Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -0.25% lower on its value in year-to-date trading and has touched a low of $29.36 and a high of $45.89 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SQM stock was last observed hovering at around $41.15 in the last trading session, with the day’s loss setting it -1.6%.
Currently trading at $39.55, the stock is 5.98% and 13.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.3 million and changing -3.89% at the moment leaves the stock 4.70% off its SMA200. SQM registered 8.77% gain for a year compared to 6-month loss of -0.75%. The firm has a 50-day simple moving average (SMA 50) of $34.8324 and a 200-day simple moving average (SMA200) of $37.77355.
The stock witnessed a 20.18% gain in the last 1 month and extending the period to 3 months gives it a 12.04%, and is 9.10% 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 5.58% over the week and 4.60% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 8344 employees, a market worth around $5.65B and $4.46B in sales. Current P/E ratio is 18.81 and Fwd P/E is 12.48. Profit margin for the company is 13.46%. Distance from 52-week low is 34.71% and -13.82% from its 52-week high. The company has generated returns on investments over the last 12 months (6.62%).
The EPS is expected to grow by 265.87% this year
358.0 institutions hold shares in Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), with institutional investors hold 31.37% of the company’s shares. The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 6.55%. Institutions hold 31.20% of the Float.
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 0.6793 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.
