Sociedad Quimica y Minera de Chile (NYSE:SQM) Getting Somewhat Favorable Media Coverage, Report Shows

News headlines about Sociedad Quimica y Minera de Chile (NYSE:SQM) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sociedad Quimica y Minera de Chile earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 48.2230677538294 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

Several equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Sociedad Quimica y Minera de Chile from a “sell” rating to a “hold” rating in a report on Wednesday, May 23rd. ValuEngine lowered shares of Sociedad Quimica y Minera de Chile from a “strong-buy” rating to a “buy” rating in a report on Friday, June 15th. UBS Group upgraded shares of Sociedad Quimica y Minera de Chile from an “underperform” rating to a “market perform” rating in a report on Thursday, May 24th. JPMorgan Chase & Co. cut their price objective on shares of Sociedad Quimica y Minera de Chile from $65.00 to $53.00 and set an “overweight” rating on the stock in a report on Wednesday, August 22nd. Finally, BMO Capital Markets boosted their price objective on shares of Sociedad Quimica y Minera de Chile to $50.00 and gave the stock an “underperform” rating in a report on Monday. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $55.00.

Shares of Sociedad Quimica y Minera de Chile stock traded up $0.65 during trading on Friday, reaching $42.61. The company had a trading volume of 1,697,400 shares, compared to its average volume of 1,174,405. The firm has a market cap of $11.20 billion, a PE ratio of 26.28 and a beta of 1.27. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.33 and a current ratio of 3.64. Sociedad Quimica y Minera de Chile has a fifty-two week low of $41.32 and a fifty-two week high of $64.20.

Sociedad Quimica y Minera de Chile (NYSE:SQM) last issued its earnings results on Wednesday, August 22nd. The basic materials company reported $0.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.13. The business had revenue of $638.70 million for the quarter, compared to analyst estimates of $549.92 million. Sociedad Quimica y Minera de Chile had a net margin of 20.56% and a return on equity of 21.19%. equities analysts predict that Sociedad Quimica y Minera de Chile will post 1.88 earnings per share for the current year.

The firm also recently disclosed a semiannual dividend, which will be paid on Monday, September 24th. Investors of record on Thursday, September 6th will be given a dividend of $0.5086 per share. This represents a dividend yield of 2.36%. The ex-dividend date is Wednesday, September 5th. This is an increase from Sociedad Quimica y Minera de Chile’s previous semiannual dividend of $0.42. Sociedad Quimica y Minera de Chile’s dividend payout ratio is currently 67.48%.

About Sociedad Quimica y Minera de Chile

Sociedad Química y Minera de Chile SA produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, industrial chemicals, potassium, and other products and services. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty mixes, and other specialty fertilizers for crops, such as vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands.

Featured Story: Short Selling

Insider Buying and Selling by Quarter for Sociedad Quimica y Minera de Chile (NYSE:SQM)

Receive News & Ratings for Sociedad Quimica y Minera de Chile Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sociedad Quimica y Minera de Chile and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply