SQM (Sociedad Quimica y Minera de Chile SA ADR B) is a strong buy according to a model with an accuracy of 0.69 when predicting upward trends in the next two weeks. If someone had traded between 2021-01-12 and 2023-05-15 with this AI strategy, they would have potentially made a 411.67% return on average with a trade making 45.74%. There were a total of 9 positions taken over the period, with the analyst consensus price target set at 111.61.
Sociedad Quimica y Minera de Chile SA (SQM) is a Chilean company that produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals and other products and services worldwide. The company is headquartered in Santiago, Chile and is listed on the New York Stock Exchange (NYSE). SQM is currently trading at 65.77 USD as of August 25th, 2023.
SQM has a market capitalization of 2.657 billion USD, and its shares have a price to earnings ratio of 8.64 and a price to book ratio of 5.58. In terms of financial performance, SQM’s trailing twelve months (TTM) revenue is 8.661 billion USD and its TTM gross profit is 1.0901 billion USD. SQM has a TTM profit margin of 0.355, and an operating margin for the same period of 0.518. The current analyst target price for SQM is 111.61 USD.
SQM’s stock has had a volatile performance over the past year. On August 25th, 2022, SQM was trading at 51.60 USD, and then rose to a high of 109.81 USD on May 12th, 2023. Since then, the stock has been declining, and is currently trading at 65.77 USD. Over the past year, SQM’s quarterly earnings growth has been 9.37%, and its quarterly revenue growth has been 3.472%.
Overall, Sociedad Quimica y Minera de Chile SA is a Chilean company that produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals and other products and services worldwide. The company is currently trading at 65.77 USD, and has had a volatile performance over the past year.
| Date | Symbol | Prediction | Model Accuracy | Price Target | Analyst Target |
|---|---|---|---|---|---|
| 2023-08-25 | SQM | STRONGBUY | 0.69 | 65.77 | 111.61 |
| 2023-08-24 | SQM | WEAKBUY | 0.69 | 69.76 | 111.61 |
| 2023-08-22 | SQM | MEDIUMBUY | 0.69 | 65.76 | 111.61 |
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