Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) is expecting -8.91% growth in the next quarter: What can investors do to maximize their returns?

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) kicked off on Tuesday, up 0.65% from the previous trading day, before settling in for the closing price of $38.17. Over the past 52 weeks, SQM has traded in a range of $32.24-$64.62.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Basic Materials Sector giant saw their annual sales surged by 56.14% over the last five years. While this was happening, its average annual earnings per share was recorded -111.84%. With a float of $142.79 million, this company’s outstanding shares have now reached $142.82 million.

The firm has a total of 7682 workers. Let’s measure their productivity. In terms of profitability, gross margin is 34.35%, operating margin of 30.92%, and the pretax margin is 28.04%.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Sociedad Quimica Y Minera de Chile S.A. ADR is 0.02%, while institutional ownership is 20.95%.

Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.68 earnings per share (EPS), lower than consensus estimate (set at 2.11) by -0.43. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -111.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -13.60% during the next five years compared to 33.74% growth over the previous five years of trading.

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) Trading Performance Indicators

Take a look at Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) current performance indicators. Last quarter, stock had a quick ratio of 1.47. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 4.66 in one year’s time.

Technical Analysis of Sociedad Quimica Y Minera de Chile S.A. ADR (SQM)

Analysing the last 5-days average volume posted by the [Sociedad Quimica Y Minera de Chile S.A. ADR, SQM], we can find that recorded value of 1.25 million was better than the volume posted last year of 1.21 million. As of the previous 9 days, the stock’s Stochastic %D was 84.58%. Additionally, its Average True Range was 1.43.

During the past 100 days, Sociedad Quimica Y Minera de Chile S.A. ADR’s (SQM) raw stochastic average was set at 33.42%, which indicates a significant decrease from 76.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.03% in the past 14 days, which was higher than the 41.63% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.80, while its 200-day Moving Average is $45.15. Now, the first resistance to watch is $38.76. This is followed by the second major resistance level at $39.10. The third major resistance level sits at $39.45. If the price goes on to break the first support level at $38.07, it is likely to go to the next support level at $37.72. Should the price break the second support level, the third support level stands at $37.38.

Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE: SQM) Key Stats

The company with the Market Capitalisation of 5.49 billion has total of 285,638K Shares Outstanding. Its annual sales at the moment are 7,467 M in contrast with the sum of 923,190 K annual income. Company’s last quarter sales were recorded 2,378 M and last quarter income was 433,560 K.