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 maximum price target given was 46.5, implying a possible profit of 17.07 percent. The minimum price target given was 27.5, implying potential capital losses of -30.77 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -5.54 percent. 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, while 4 analysts made negative revisions to their fiscal year's estimates.
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. 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, but many choose to perform ratio comparisons with other companies in the industry. 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's next earnings release will be on 0000-00-00, which is days away.