Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is 9.82% higher on its value in year-to-date trading and has touched a low of $32.24 and a high of $51.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SQM stock was last observed hovering at around $38.37 in the last trading session, with the day’s gains setting it 1.56%.
Currently trading at $39.93, the stock is 2.77% and 3.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing 4.07% at the moment leaves the stock 0.54% off its SMA200. SQM registered -22.36% loss for a year compared to 6-month gain of 2.91%.
The stock witnessed a 2.75% loss in the last 1 month and extending the period to 3 months gives it a 3.82%, and is 0.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.95% over the week and 3.24% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 7682 employees, a market worth around $5.70B and $4.77B in sales. Fwd P/E is 10.47. Profit margin for the company is -6.74%. Distance from 52-week low is 23.85% and -23.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.60%).
with sales reaching $1.07B over the same period.The EPS is expected to grow by 305.38% this year, but quarterly earnings will post 3.42% year-over-year. Quarterly sales are estimated to shrink -1.66% in year-over-year returns.
The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 5.52%.
The top institutional shareholder in the company is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with over 2.43 million shares valued at $98.89 million. The investor’s holdings represent 0.8497 of the SQM Shares outstanding. As of 2024-06-30, the second largest holder is SCHRODER INVESTMENT MANAGEMENT GROUP with 2.22 million shares valued at $90.36 million to account for 0.7764 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.94 million shares representing 0.6792 and valued at over $79.06 million, while LAZARD ASSET MANAGEMENT LLC holds 0.6714 of the shares totaling 1.92 million with a market value of $78.15 million.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM): Who are the competitors?
One of the company’s main competitors (and peers) include Intrepid Potash Inc. (IPI) that is trading 20.61% up over the past 12 months.FMC Corp. (FMC) lies in the list of competitors of the Sociedad Quimica Y Minera de Chile S.A. ADR and is -35.87% lower over the same period from SQMCompass Minerals International Inc. (CMP) is -54.77% down on the 1-year trading charts.
