Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) is -11.94% lower on its value in year-to-date trading and has touched a low of $29.36 and a high of $47.10 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 $30.82 in the last trading session, with the day’s gains setting it 1.2%.
Currently trading at $32.02, the stock is -4.10% and -8.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 3.89% at the moment leaves the stock -16.12% off its SMA200. SQM registered -31.43% loss for a year compared to 6-month loss of -16.74%. The firm has a 50-day simple moving average (SMA 50) of $35.0872 and a 200-day simple moving average (SMA200) of $38.17465.
The stock witnessed a -5.43% gain in the last 1 month and extending the period to 3 months gives it a -19.81%, and is 2.20% 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 3.34% over the week and 2.10% over the month.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) has around 8344 employees, a market worth around $4.57B and $4.48B in sales. Current P/E ratio is 15.18 and Fwd P/E is 9.57. Profit margin for the company is 13.45%. Distance from 52-week low is 9.06% and -32.02% from its 52-week high. The company has generated returns on investments over the last 12 months (6.64%).
The EPS is expected to grow by 263.84% this year
369.0 institutions hold shares in Sociedad Quimica Y Minera de Chile S.A. ADR (SQM), with institutional investors hold 31.57% of the company’s shares. The shares outstanding are 142.82M, and float is at 141.91M with Short Float at 5.79%. Institutions hold 31.40% 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.
