Is Most-Watched Stock Southern Copper Corporation (SCCO) Worth Betting on Now?

Core Viewpoint - Southern Copper (SCCO) has been experiencing significant stock performance fluctuations, with recent returns of -11.4% over the past month, underperforming both the Zacks S&P 500 composite and the Zacks Mining - Non Ferrous industry [2] Earnings Estimate Revisions - Southern Copper is expected to report earnings of $1.13 per share for the current quarter, reflecting a year-over-year increase of +20.2%. The consensus estimate for the current fiscal year is $4.60, indicating a +6.2% change year-over-year, with a slight adjustment of -2.9% over the last 30 days [5] - For the next fiscal year, the earnings estimate is $4.70, which represents a +2.2% change from the previous year, with a recent increase of +3% [6] - The Zacks Rank for Southern Copper is 3 (Hold), indicating a neutral outlook based on recent earnings estimate changes and other related factors [7] Projected Revenue Growth - The consensus sales estimate for the current quarter is $2.79 billion, showing a year-over-year growth of +7.5%. For the current fiscal year, the revenue estimate is $11.85 billion (+3.6%), while the next fiscal year's estimate is $11.48 billion (-3.1%) [10] Last Reported Results and Surprise History - In the last reported quarter, Southern Copper achieved revenues of $2.78 billion, a +21.3% increase year-over-year, with an EPS of $1.01 compared to $0.57 a year ago. The revenue surprise was +0.16%, while the EPS surprise was -0.98% [11] - Over the last four quarters, Southern Copper has surpassed consensus EPS estimates three times and has also exceeded consensus revenue estimates three times [12] Valuation - Southern Copper's valuation metrics, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), are essential for assessing whether the stock is fairly valued. The Zacks Value Style Score for Southern Copper is graded C, indicating it is trading at par with its peers [13][14][16] Conclusion - The analysis suggests that Southern Copper may perform in line with the broader market in the near term, as indicated by its Zacks Rank 3 [17]