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Southern Copper (SCCO) Stock Declines While Market Improves: Some Information for Investors
SCCSCC(US:SCCO) ZACKSยท2025-07-28 22:51

Company Performance - Southern Copper (SCCO) closed at $97.11, reflecting a -1.1% change from the previous day, underperforming the S&P 500's gain of 0.02% [1] - Prior to the latest trading session, shares of Southern Copper had declined by 4.21%, while the Basic Materials sector gained 4.33% and the S&P 500 increased by 4.93% [1] Earnings Expectations - Analysts anticipate Southern Copper to report earnings of $1.07 per share, indicating a year-over-year decline of 12.3% [2] - The consensus estimate for quarterly revenue is projected at $3.02 billion, down 3.25% from the same period last year [2] Full Year Projections - For the full year, earnings are expected to be $4.63 per share and revenue at $12.38 billion, representing increases of +6.93% and +8.24% respectively from the previous year [3] - Recent changes in analyst estimates are crucial as they reflect the evolving business trends and analysts' confidence in performance [3] Valuation Metrics - Southern Copper is currently trading at a Forward P/E ratio of 21.19, which is lower than the industry average Forward P/E of 21.81 [6] - The company has a PEG ratio of 2.52, compared to the Mining - Non Ferrous industry's average PEG ratio of 0.81 [6] Industry Context - The Mining - Non Ferrous industry is part of the Basic Materials sector, holding a Zacks Industry Rank of 44, placing it in the top 18% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, indicating that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [7]