Raymond James Forecasts Ero Copper’s Q1 Earnings (NYSE:ERO)

Ero Copper Corp. (NYSE:ERO) – Equities research analysts at Raymond James lowered their Q1 2025 earnings per share estimates for Ero Copper in a report released on Tuesday, April 15th. Raymond James analyst F. Hamed now anticipates that the company will earn $0.18 per share for the quarter, down from their prior estimate of $0.19. Raymond James has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Raymond James also issued estimates for Ero Copper’s Q2 2025 earnings at $0.67 EPS and Q4 2025 earnings at $0.81 EPS.

ERO has been the subject of several other reports. BMO Capital Markets assumed coverage on shares of Ero Copper in a report on Wednesday. They set an “outperform” rating for the company. TD Securities upgraded Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. TD Cowen raised Ero Copper from a “hold” rating to a “buy” rating in a report on Wednesday, February 12th. Finally, Desjardins assumed coverage on Ero Copper in a research report on Friday, April 4th. They issued a “hold” rating for the company. Two analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $26.33.

Ero Copper Stock Down 0.0 %

Shares of ERO stock opened at $10.93 on Friday. The stock’s 50 day simple moving average is $12.24 and its 200 day simple moving average is $14.61. Ero Copper has a twelve month low of $9.30 and a twelve month high of $24.34. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 64.26 and a beta of 1.10.

Ero Copper (NYSE:ERO) last released its quarterly earnings data on Thursday, March 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04). Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. The business had revenue of $122.50 million during the quarter, compared to analyst estimates of $183.26 million.

Institutional Investors Weigh In On Ero Copper

A number of institutional investors have recently added to or reduced their stakes in the stock. Northwest & Ethical Investments L.P. grew its position in Ero Copper by 19.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock valued at $88,000 after acquiring an additional 1,050 shares during the period. Sentry Investment Management LLC boosted its position in Ero Copper by 5.8% in the fourth quarter. Sentry Investment Management LLC now owns 21,716 shares of the company’s stock valued at $293,000 after buying an additional 1,188 shares in the last quarter. Swiss National Bank grew its stake in Ero Copper by 0.6% during the fourth quarter. Swiss National Bank now owns 194,100 shares of the company’s stock worth $2,616,000 after buying an additional 1,200 shares during the last quarter. BTG Pactual Asset Management US LLC raised its stake in shares of Ero Copper by 12.6% in the fourth quarter. BTG Pactual Asset Management US LLC now owns 13,173 shares of the company’s stock valued at $178,000 after acquiring an additional 1,473 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Ero Copper by 3.7% during the 4th quarter. Geode Capital Management LLC now owns 48,667 shares of the company’s stock worth $662,000 after acquiring an additional 1,727 shares during the last quarter. 71.30% of the stock is owned by institutional investors and hedge funds.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.