Q2 Earnings Forecast for SQM Issued By Scotiabank

Sociedad Química y Minera de Chile S.A. (NYSE:SQM - Free Report) - Equities researchers at Scotiabank issued their Q2 2025 earnings per share (EPS) estimates for shares of Sociedad Química y Minera de Chile in a research report issued to clients and investors on Thursday, May 29th. Scotiabank analyst B. Isaacson forecasts that the basic materials company will post earnings per share of $0.56 for the quarter. Scotiabank currently has a "Sector Outperform" rating and a $45.00 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 FY2025 earnings at $2.63 EPS.

Separately, BMO Capital Markets decreased their price objective on Sociedad Química y Minera de Chile from $55.00 to $45.00 and set an "outperform" rating on the stock in a report on Thursday, May 29th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $41.86.

Sociedad Química y Minera de Chile Stock Up 2.0%

Shares of NYSE SQM traded up $0.61 during mid-day trading on Friday, reaching $30.64. 352,768 shares of the company traded hands, compared to its average volume of 1,068,700. The stock has a market cap of $8.75 billion, a PE ratio of -27.60, a price-to-earnings-growth ratio of 5.00 and a beta of 1.11. The company's fifty day moving average is $34.85 and its two-hundred day moving average is $37.82. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.05 and a current ratio of 2.94. Sociedad Química y Minera de Chile has a fifty-two week low of $29.35 and a fifty-two week high of $47.60.

Sociedad Química y Minera de Chile (NYSE:SQM - Get Free Report) last issued its quarterly earnings data on Wednesday, May 28th. The basic materials company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.63 by ($0.15). The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. Sociedad Química y Minera de Chile had a negative net margin of 6.74% and a positive return on equity of 16.12%. The business's revenue was down 4.4% on a year-over-year basis. During the same period in the prior year, the company posted ($3.04) EPS.

Institutional Trading of Sociedad Química y Minera de Chile

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SQM. Brooklyn Investment Group grew its holdings in shares of Sociedad Química y Minera de Chile by 61,700.0% in the first quarter. Brooklyn Investment Group now owns 618 shares of the basic materials company's stock valued at $25,000 after acquiring an additional 617 shares in the last quarter. Banque Cantonale Vaudoise bought a new position in shares of Sociedad Química y Minera de Chile in the first quarter valued at approximately $34,000. Kestra Investment Management LLC bought a new position in shares of Sociedad Química y Minera de Chile in the fourth quarter valued at approximately $39,000. Jones Financial Companies Lllp grew its holdings in shares of Sociedad Química y Minera de Chile by 803.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,075 shares of the basic materials company's stock valued at $39,000 after acquiring an additional 956 shares in the last quarter. Finally, Grove Bank & Trust bought a new position in shares of Sociedad Química y Minera de Chile in the first quarter valued at approximately $46,000. 12.41% of the stock is owned by institutional investors.

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.