Southern Copper Stock Target Price and Analyst Consensus

SCCO Stock  USD 109.64  1.94  1.74%   
The current analyst and expert consensus on Southern Copper is Hold with 5 hold recommendations. The current projected Southern Copper target price consensus is 64.17 with 17 analyst opinions. One of the most common ways Southern Copper analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Southern Copper vendors, executives, and/or customers. Southern Copper recommendation module provides expert sentiment on the projected Southern Copper target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Southern Copper to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Lowest Forecast
58.39
Highest Forecast
71.23
Target Price
64.17
As of the 24th of April 2024, Gross Profit is likely to drop to about 2.4 B. In addition to that, Pretax Profit Margin is likely to drop to 0.28. At this time, Southern Copper's Property Plant And Equipment Gross is very stable compared to the past year. As of the 24th of April 2024, Other Liabilities is likely to grow to about 1 B, while Common Stock Shares Outstanding is likely to drop about 820.4 M.
  
It's important to approach Southern Copper's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Southern Copper price targets

Southern Copper's stock target price is an estimate of its future price, usually made by analysts. Using Southern Copper's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Southern Copper's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Southern Copper's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Southern Copper Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Southern Copper is a key component of Southern Copper valuation and have some predictive power on the future returns of a Southern Copper.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern Copper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
107.37109.64111.91
Details
Intrinsic
Valuation
LowRealHigh
101.30103.56120.60
Details
Naive
Forecast
LowNextHigh
106.32108.59110.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.790.820.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Southern Copper. Your research has to be compared to or analyzed against Southern Copper's peers to derive any actionable benefits. When done correctly, Southern Copper's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Southern Copper.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Impulse Idea
Impulse
Invested over 100 shares
Momentum Idea
Momentum
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
Macroaxis Picks Idea
Macroaxis Picks
Invested over 40 shares
When determining whether Southern Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Southern Copper's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Southern Copper Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Southern Copper Stock:
Check out Macroaxis Advice on Southern Copper to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Southern Stock, please use our How to Invest in Southern Copper guide.
Note that the Southern Copper information on this page should be used as a complementary analysis to other Southern Copper's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Southern Copper's price analysis, check to measure Southern Copper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Copper is operating at the current time. Most of Southern Copper's value examination focuses on studying past and present price action to predict the probability of Southern Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Copper's price. Additionally, you may evaluate how the addition of Southern Copper to your portfolios can decrease your overall portfolio volatility.
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The data published in Southern Copper's official financial statements usually reflect Southern Copper's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Southern Copper. For example, before you start analyzing numbers published by Southern accountants, it's critical to develop an understanding of what Southern Copper's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of Southern Copper's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Southern Copper's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Southern Copper's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Southern Copper. Please utilize our Beneish M Score to check the likelihood of Southern Copper's management manipulating its earnings.