Earnings Projection For Banco Santander Chile (NYSE:BSAC)

Few brokerage companies covering Banco Santander Chile (NYSE:BSAC) have projected its price target and earnings. According to them, the company’s stock can reach a price target of 20.42 in the next one year. In last one year, the company’s earnings per share averaged at 1.60. Now, in the forthcoming quarter, First Call projects the stock to deliver EPS of 0.41. The earnings projections for this fiscal and the next year is projected at 1.50 and 1.57 respectively.

In recent trading session, the company’s stock opened at 16.82 and was trading close to 16.63 at the time of the writing. The stock recorded a low and high of 16.62 and 16.87, respectively. Banco Santander – Chile ADS, a NYQ listed company’s market cap stands at 7.83B. The average traded volume over the last three months came at 399563.

Coming to technical aspects, the stock’s 50 Day Moving Average is 17.38, -4.33% more than the current price level. Further, the stock needs to move -27.51% to touch its 52-week high of 22.94 and plunge +5.99% to reach its 52-week low of 15.69.

The valuation of the company measured using price to earnings ratio sits at 10.39. The ratio is reached by dividing a stock’s current market price by its EPS. This ratio is a major valuation tool where a higher ratio indicates that a stock has immense future earnings growth potential against the firms with lower P/E ratio. The sell-side experts expect the equity’s current year Price to EPS at 11.09. Also, the potential investors are foreseeing Price to EPS of 10.59 the next year.

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