Stock Under Spotlight: Banco Santander Chile (NYSE:BSAC)

Banco Santander Chile (NYSE:BSAC) made it to the list of top movers as it opened today’s session at 17.19 and was last trading at 16.74. The stock made a day high of 17.19 and day low of 16.73. Banco Santander – Chile ADS, a stock traded on NYQ exchange, has a current market cap of 7.89B while a total of 364495 shares exchanged hands over the last three months.

Several brokerage firms have provided projections about the company’s earnings and its price movement. As per which, the Wall Street analysts have forecasted the stock to reach a price target of 20.87 in the short-term. The company’s trailing twelve months EPS sits at 1.60. Thomson Reuters First Call analysts’ consensus estimate for the company’s next quarter EPS is at 0.40. Meanwhile, the projections for the stock’s this year and the next year EPS is 1.51 and 1.58 respectively.

The technical analysis of the stock shows 17.89, as it’s 50 Day Moving Average. When compared to this average, the stock is currently trading -6.44% away from it. While expanding the comparison to the stock’s broader price history; shows that its current price is -27.03% off its 52-week high of 22.94 and +0.06% off from 52-week low of 16.73.

Price to earnings ratio, which compares current stock price with its earnings per share stands at 10.46 of the company. Price to earnings ratio is regarded as an important valuation ratio as typically higher ratio suggests that investors are looking for a higher earnings growth from a company as against those companies with lower price to earnings ratio. The sell-side analysts have projected the company’s EPS at 11.09 for the current year. Investors interested in long-term earnings potential of the company should note that the EPS estimate for the next year is set at 10.59.

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