Profile
Sector:
Basic MaterialsIndustry:
Specialty ChemicalsCountry:
ChileIPO:
21 September 1993Website:
http://www.sqm.comNext earnings report:
21 August 2024Last dividends:
09 May 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 20:31:09 GMTAnalysts recommendations
Institutional Ownership
SQM Latest News
Chilean lithium miner SQM said on Monday that it had reached a long-term supply deal with Hyundai and Kia to provide the carmakers with the white metal, key for the production of electric vehicle batteries.
Sociedad Quimica (SQM) beats first-quarter estimates on higher sales volumes amid headwinds from lower prices.
Sociedad Química y Minera de Chile S.A. (NYSE:SQM ) Q1 2024 Earnings Conference Call May 23, 2024 12:00 PM ET Company Participants Irina Axenova - Head of IR Gerardo Illanes - Chief Financial Officer Carlos Diaz - Executive Vice President of Lithium Mark Fones - Vice President of Lithium Development and M&A Juan Pablo Bellolio - Commercial Vice President of Iodine & Industrial Chemicals Conference Call Participants Ben Isaacson - Scotiabank Joel Jackson - BMO Capital Markets Corinne Blanchard - Deutsche Bank Cesar Perez-Novoa - BTG Pactual Operator Good day, and welcome to the SQM First Quarter 2024 Earnings Conference Call.
Analysts' average price target for SQM suggests a 26.6% potential upside in the stock. Although this metric may not always be reliable, the consensus among analysts in increasing earnings estimates does suggest a positive outlook for the stock.
At Zacks, we prioritize the Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong investment choices.
The latest trading day saw SQM (SQM) settling at $48.99, representing a -0.35% change from its previous close.
Sociedad Quimica's (SQM) fourth-quarter results were hurt by lower average sales prices in the lithium business.
Chile's SQM , the world's second-largest lithium producer, on Wednesday posted a fourth-quarter net profit down 82% from a year earlier, below forecasts as prices for the key battery metal continued to slide from earlier peaks.
Sociedad Quimica's (SQM) fourth-quarter results are likely to have been affected by pricing headwinds across its segments.
In the most recent trading session, SQM (SQM) closed at $43.14, indicating a +0.51% shift from the previous trading day.
What type of business is Sociedad Química y Minera de Chile SA?
Sociedad Química y Minera de Chile S.A. 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. The company offers specialty plant nutrients, including potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising x-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants, pharmaceutical synthesis, electronics, pigments, and dye components. In addition, the company offers lithium carbonates for various applications that include electrochemical materials for batteries, frits for the ceramic and enamel industries, heat-resistant glass, air conditioning chemicals, continuous casting powder for steel extrusion, primary aluminum smelting process, pharmaceuticals, and lithium derivatives, as well as ingredient in manufacturing of gunpowder. Further, it supplies lithium hydroxide for the lubricating greases industry, as well as cathodes for batteries. Additionally, it offers potassium chloride and potassium sulfate for various crops, including corn, rice, sugar, soybean, and wheat; industrial chemicals, including sodium nitrate, potassium nitrate, potassium chloride, and solar salts; and other fertilizers and blends. The company operates in Chile, Latin America and the Caribbean, Europe, North America, Asia, and internationally. Sociedad Química y Minera de Chile S.A. was incorporated in 1968 and is headquartered in Santiago, Chile.
What sector is Sociedad Química y Minera de Chile SA in?
Sociedad Química y Minera de Chile SA is in the Basic Materials sector
What industry is Sociedad Química y Minera de Chile SA in?
Sociedad Química y Minera de Chile SA is in the Specialty Chemicals industry
What country is Sociedad Química y Minera de Chile SA from?
Sociedad Química y Minera de Chile SA is headquartered in Chile
When did Sociedad Química y Minera de Chile SA go public?
Sociedad Química y Minera de Chile SA initial public offering (IPO) was on 21 September 1993
What is Sociedad Química y Minera de Chile SA website?
https://www.sqm.com
Is Sociedad Química y Minera de Chile SA in the S&P 500?
No, Sociedad Química y Minera de Chile SA is not included in the S&P 500 index
Is Sociedad Química y Minera de Chile SA in the NASDAQ 100?
No, Sociedad Química y Minera de Chile SA is not included in the NASDAQ 100 index
Is Sociedad Química y Minera de Chile SA in the Dow Jones?
No, Sociedad Química y Minera de Chile SA is not included in the Dow Jones index
When does Sociedad Química y Minera de Chile SA report earnings?
The next expected earnings date for Sociedad Química y Minera de Chile SA is 21 August 2024