What is Scotiabank's Estimate for SQM FY2025 Earnings?

Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) - Equities researchers at Scotiabank reduced their FY2025 earnings per share estimates for Sociedad Química y Minera de Chile in a note issued to investors on Monday, March 10th. Scotiabank analyst B. Isaacson now anticipates that the basic materials company will earn $2.78 per share for the year, down from their previous forecast of $3.92. Scotiabank currently has a "Sector Outperform" rating and a $50.00 target price on the stock. The consensus estimate for Sociedad Química y Minera de Chile's current full-year earnings is ($1.31) per share. Scotiabank also issued estimates for Sociedad Química y Minera de Chile's FY2026 earnings at $4.49 EPS.

SQM has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Sociedad Química y Minera de Chile from $35.00 to $31.00 and set a "hold" rating for the company in a research note on Thursday, November 21st. StockNews.com upgraded Sociedad Química y Minera de Chile to a "sell" rating in a research report on Thursday, November 21st. Two equities 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 MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $45.56.

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Sociedad Química y Minera de Chile Trading Up 2.0 %

Sociedad Química y Minera de Chile stock opened at $42.67 on Wednesday. The firm has a 50-day moving average price of $39.24 and a two-hundred day moving average price of $38.94. The firm has a market capitalization of $12.19 billion, a price-to-earnings ratio of -38.44, a PEG ratio of 5.00 and a beta of 1.08. 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 52-week low of $32.24 and a 52-week high of $51.90.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last posted its quarterly earnings data on Tuesday, March 4th. The basic materials company reported $0.42 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by ($0.10). The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.01 billion. Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%.

Institutional Trading of Sociedad Química y Minera de Chile

Large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio bought a new position in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at approximately $1,413,000. White Knight Strategic Wealth Advisors LLC increased its holdings in shares of Sociedad Química y Minera de Chile by 86.5% in the 4th quarter. White Knight Strategic Wealth Advisors LLC now owns 34,244 shares of the basic materials company's stock worth $1,245,000 after buying an additional 15,879 shares during the last quarter. Woodline Partners LP bought a new position in Sociedad Química y Minera de Chile during the fourth quarter valued at $7,314,000. Vident Advisory LLC bought a new position in Sociedad Química y Minera de Chile in the 4th quarter valued at $239,000. Finally, Two Sigma Investments LP bought a new stake in shares of Sociedad Química y Minera de Chile during the fourth quarter valued at approximately $843,000. Institutional investors own 12.41% of the company's stock.

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.

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