Shedding Light On Growth Forecasts For Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM)

Sell-side analysts are expecting EPS growth of 16.44% for Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) for the year. Analysts are expecting an EPS change of 53.70% for the current year.

Wall Street analysts polled by Thomson Reuters have a current recommendation of 2.40 on a consensus basis for the stock. The same analysts see shares reaching $57.92 within the next year on a consensus basis.Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM)’s stock was -17.21%.  Over the last week of the month, it was 4.98%, -16.43% over the last quarter, and  -10.91% for the past six months.

Over the past 50 days, Sociedad Quimica y Minera de Chile S.A. stock’s -21.21% off of the high and 7.74% removed from the low.  Their 52-Week High and Low are noted here.  -23.44% (High), 51.79%, (Low). 

Price-to-Earnings Ratio is the current share price divided by annual earnings per share.  P/E provides a number that details how many years of earnings it will take a stock to recoup the value of one share at current price levels.  Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively.  Sociedad Quimica y Minera de Chile S.A.’s  P/E ratio is 30.25. 

Projected Earnings Growth (PEG) is a forward looking ratio based on anticipated earnings growth.  PEG is created by dividing P/E by the projected rate of earnings growth.  Sociedad Quimica y Minera de Chile S.A.’s  PEG is 1.44.

Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM)’s RSI (Relative Strength Index) is 47.44.  RSI is a technical indicator of price momentum, comparing the size of recent gains to the size of recent losses and establishes oversold and overbought positions.