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How to Buy Chemical & Mining Co Of Chile Stock

Chemical & Mining Co Of Chile Inc

Chemical & Mining Co Of Chile is a specialty chemical company located in Chile, which is part of the Basic Materials sector, and is traded under the ticker SQM on the NYSE exchange.

Chemical & Mining Co Of Chile stock last closed at $49.45, up 1.71% from the previous day, and has decreased 28.41% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.44 percentage points. Chemical & Mining Co Of Chile stock is currently +28.44% from its 52-week low of $38.50, and -39.33% from its 52-week high of $81.50.

There are currently 285.64M shares of SQM outstanding. The market capitalization of SQM is $14.12B. In the last 24 hours, 1.38M SQM shares were traded.

How to Buy Chemical & Mining Co Of Chile Stock

Not sure how to invest in Chemical & Mining Co Of Chile stock? Here's how.
  1. Choose where to buy Chemical & Mining Co Of Chile stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Chemical & Mining Co Of Chile stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Pick your payment method and add your info.
  4. Evaluate Chemical & Mining Co Of Chile stock: The Chemical & Mining Co Of Chile ticker symbol is SQM. Is Chemical & Mining Co Of Chile stock a good investment? Should you buy shares of SQM? How do SQM's underlying business fundamentals look? Do top analysts think Chemical & Mining Co Of Chile is a good buy? Why has SQM's stock price moved recently? (Hint: Our stock market research website can help you understand if SQM is a good stock to buy).
  5. Execute your SQM trade: Decide if you will purchase SQM shares at the current market price or use a limit order to purchase SQM shares at a specific price.
  6. Keep an eye on your SQM investment: Create a watchlist to the latest updates on your new investment in Chemical & Mining Co Of Chile stock.

Step 1: Choose where to buy Chemical & Mining Co Of Chile stock

You will need an online brokerage account in order to access the NYSE market and buy SQM shares.

A brokerage account enables you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, it's time to fill out some personal information so you can buy SQM stock today.

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Step 3: Put funds into your brokerage account

Now that you have finished signing up on apps for stock market, you need to deposit funds:

Watch the walkthrough below to see the process of depositing funds into your new investment account.

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Step 4: Evaluate Chemical & Mining Co Of Chile stock

After you have identified the best place to buy Chemical & Mining Co Of Chile stock, it's very important to analyze their stock before you buy, so you can understand the risk as well as the opportunity.

Overview of key SQM info

SQM Price
$49.45
1w %
3.34%
1y %
-28.41%
5y %
62.88%
P/E
15.3x
P/B
3.18x
P/S
1.89x
PEG
0.16x
Revenue
$7.47B
Earnings
$923.19M
Fore. Rev. Growth
-2.36%
Fore. Earn. Growth
93.95%
Market Cap
$14.12B
Next Earnings
N/A
Next Dividend
May 28, 2024

SQM Due Diligence Checks

WallStreetZen was designed to help everyday investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on SQM's stock page.

What is the fair value of SQM stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SQM's intrinsic value.

Using relative valuations metrics:

  • SQM could be undervalued based on its P/E ratio of 15.3x, relative to Specialty Chemicals industry P/E ratio of 33.27x
  • SQM could be undervalued based on its P/B ratio of 3.18x, relative to Specialty Chemicals industry P/B ratio of 3.39x
  • SQM could be undervalued based on its PEG ratio of 0.16x

You can access additional valuation analysis on SQM's stock here.

SQM Financials at a glance

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the SQM balance sheet.
  • There are more short-term assets than short-term liabilities on the SQM balance sheet.
  • SQM's operating cash flow of $2.43B allows it to safely service it's debt of $4.55B.
  • SQM earnings of $2.94B is not sufficient to cover its interest payments.

Failed Financial Due Diligence Checks:

  • Total SQM debt is higher than 5 years ago, relative to shareholder equity.
  • SQM profit margin has gone down from 36.5% to 12.4% in the past year.
  • SQM has a relatively high debt to equity ratio of 1.42.

Is Chemical & Mining Co Of Chile stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 6 Wall Street analysts who give ratings on SQM, the consensus analyst rating on SQM is a Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

Latest SQM Analyst Ratings

Lucas Ferreira, a top 42% analyst from JP Morgan maintains SQM with a strong buy rating and lowers their SQM price target from $64.00 to $55.00, on Feb 6, 2024.

You can dig deeper into what analysts are projecting on the Chemical & Mining Co Of Chile stock forecast page.

SQM Trading Indicators

SMA10
48.32
SMA20
47.75
SMA50
47.69
SMA100
47.04
SMA200
51.58
MACD
0.44
MACD Signal
0.29
MACD Histogram
0.14
RSI
57.43
Stochastic %K
54.52
Stochastic %D
48.8
StochRSI %K
49.52
StochRSI %D
32.98

SQM Growth Metrics

Last year, SQM earnings were $923.19M. During the last 5 year, SQM's earnings have grown by 14.1% per year. This was faster than the Specialty Chemicals industry average of 3.49%.

Last year, SQM revenue was $7.47B. In the last 5 year, SQM's revenue has grown by 26.94% per year. This was faster than the Specialty Chemicals industry average of 7.04%.

Dig into SQM's earnings and revenue performance here.

Latest Insiders Trades at SQM

Over the past year, executives and large shareholders at SQM have not bought or sold any shares.

Get more info about who owns SQM stock here.

Does SQM provide a stable income stream?

Chemical & Mining Co Of Chile pays a dividend of 4.27%, compared to the Specialty Chemicals industry's average dividend yield of 2.11%. If you owned $1,000 worth of SQM stock, you would have been paid $42.75 last year.

Chemical & Mining Co Of Chile dividend payments have not consistently grown over the past decade and have not remained stable.

Get more info about Chemical & Mining Co Of Chile dividend yield and history here.

What others are saying about SQM

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Step 5: Execute your SQM trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, use a limit order.

Hit the Open Trade button and eToro will execute your order.

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Step 6: Keep an eye on your SQM investment

Now that you own some shares in SQM, you'll want to stay up-to-date on your new stock purchase.

Start a watchlist to track your SQM stock.

SQM Feed

How to Buy Stock in Chemical & Mining Co Of Chile

To reiterate, here are the 6 steps to buy stock in Chemical & Mining Co Of Chile:

  1. Choose where to buy Chemical & Mining Co Of Chile stock
  2. Create a brokerage account
  3. Put funds into your brokerage account
  4. Evaluate Chemical & Mining Co Of Chile stock
  5. Execute your SQM trade
  6. Keep an eye on your SQM investment

If you require a brokerage, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get updates on your new investment in Chemical & Mining Co Of Chile, create your watchlist below.

NYSE: SQM
$49.45+0.83 (+1.71%)
Updated May 24, 2024
Open eToro Account
NYSE: SQM
$49.45+0.83 (+1.71%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Chemical & Mining Co Of Chile share?

As of May 24, 2024, it costs $49.45 to buy one share of Chemical & Mining Co Of Chile stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.202 shares of SQM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Chemical & Mining Co Of Chile stock?

According to 6 Wall Street analysts who monitor Chemical & Mining Co Of Chile, their consensus recommendation is to buy Chemical & Mining Co Of Chile stock.

What is the best way to buy Chemical & Mining Co Of Chile stock?

One way to place an order for Chemical & Mining Co Of Chile stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.