Will Southern Copper Corp. (NYSE:SCCO) be growing after Earnings Report?

Modesto Morganelli
Febbraio 14, 2017

On 7th Day after earnings release, Southern Copper Corp. CenterPoint Energy, Inc. (NYSE:CNP), at its latest closing price of $26.49, it has a price-to-book ratio of 3.29, compared to an industry average at 3.67. In last trade, the intraday high was $39.50, putting the share price -3.24% below its 52-week high and trades 62.15% higher from the lowest price they have traded at during the previous year. The volume of 2.03 Million shares climbed up over an trading activity of 1.27 Million shares.

Southern Copper Corp. (NYSE:SCCO) jumped 49.08 percent over the past one year, while it rose 17.16 percent year to date (YTD). In the past 12 months, the share price floated in the $16.93 -$26.57 range.

The stock is now trading at a distance of 1.57% from SMA-20. The Predicted Move on the 7th day after Southern Copper Corp. The TTM operating margin is 29.9 percent.

Many brokerage firms are involved in issuing their ratings on Southern Copper Corp.

Southern Copper Corporation (NYSE:SCCO): On Friday heightened volatility was witnessed in Southern Copper Corporation (NYSE:SCCO) which led to swings in the share price. The forecast of 3 surveyed investment analysts covering the stock advises investors to Buy stake in the company. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The stocks have underperformed the S&P 500 by 2.05% during the past week but Southern Copper Corporation (NYSE:SCCO) it has outperformed the index in 4 weeks by 5.46%. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date.

A number of key analysts, polled by FactSet, shared their views about the current stock momentum.

On 07/25/2016, the stock reported the EPS of $0.29 where Analysts were projecting the EPS to be $0.26 showing a difference of $0.03. The 52-week low of the share price is at $23.54. The median estimate represents a +1.71% increase from the last price of 11.41. 0 analysts recommended Overweight these shares while 2 recommended Underweight, according to FactSet data. The company had Year Ago Sales of $0.

According to Zacks Investment Research, Barclays PLC has a Consensus Recommendation of 2.8. The score shows the rating on a scale of 1 to 5, where 1=strong buy and 5=strong sell. And immediately on the next day after earnings announcement, the stock inclined 1.38% and closed its trading session at $26.45. The company has the market capitalization of $48.82 Billion. The High end of the Estimate is $28.41 Billion, while the Low end of the Estimate is $17.39 Billion. The firm touched its 52-Week high on Dec 8, 2016 and 52-Week low on Jun 27, 2016. The company has a total of 4.28 Billion shares outstanding. The company's institutional ownership is monitored at 5.8 percent. 0 analysts call it Underweight, while 1 think it is Overweight. The company has Weekly Volatility of 1.53%% and Monthly Volatility of 1.30%%.

In recent trade, the price was 14.26% up its 200 day moving average and was brought 5.75% up versus its 50-day simple moving average. The growth estimate for the next five years is -6.36 percent (per annum).

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