Sociedad Quimica Y Minera de Chile S.A. ADR [SQM] stock is trading at $44.46, up 1.69%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SQM shares have gain 3.11% over the last week, with a monthly amount drifted -2.65%, 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.
Sociedad Quimica Y Minera de Chile S.A. ADR [SQM] stock has fluctuated between $29.36 and $47.51 over the past year. 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 $44.46 at the most recent close of the market. An investor can expect a potential return of 2.9% based on the average SQM price forecast.
Analyzing the SQM fundamentals
Sociedad Quimica Y Minera de Chile S.A. ADR [NYSE:SQM] reported sales of 4.23B for the trailing twelve months, which represents a drop of -18.34%. 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. The company’s stock is currently sitting at 43.35 points at the first support level, and at 42.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.45, and for the 2nd resistance point, it is at 46.44.
Ratios To Look Out For
For context, Sociedad Quimica Y Minera de Chile S.A. ADR’s Current Ratio is 2.92. As well, the Quick Ratio is 1.93, while the Cash Ratio is 0.83. Considering the valuation of this stock, the price to sales ratio is 1.50, the price to book ratio is 2.37 and price to earnings (TTM) ratio is 26.58.
