Scotiabank Has Pessimistic Outlook of SQM FY2025 Earnings

Sociedad Química y Minera de Chile S.A. (NYSE:SQM) – Scotiabank decreased their FY2025 earnings per share (EPS) estimates for shares of Sociedad Química y Minera de Chile in a research report issued to clients and 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 prior forecast of $3.92. Scotiabank has a “Sector Outperform” rating and a $50.00 price objective 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.

Sociedad Química y Minera de Chile (NYSE:SQM) last released its quarterly earnings results 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). Sociedad Química y Minera de Chile had a positive return on equity of 16.12% and a negative net margin of 6.74%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.01 billion.

A number of other equities analysts also recently weighed in on the company. Deutsche Bank Aktiengesellschaft reduced their price target on Sociedad Química y Minera de Chile from $35.00 to $31.00 and set a “hold” rating for the company in a research report on Thursday, November 21st. StockNews.com upgraded Sociedad Química y Minera de Chile to a “sell” rating in a research note on Thursday, November 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, Sociedad Química y Minera de Chile has an average rating of “Hold” and an average price target of $45.56.

Sociedad Química y Minera de Chile Trading Down 3.2 %

NYSE:SQM opened at $41.35 on Wednesday. Sociedad Química y Minera de Chile has a twelve month low of $32.24 and a twelve month high of $51.90. The company has a quick ratio of 2.05, a current ratio of 2.94 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average price of $39.34 and a two-hundred day moving average price of $38.96. The company has a market cap of $11.81 billion, a P/E ratio of -37.25, a price-to-earnings-growth ratio of 5.00 and a beta of 1.08.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Saturna Capital Corp increased its position in Sociedad Química y Minera de Chile by 0.8% during the 3rd quarter. Saturna Capital Corp now owns 49,407 shares of the basic materials company’s stock worth $2,059,000 after buying an additional 407 shares during the period. Rakuten Securities Inc. increased its position in Sociedad Química y Minera de Chile by 11.2% during the 4th quarter. Rakuten Securities Inc. now owns 4,119 shares of the basic materials company’s stock worth $150,000 after buying an additional 415 shares during the period. Vontobel Holding Ltd. increased its position in Sociedad Química y Minera de Chile by 1.1% during the 4th quarter. Vontobel Holding Ltd. now owns 40,589 shares of the basic materials company’s stock worth $1,476,000 after buying an additional 452 shares during the period. Signaturefd LLC increased its position in Sociedad Química y Minera de Chile by 18.1% during the 4th quarter. Signaturefd LLC now owns 2,953 shares of the basic materials company’s stock worth $107,000 after buying an additional 453 shares during the period. Finally, Sigma Planning Corp increased its position in Sociedad Química y Minera de Chile by 4.7% during the 4th quarter. Sigma Planning Corp now owns 13,011 shares of the basic materials company’s stock worth $473,000 after buying an additional 581 shares during the period. Institutional investors own 12.41% of the company’s stock.

About Sociedad Química y Minera de Chile

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.