Analysts See $0.30 EPS for Sociedad Química y Minera de Chile S.A. (SQM); MGP Ingredients (MGPI)’s Sentiment Is 0.65

April 15, 2018 - By Vivian Park

MGP Ingredients Inc (MGPI) investors sentiment decreased to 0.65 in 2017 Q4. It’s down -0.67, from 1.32 in 2017Q3. The ratio dived, as 42 funds started new and increased holdings, while 65 reduced and sold stakes in MGP Ingredients Inc. The funds in our database reported: 15.66 million shares, down from 16.40 million shares in 2017Q3. Also, the number of funds holding MGP Ingredients Inc in top ten holdings was flat from 3 to 3 for the same number . Sold All: 12 Reduced: 53 Increased: 24 New Position: 18.

Analysts expect Sociedad Química y Minera de Chile S.A. (NYSE:SQM) to report $0.30 EPS on May, 16.They anticipate $0.09 EPS change or 23.08% from last quarter’s $0.39 EPS. SQM’s profit would be $78.96M giving it 44.17 P/E if the $0.30 EPS is correct. After having $0.42 EPS previously, Sociedad Química y Minera de Chile S.A.’s analysts see -28.57% EPS growth. The stock decreased 0.47% or $0.25 during the last trading session, reaching $53. About 843,744 shares traded. Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has risen 43.96% since April 15, 2017 and is uptrending. It has outperformed by 32.41% the S&P500.

Among 10 analysts covering Sociedad Quimica y Minera de Chile (NYSE:SQM), 3 have Buy rating, 1 Sell and 6 Hold. Therefore 30% are positive. Sociedad Quimica y Minera de Chile had 30 analyst reports since August 28, 2015 according to SRatingsIntel. On Wednesday, July 13 the stock rating was downgraded by Citigroup to “Sell”. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, March 6 report. On Thursday, October 5 the stock rating was maintained by BMO Capital Markets with “Hold”. On Thursday, January 18 the stock rating was upgraded by Deutsche Bank to “Buy”. Zacks downgraded the stock to “Hold” rating in Friday, August 28 report. Scotia Capital maintained the stock with “Hold” rating in Thursday, January 18 report. The rating was downgraded by HSBC to “Reduce” on Wednesday, October 11. The stock of Sociedad Química y Minera de Chile S.A. (NYSE:SQM) has “Market Perform” rating given on Tuesday, August 29 by BMO Capital Markets. BMO Capital Markets maintained Sociedad Química y Minera de Chile S.A. (NYSE:SQM) rating on Thursday, July 6. BMO Capital Markets has “Hold” rating and $3500 target. The firm earned “Hold” rating on Tuesday, November 17 by HSBC.

Sociedad Qu??mica y Minera de Chile S.A. produces and distributes specialty plant nutrients, industrial chemicals, iodine and derivatives, lithium and derivatives, potassium, and other services and products. The company has market cap of $13.95 billion. The firm offers specialty plant nutrients, such as potassium nitrate, sodium nitrate, sodium potassium nitrate, specialty blends, and other specialty fertilizers for crops, including vegetables, fruits, and flowers under the Ultrasol, Qrop, Speedfol, and Allganic brands. It has a 32.62 P/E ratio. It also provides iodine and its derivatives for use in medical, pharmaceutical, agricultural, and industrial applications comprising X-ray contrast media, polarizing films for LCD and LED, antiseptics, biocides and disinfectants in the synthesis of pharmaceuticals, electronics, pigments, and dye components under the QIodine brand.

Manatuck Hill Partners Llc holds 7.73% of its portfolio in MGP Ingredients, Inc. for 192,600 shares. Conestoga Capital Advisors Llc owns 818,279 shares or 2.42% of their US portfolio. Moreover, Raymond James Financial Services Advisors Inc. has 2.19% invested in the company for 4.55 million shares. The New York-based Diker Management Llc has invested 1.8% in the stock. Millrace Asset Group Inc., a Pennsylvania-based fund reported 18,778 shares.

MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. The company has market cap of $1.44 billion. The firm operates through two divisions, Distillery Products and Ingredient Solutions. It has a 35.23 P/E ratio. The Distillery Products segment provides food grade alcohol for beverage applications that include bourbon and rye whiskeys, as well as grain neutral spirits, including vodka and gin; and food grade industrial alcohol, which is used as an ingredient in foods, personal care products, cleaning solutions, pharmaceuticals, and various other products, as well as for various industrial processors.

Since January 1, 0001, it had 1 insider purchase, and 8 insider sales for $5.28 million activity.

MGP Ingredients, Inc. (NASDAQ:MGPI) Institutional Positions Chart

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