7 analysts have shared their evaluations of Sociedad Quimica Y Minera SQM during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 2 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $57.76, a high estimate of $70.00, and a low estimate of $42.00. This current average represents a 6.29% decrease from the previous average price target of $61.64.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Sociedad Quimica Y Minera by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joel Jackson | BMO Capital | Lowers | Outperform | $65.00 | $70.00 |
| Marcio Farid | Goldman Sachs | Lowers | Neutral | $46.50 | $54.50 |
| Corinne Blanchard | Deutsche Bank | Lowers | Hold | $42.00 | $48.00 |
| Alejandro Demichelis | Jefferies | Raises | Buy | $62.80 | $52.00 |
| Ben Isaacson | Scotiabank | Lowers | Sector Outperform | $70.00 | $80.00 |
| Joel Jackson | BMO Capital | Lowers | Outperform | $70.00 | $75.00 |
| Corinne Blanchard | Deutsche Bank | Lowers | Hold | $48.00 | $52.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Sociedad Quimica Y Minera. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Sociedad Quimica Y Minera compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Sociedad Quimica Y Minera's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Sociedad Quimica Y Minera's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Sociedad Quimica Y Minera analyst ratings.
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.
Sociedad Quimica Y Minera: Financial Performance Dissected
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Challenges: Sociedad Quimica Y Minera's revenue growth over 3 months faced difficulties. As of 31 December, 2023, the company experienced a decline of approximately -58.14%. This indicates a decrease in top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 15.49%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Sociedad Quimica Y Minera's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 3.77%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Sociedad Quimica Y Minera's ROA excels beyond industry benchmarks, reaching 1.79%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 0.81, caution is advised due to increased financial risk.
The Significance of Analyst Ratings Explained
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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