Sociedad Química y Minera de Chile (SQM) Expected to Announce Quarterly Earnings on Tuesday

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) is expected to announce its earnings results after the market closes on Tuesday, March 4th. Analysts expect the company to announce earnings of $0.52 per share and revenue of $1.01 billion for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Sociedad Química y Minera de Chile Stock Down 4.1 %

Shares of SQM traded down $1.64 during mid-day trading on Friday, reaching $38.36. The company's stock had a trading volume of 1,417,165 shares, compared to its average volume of 1,046,687. The company has a market cap of $10.96 billion, a price-to-earnings ratio of -34.56, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. The business has a fifty day moving average of $38.73 and a 200 day moving average of $38.73. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. Sociedad Química y Minera de Chile has a 1 year low of $32.24 and a 1 year high of $51.90.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. StockNews.com upgraded Sociedad Química y Minera de Chile to a "sell" rating in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Sociedad Química y Minera de Chile from $35.00 to $31.00 and set a "hold" rating on the stock in a research report on Thursday, November 21st. Finally, Scotiabank cut their target price on shares of Sociedad Química y Minera de Chile from $60.00 to $50.00 and set a "sector outperform" rating for the company in a research report on Monday, November 25th. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $45.56.

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Sociedad Química y Minera de Chile Company Profile

Sociedad Química y Minera de Chile SA operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.