Analyst Ratings for Southern Copper Corp. (SCCO)Updated: 2017-07-27
Southern Copper Corp. (NYSE:SCCO) was awarded an average rating of Hold from investment analysts following the stock. SCCO had previously received a consensus rating of Hold a month ago.
3 analysts declared SCCO a buy, 0 gave an overweight rating, 8 gave a hold rating, 1 issued an underweight rating, and 5 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an decrease of 3 in the number of analysts with a negative outlook on the stock.
A number of analysts gave price targets for SCCO. The maximum price target given was 46.5, implying a possible profit of 17.07 percent. The most pessimistic analyst gave a price target of 27.5, implying potential capital losses of -30.77 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.54 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -10.73 percent. Meanwhile, fiscal year estimates have been revised downwards by -3.2 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.98 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of SCCO to grow at a rate of 38.4 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of SCCO is 0.88.
SCCO has a 52-week high of 39.82 and a 52-week low of 24.90. Currently the stock is 59.52 percent higher than its low, and 0.25 percent below the high. SCCO has a price/earnings ratio of 33.66. Investors typically compare the P/E ratio to a company's peers in the industry. The SCCO value stock report compares SCCO to some of its peers using value stock charts. The stock has a market capitalization of $30.42 billion. SCCO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.