FY2026 EPS Estimates for Nexa Resources Cut by Scotiabank

Nexa Resources S.A. (NYSE:NEXA) – Scotiabank dropped their FY2026 EPS estimates for Nexa Resources in a report released on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $0.21 for the year, down from their prior forecast of $0.22. Scotiabank currently has a “Sector Underperform” rating and a $4.50 price target on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $1.03 per share.

Nexa Resources (NYSE:NEXA) last issued its earnings results on Thursday, February 20th. The company reported ($1.00) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($1.20). The company had revenue of $740.92 million for the quarter, compared to the consensus estimate of $731.81 million. Nexa Resources had a negative return on equity of 8.49% and a negative net margin of 7.37%.

NEXA has been the topic of a number of other reports. BMO Capital Markets began coverage on Nexa Resources in a report on Wednesday. They set a “market perform” rating and a $6.00 target price on the stock. Bank of America reduced their price objective on shares of Nexa Resources from $8.00 to $6.50 and set an “underperform” rating for the company in a research report on Monday, March 10th.

Nexa Resources Trading Up 1.7 %

NYSE NEXA opened at $6.11 on Wednesday. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. Nexa Resources has a 52 week low of $5.04 and a 52 week high of $9.61. The stock’s 50 day moving average price is $5.67 and its two-hundred day moving average price is $6.83. The stock has a market capitalization of $809.20 million, a price-to-earnings ratio of -3.97 and a beta of 1.09.

Institutional Investors Weigh In On Nexa Resources

An institutional investor recently raised its position in Nexa Resources stock. Dimensional Fund Advisors LP increased its stake in Nexa Resources S.A. (NYSE:NEXA) by 1.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 628,414 shares of the company’s stock after acquiring an additional 7,220 shares during the quarter. Dimensional Fund Advisors LP owned 0.47% of Nexa Resources worth $5,531,000 at the end of the most recent reporting period.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.