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 $39.21, up 0.38% from the previous day, and has decreased 19.59% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.19 percentage points. Chemical & Mining Co Of Chile stock is currently +21.62% from its 52-week low of $32.24, and -24.45% from its 52-week high of $51.90.
There are currently 285.64M shares of SQM outstanding. The market capitalization of SQM is $11.20B. In the last 24 hours, 586,868 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.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Pick your payment method and add your info.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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.
How to Create a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new trading account.
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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.
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 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 12.13x, relative to Specialty Chemicals industry P/E ratio of 29.84x
- SQM could be undervalued based on its P/B ratio of 2.52x, relative to Specialty Chemicals industry P/B ratio of 3.32x
You can access additional valuation analysis on SQM's stock here.
SQM Financial Overview
Passed Financial Due Diligence Checks:
- SQM earnings of $2.94B is not sufficient to cover its interest payments.
- SQM's operating cash flow of $2.43B allows it to safely service it's debt of $4.55B.
- 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.
Failed Financial Due Diligence Checks:
- Total SQM debt is higher than 5 years ago, relative to shareholder equity.
- SQM has a relatively high debt to equity ratio of 1.42.
- SQM profit margin has gone down from 36.5% to 12.4% in the past year.
Do Wall Street analysts think it's a good time to buy Chemical & Mining Co Of Chile stock
Out of 6 Equities analysts who monitor SQM, the consensus analyst rating on Chemical & Mining Co Of Chile is a Hold
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest SQM Analyst Ratings
Andres Castanos Mollor, a bottom 29% analyst from Berenberg initiates coverage on SQM with a hold rating and announces their SQM price target of $35.00, on Jul 31, 2024.
You can dig deeper into what analysts are projecting on the Chemical & Mining Co Of Chile stock forecast page.
SQM Technicals
SQM Growth Metrics
Last year, SQM earnings were $923.19M. During the last five year, SQM's earnings have gone up by 14.1% per year. This was faster than the Specialty Chemicals industry average of 6.55%.
Last year, SQM revenue was $7.47B. In the past five year, SQM's revenue has grown by 26.94% per year. This was faster than the Specialty Chemicals industry average of 5.08%.
Dig into SQM's earnings and revenue performance here.
Latest Insiders Trades at SQM
Over the last 12 months, executives and large shareholders at SQM have not bought or sold any shares.
Research more about who owns SQM shares here.
Does SQM stock generate passive income?
No, Chemical & Mining Co Of Chile doesn't provide an income stream by paying out dividends.
What others are saying about SQM
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Execute your SQM trade
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a specific dollar amount, place a limit order.
Press the Open Trade button and eToro will place your order.
If you need more assistance investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your SQM investment
Now that you own some SQM stock, you'll want to stay up-to-date on your shares.
Start a watchlist to keep track of your SQM stock.
SQM Feed
How to Buy Stock in Chemical & Mining Co Of Chile
To reiterate, here are the 6 steps you need to take to buy Chemical & Mining Co Of Chile stock right now:
- Choose where to buy Chemical & Mining Co Of Chile stock
- Create a brokerage account
- Put funds into your brokerage account
- Evaluate Chemical & Mining Co Of Chile stock
- Execute your SQM trade
- Keep an eye on your SQM investment
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Chemical & Mining Co Of Chile, create your watchlist below.
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