started tracking the stock assigning a Neutral rating and suggested a price target of $120 on July 12, 2024. HSBC Securities downgraded its rating to a Reduce but $80 remained the price target by the analyst firm on April 22, 2024. Jefferies upgraded its rating to Buy for this stock on March 22, 2024, and upped its price target to $130. In a note dated November 27, 2023, Morgan Stanley downgraded an Underweight rating on this stock and revised its target price from $83 to $68.

Southern Copper Corporation [SCCO] stock has fluctuated between $74.84 and $127.34 over the past year. Currently, Wall Street analysts expect the stock to reach $52 within the next 12 months. Southern Copper Corporation [NYSE: SCCO] shares were valued at $87.67 at the most recent close of the market. An investor can expect a potential drop of -40.69% based on the average SCCO price forecast.

Analyzing the SCCO fundamentals

Southern Copper Corporation [NYSE:SCCO] reported sales of 11.43B for the trailing twelve months, which represents a growth of 21.29%. Gross Profit Margin for this corporation currently stands at 0.5% with Operating Profit Margin at 0.49%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.18, Equity is 0.4 and Total Capital is 0.34. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 85.80 points at the first support level, and at 83.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 89.18, and for the 2nd resistance point, it is at 90.69.

Ratios To Look Out For

For context, Southern Copper Corporation’s Current Ratio is 2.75. In addition, the Quick Ratio stands at 2.28 and the Cash Ratio stands at 1.46. Considering the valuation of this stock, the price to sales ratio is 6.11, the price to book ratio is 7.61 and price to earnings (TTM) ratio is 20.61.

Transactions by insiders

Recent insider trading involved PALOMINO BONILLA LUIS MIGUEL, Director, that happened on Feb 13 ’25 when 100.0 shares were sold. Director, PALOMINO BONILLA LUIS MIGUEL completed a deal on Nov 19 ’24 to sell 101.0 shares. Meanwhile, Director PALOMINO BONILLA LUIS MIGUEL sold 100.0 shares on Sep 26 ’24.

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