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 $43.27, down 3.39% from the previous day, and has decreased 35.73% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.45 percentage points. Chemical & Mining Co Of Chile stock is currently +12.39% from its 52-week low of $38.50, and -46.91% from its 52-week high of $81.50.
There are currently 285.64M shares of SQM outstanding. The market capitalization of SQM is $12.36B. In the last 24 hours, 2.45M 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.
Our recommended brokerage: eToro
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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.
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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 3.16x, relative to Specialty Chemicals industry P/E ratio of 30.27x
- SQM could be undervalued based on its P/B ratio of 2.52x, relative to Specialty Chemicals industry P/B ratio of 3.36x
- 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:
- SQM's operating cash flow of $5.67B allows it to safely service it's debt of $2.98B.
- There are more short-term assets than long-term liabilities on the SQM balance sheet.
- SQM earnings of $5.57B is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SQM balance sheet.
- SQM profit margin has gone up from 20.5% to 36.5% in the past year.
Failed Financial Due Diligence Checks:
- SQM has a relatively high debt to equity ratio of 1.2.
- Total SQM debt is higher than 5 years ago, relative to shareholder equity.
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 bottom 45% 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
SQM Growth Metrics
Last year, SQM earnings were $3.91B. During the last 5 year, SQM's earnings have grown by 53.12% per year. This was faster than the Specialty Chemicals industry average of 6.78%.
Last year, SQM revenue was $10.71B. In the last 5 year, SQM's revenue has grown by 37.78% per year. This was faster than the Specialty Chemicals industry average of 9.4%.
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 11.84%, compared to the Specialty Chemicals industry's average dividend yield of 3.48%. If you owned $1,000 worth of SQM stock, you would have been paid $118.42 last year.
Chemical & Mining Co Of Chile dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Chemical & Mining Co Of Chile dividend yield and history here.
What others are saying about SQM
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
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.
If you want more help with 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 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:
- 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 require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Chemical & Mining Co Of Chile, create your watchlist below.
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