Breaking Down Sociedad Quimica Y Minera: 7 Analysts Share Their Views

Sociedad Quimica Y Minera SQM underwent analysis by 7 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Sociedad Quimica Y Minera, presenting an average target of $70.21, a high estimate of $84.00, and a low estimate of $54.50. This current average represents a 12.24% decrease from the previous average price target of $80.00.

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Sociedad Quimica Y Minera among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Sociedad Quimica Y Minera. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Sociedad Quimica Y Minera compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Sociedad Quimica Y Minera's stock. This analysis reveals shifts in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Sociedad Quimica Y Minera's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Sociedad Quimica Y Minera analyst ratings.

All You Need to Know About Sociedad Quimica Y Minera

Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.

Breaking Down Sociedad Quimica Y Minera's Financial Performance

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Decline in Revenue: Over the 3 months period, Sociedad Quimica Y Minera faced challenges, resulting in a decline of approximately -37.79% in revenue growth as of 30 September, 2023. This signifies a reduction in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Materials sector.

Net Margin: Sociedad Quimica Y Minera's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 26.05%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Sociedad Quimica Y Minera's ROE stands out, surpassing industry averages. With an impressive ROE of 9.44%, the company demonstrates effective use of equity capital and strong financial performance.

Return on Assets (ROA): Sociedad Quimica Y Minera's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.45% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Sociedad Quimica Y Minera's debt-to-equity ratio stands notably higher than the industry average, reaching 0.7. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Core of Analyst Ratings: What Every Investor Should Know

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.