Earnings Estimates For Banco Santander Chile (NYSE:BSAC)

Banco Santander Chile (NYSE:BSAC) stock settled during the last trading session at 16.91. It touched a high price of 16.71 and a low of 16.45 in current trading session. Banco Santander – Chile ADS is a NYQ public traded firm and has a market cap of 7.79B. The average daily volume recorded in last three months stands at 443427. Also, digging dipper on the technical front it is revealed that the stock’s 50-day moving average stands at 17.08 while the stock current market price is -3.19% away from it. The stock is noted to be trading -10.60% off 200-day average level. The latest price of stock is -27.90% away from its 52-week high of 22.94 and +5.42% away from 52-week low of 15.69.

The leading research analysts of the industry carried out their research on the stock and came up with the stock’s price projections and future earnings estimates. As per these reports, the price target for the stock in coming one year is set at 19.87. The company’s average EPS in the last fiscal was recorded as 1.60. The First Call expects that company may post earnings of 0.39 per share in next quarter. The market consensus forecast for the company’s annual EPS stands at 1.68 while EPS for next fiscal is projected at 1.86.

The company’s price-to-earnings ratio, which gauges the valuation of a firm by comparing its latest stock price, with its per-share earnings, is seen at 10.34. The ratio, which is also known as P/E ratio, suggests the prospects of returns when invested in a particular stock. When a company has a higher P/E ratio, it implies that it offers higher earnings growth prospects compared to firms in the same industry, with lower P/E ratio. Banco Santander Chile (NYSE:BSAC) current year P/E ratio sits at 9.79 while for next fiscal is estimated at 8.89.

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