Featured Stock: Southern Copper Corp. (NYSE:SCCO)

27

Southern Copper Corp. (NYSE:SCCO) belonging to the Basic Materials sector has surged 13.77% and closed its last trading session at $33.72.

The company reports its EPS on Nov 14 BMO.

The consensus recommendation, according to Zacks Investment research, is 2.75. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. The Stock had a 2.75 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.75 and 2.75 respectively.

Southern Copper Corp. on 9/30/2016 reported its EPS as $0.26 with the analysts projecting the EPS of the stock as $0.31. The company beat the analyst EPS Estimate with the difference of $-0.05. This shows a surprise factor of -16.1%.

Many analysts have provided their estimated foresights on Southern Copper Corp. Earnings, with 6 analysts believing the company would generate an Average Estimate of $0.3. Whereas they predicted High and Low Earnings Estimate as $0.42 and $0.27 respectively. While in the same Quarter Previous year, the Actual EPS was $0.09.

Analysts are also projecting an Average Revenue Estimate for Southern Copper Corp. as $1.39 Billion in the Current Quarter. This estimate is provided by 2 analysts. The High Revenue estimate is predicted as 1.41 Billion, while the Low Revenue Estimate prediction stands at 1.37 Billion. The company’s last year sales total was 1.25 Billion.

For the Current Quarter, the growth estimate for Southern Copper Corp. is 233.3%, while for the Next Quarter the stock growth estimate is 41.7%. In the past 5 years, the stock showed growth of -25.58% per annum. While for the next 5 years, the growth estimate is 14.8%.

The Company got Upgrade by HSBC Securities on 26-Aug-16 from Hold to Buy.

Insider Trades for Southern Copper Corp. show that the latest trade was made on 26 May 2016 where Castillo S, the Director completed a transaction type “Buy” in which 1200 shares were traded at a price of $0.

Over the period of 6 months, Insider Purchases show a total of 3 transaction in which 450000 shares were traded.

16 analysts projected Price Targets for Southern Copper Corp.. The analysts believe that the company stock price could grow as high as $39. The Low Price target projection by analysts is $20 and the Mean Price Target is $29.31.

Southern Copper Corp. (NYSE:SCCO) has the market capitalization of $26.13 Billion. The company rocked its 52-Week High of $34.03 on Nov 10, 2016 and touched its 52-Week Low of $21.55 on Jan 20, 2016. The stock has Return on Assets (ROA) of 4.4 percent. Return on Equity (ROE) stands at 10.4% and Return on Investment (ROI) of 8.5 percent.

The stock is currently showing YTD performance of 29.97 Percent. The company has Beta Value of 0.69 and ATR value of 1. The Weekly and Monthly Volatility stands at 4.91% and 2.92%.

Company profile:

Southern Copper Corporation is a mining metallurgical company, producer of copper and valuable by-products.