Sociedad Quimica y Minera de Chile (SQM) Announces Quarterly Results
Sociedad Quimica y Minera de Chile (NYSE:SQM) issued its quarterly earnings data on Thursday. The company reported $0.27 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.39 by $0.12, ARN reports.
Shares of Sociedad Quimica y Minera de Chile (NYSE:SQM) opened at 27.71 on Thursday. Sociedad Quimica y Minera de Chile has a one year low of $22.50 and a one year high of $36.25. The stock has a 50-day moving average of $28.36 and a 200-day moving average of $29.71. The company has a market cap of $7.293 billion and a price-to-earnings ratio of 18.69.
On the ratings front, analysts at JPMorgan Chase & Co. downgraded shares of Sociedad Quimica y Minera de Chile from an “overweight” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $30.00 price target on the stock, down previously from $37.00. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $30.25.
Sociedad Quimica y Minera de Chile SA (NYSE:SQM) is a Chile-based company engaged in the production of specialty plant nutrients and chemicals commodities.
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