The financial health and growth prospects of SQM, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Is SQM stock a good buy?
SQM currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.
Is SQM overvalued?
SQM has a trailing twelve month Price to Earnings (PE) ratio of 43.3 which places it above the histroical average of roughly 15.SQM has a 12 month forward PE to Growth (PEG) ratio of 0.72. Markets are overvaluing SQM in relation to its projected growth as its PEG ratio is currently above the fair market value of 1.
What company is SQM?
Sociedad Quimica y Minera de Chile
About Sociedad Quimica y Minera de Chile (ADR)
Sociedad Quimica y Minera de Chile S.A. (SQM), is a producer of potassium nitrate and iodine. The Company produces specialty plant nutrients, iodine derivatives, lithium and its derivatives, potassium chloride, potassium sulfate and certain industrial chemicals.
Is FMC a buy?
Out of 11 analysts, 5 (45.45%) are recommending FMC as a Strong Buy, 1 (9.09%) are recommending FMC as a Buy, 5 (45.45%) are recommending FMC as a Hold, 0 (0%) are recommending FMC as a Sell, and 0 (0%) are recommending FMC as a Strong Sell. What is FMC’s earnings growth forecast for 2022-2024?
Is SQM a buy Zacks?
It is used to help gauge a company’s financial health.
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 25.37% |
| 2 | Buy | 18.89% |
| 3 | Hold | 10.41% |
| 4 | Sell | 6.06% |
Will Lac go up?
Will Lithium Americas stock price grow / rise / go up? Yes. The LAC stock price can go up from 23.850 USD to 42.106 USD in one year.
Who owns SQM lithium?
SQM CEO Ricardo Ramos had said in November that the goal was to hit production capacity of 180,000 tonnes of lithium in 2022 and reiterated that forecast on Wednesday, saying expansions to hit the goal would be “completed in the coming months.”
Who owns SQM stock?
Top 10 Owners of Sociedad Quimica y Minera de Chile SA
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| Banco BTG Pactual SA (Investment | 1.05% | +1,503,369 |
| SSgA Funds Management, Inc. | 1.03% | +58,149 |
| EARNEST Partners LLC | 1.01% | -37,194 |
| Candriam Belgium SA | 1.01% | +100,533 |
What does Sociedad Quimica do?
Sociedad Química y Minera de Chile (SQM) is a Chilean chemical company and a supplier of plant nutrients, iodine, lithium and industrial chemicals. It is the world’s biggest lithium producer.
Why is FMC stock down?
COMPANY NEWS;STOCK FALLS AFTER FMC SAYS EARNINGS WILL DROP
FMC, which is based in Chicago, attributed the lower earnings to higher costs for raw material and interest, as well as expenses related to expansion and other capital projects.
Is LAC a strong buy?
Many investors prefer EV to just Market Cap as a better way to determine the value of a company.
Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 25.37% |
| 2 | Buy | 18.89% |
| 3 | Hold | 10.41% |
| 4 | Sell | 6.06% |
Should I sell my LAC stock?
Lithium Americas Corp(LAC-T) Rating
Stockchase rating for Lithium Americas Corp is calculated according to the stock experts’ signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.
What is the target price for LAC?
Stock Price Target LAC
| High | $44.00 |
|---|---|
| Median | $39.00 |
| Low | $23.55 |
| Average | $37.73 |
| Current Price | $31.57 |
What is the best lithium stock?
The Lithium & Battery Tech ETF: Top 10 stock holdings
| Holding No. | Company | 1-Year / 5-Year Returns |
|---|---|---|
| 1 | Albemarle (NYSE:ALB) | 29.2% / 167% |
| 2 | Tesla | 24.2% / 2,110% |
| 3 | TDK (OTC:TTDKY) | (28.8%) / 85.6% |
| 4 | EVE Energy* | 26% / 611% |
Does SQM produce lithium?
SQM produces lithium carbonate in its Salar del Carmen plant, close to Antofagasta, Chile, from solutions with high lithium concentrations extracted from the Salar de Atacama.
What companies mine for lithium?
23, 2021.
- Albemarle. Mining and chemical producer Albemarle is leading the charge in global lithium output.
- Ganfeng Lithium. On the other side of the Pacific, Ganfeng Lithium dominates as China’s largest producer of base materials for battery manufacturing.
- Sociedad Quimica y Minera de Chile.
- Livent.
- Lithium Americas.
Who is SQM lithium?
SQM, one of the world’s leading world-class lithium producers, headquartered in the Salar de Atacama in Chile, joined the Race To Zero program as part of its Science-Based Targeting Initiative (SBTi). ) of the “Business Ambition for 1,5 ° C” campaign.
Who owns Sociedad Química y Minera?
Sociedad Química y Minera de Chile is not owned by hedge funds. Tianqi Lithium Corporation is currently the largest shareholder, with 49% of shares outstanding. In comparison, the second and third largest shareholders hold about 3.8% and 2.0% of the stock.
Where is lithium found?
Where is lithium available from? With 8 million tons, Chile has the world’s largest known lithium reserves. This puts the South American country ahead of Australia (2.7 million tons), Argentina (2 million tons) and China (1 million tons). Within Europe, Portugal has smaller quantities of the valuable raw material.
Is FMC still in business?
FMC Technologies was an American company that produced equipment for exploration and production of hydrocarbons. FMC Technologies was incorporated in 2000 when FMC Corporation divested its machinery businesses. It exists today as a part of TechnipFMC, after a merge with Technip in 2017.
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