At the time of writing, Sociedad Quimica Y Minera de Chile S.A. ADR [SQM] stock is trading at $43.65, up 0.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The SQM shares have gain 5.26% over the last week, with a monthly amount drifted -3.17%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JP Morgan downgraded its rating to Neutral on October 11, 2024, and dropped its price target to $44. On August 09, 2024, upgrade upgraded it’s rating to Buy. Berenberg started tracking the stock assigning a Hold rating and suggested a price target of $35 on July 31, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $62.80 on April 08, 2024. Deutsche Bank downgraded its rating to Hold for this stock on January 11, 2024, and downed its price target to $52. In a note dated December 15, 2023, Goldman upgraded a Neutral rating on this stock.
For the past year, the stock price of Sociedad Quimica Y Minera de Chile S.A. ADR fluctuated between $29.36 and $47.51. Currently, Wall Street analysts expect the stock to reach $45.75 within the next 12 months. Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE: SQM] shares were valued at $43.65 at the most recent close of the market. An investor can expect a potential return of 4.81% based on the average SQM price forecast.
Analyzing the SQM fundamentals
According to Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE:SQM], the company’s sales were 4.23B for trailing twelve months, which represents an -18.34% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE:SQM] has a current ratio of 2.92. On the other hand, the Quick Ratio is 1.93, and the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 2.33 and price to earnings (TTM) ratio is 26.09.
