Topic > Scco: Summary of Southern Copper Corporation

Southern Copper Corporation (SCCO) was established on September 7, 1995 and engaged in integrated copper mining with operations in Mexico, Argentina, Ecuador, Peru and Chile. It is one of the most large American corporations and Fortune 500 lists SCCO at number 127. As one of the largest corporations, an investor will definitely be tempted to buy shares from SCCO, but purchasing shares does not necessarily have to be based on capital size. alone company. There are many factors that need to be considered, such as the company's revenue history, its net profit, competition, among many others. Another analysis tool that can be used is benchmarking. For this analysis, the main consideration will be the available company data, extracted from the stock market specifically from the Yahoo Finance website. Forecasts from stock analysts will also be taken into consideration, as they represent the educated sector of stock investing. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Southern Copper Corporation is known on the stock market by its ticker "SCCO." Its shares are listed on the NASDAQ. The latest available data puts the SCCO share price at $45.09 with a market capitalization at $34.86 billion. Its price-to-earnings (P/E) ratio, which represents the current stock price relative to earnings per share, is quoted at 39.38% with a dividend of $1.20 per share with an expected annual yield of 2, 66%. The expected return may not be very attractive, but it is quite good as it is higher than the US interest rate by about 2%. Enterprise value, which represents the total value of the company after taking into account debt, cash and investments, is $40.77 billion. higher than its market capitalization by $5.91 billion. With a beta of 0.42, this means that the stock price does not move the same way the overall stock market moves, and is expected to move based on its own strength or weakness. Looking at the history of stock splits, data shows that there was one on July 11, 2008 and this was done to correct the stock value which had skyrocketed to $40.42 from the previous quarter. The closing prices over the last 5 days of stock trading were $46.48, $46.31, $44.52, $44.79 and $45.19. The last highest stock price in the last 52 weeks was $58.09 and the book value of a share of stock is $7.70. In July last year, rising copper prices pushed up the stock price with its negative effect on the market. In April 2018, Southern Copper's rating was downgraded from "buy" to "neutral". Another news story from June 2018 stated that, following weak economic data from China, copper performance had fallen to its lowest since the beginning of the year (MarketWatch, 2018). According to CNN Money's survey of 12 analysts, the target price prediction for next year ranges from a low of 33.95 to a high of 58.00 with a mean of 44.00 (CNN Money, 2018). Comparing the median forecast to the current stock price of $45.09 shows a slight decline of 2.42% in the forecasted stock price. With 13 analysts responding, 7 recommend "hold" while 6 favor "sell" SCCO stock. This rating remained unchanged from the last rating in July. In a separate Thomson Reuters poll of 9 analysts, the average price target consensus is $46.30, or a 2.7% improvement from the current stock price. Nonetheless, 4 analysts have rated SCCO stock as.