During the last session, Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE:SQM)’s traded shares were 0.85 million, with the beta value of the company hitting 1.13. At the end of the trading day, the stock’s price was $44.14, reflecting an intraday gain of 1.45% or $0.63. The 52-week high for the SQM share is $81.50, that puts it down -84.64 from that peak though still a striking 12.78% gain since the share price plummeted to a 52-week low of $38.50. The company’s market capitalization is $6.30B, and the average trade volume was 1.40 million shares over the past three months.
Sociedad Quimica Y Minera de Chile S.A. ADR (NYSE:SQM) trade information
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) registered a 1.45% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.45% in intraday trading to $44.14, hitting a weekly high. The stock’s 5-day price performance is -1.89%, and it has moved by -8.97% in 30 days. Based on these gigs, the overall price performance for the year is -31.62%.
Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) estimates and forecasts
Statistics show that Sociedad Quimica Y Minera de Chile S.A. ADR has underperformed its competitors in share price, compared to the industry in which it operates. Sociedad Quimica Y Minera de Chile S.A. ADR (SQM) shares have gone down -13.28% during the last six months, with a year-to-date growth rate less than the industry average at -40.71% against -18.00. In the rating firms’ projections, revenue will decrease -29.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.13B as predicted by 8 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 1.25B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.46B and 2.05B respectively. In this case, analysts expect current quarter sales to shrink by -54.00% and then drop by -39.10% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 33.74%. While earnings are projected to return -34.43% in 2024, the next five years will return -13.60% per annum.
SQM Dividends
Sociedad Quimica Y Minera de Chile S.A. ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Sociedad Quimica Y Minera de Chile S.A. ADR is 5.02, with the dividend yield indicating at 11.38 percent, continuing the trend of increasing dividends in recent years.
