Southern Copper (SCCO) Rises But Trails Market: What Investors Should Know

Company Performance - Southern Copper (SCCO) closed at $98.68, reflecting a +0.57% change from the previous trading day's closing, underperforming compared to the S&P 500's daily gain of 0.88% [1] - Over the past month, shares of Southern Copper gained 4.86%, outperforming the Basic Materials sector's gain of 1.03% and the S&P 500's gain of 1.17% [2] Earnings Expectations - Analysts expect Southern Copper to post earnings of$ 1.06 per share in the upcoming release, indicating a year-over-year growth of 85.96% [3] - The consensus estimate for revenue is $2.84 billion, representing a 23.57% increase compared to the same quarter last year [3] Analyst Estimates and Ratings - Recent modifications to analyst estimates for Southern Copper reflect evolving short-term business trends, with positive revisions indicating analyst optimism about the company's profitability [4] - Southern Copper currently holds a Zacks Rank of 3 (Hold), with the consensus EPS projection having moved 1.19% lower in the past 30 days [6] Valuation Metrics - Southern Copper has a Forward P/E ratio of 21.57, which is in line with the average Forward P/E of its industry [7] - The company has a PEG ratio of 1.95, matching the average PEG ratio of the Mining - Non Ferrous industry, which is part of the Basic Materials sector [8] Industry Context - The Mining - Non Ferrous industry has a Zacks Industry Rank of 151, placing it in the bottom 40% of all 250+ industries [8] - The strength of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [9]