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.

Investment analysts gave a few price targets for SCCO. The most optimistic analyst gave a price target of 46.5, implying potential capital gains of 17.07 percent. The most pessimistic analyst gave a price target of 27.5, implying potential capital losses of -30.77 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates downwards for this quarter, by about -5.54 percent on average, compared to last month. That number becomes -10.73 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -3.2 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -3.98 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 4 analysts that revised their FY estimates downwards.

The growth rate of SCCO's earnings is estimated by analysts to be 38.4 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, 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 traded between a high of 39.82 and a low of 24.90 over the past year. The current market price is above the trailing year's low by 59.52 percent, and 0.25 percent lower than its 52-week 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 market cap of SCCO is $30.42 billion. SCCO will post this quarters earnings in days, on 0000-00-00.