FY2026 EPS Estimate for HudBay Minerals Lowered by Analyst

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Stock analysts at Scotiabank cut their FY2026 earnings per share estimates for shares of HudBay Minerals in a research report issued to clients and investors on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings of $0.55 per share for the year, down from their prior estimate of $0.58. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last announced its quarterly earnings results on Monday, May 12th. The mining company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.14. The company had revenue of $594.90 million during the quarter, compared to analyst estimates of $537.36 million. HudBay Minerals had a return on equity of 8.17% and a net margin of 7.40%. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 EPS.

A number of other equities research analysts have also issued reports on HBM. Wall Street Zen lowered HudBay Minerals from a “strong-buy” rating to a “buy” rating in a research report on Friday. Desjardins initiated coverage on HudBay Minerals in a research report on Friday, April 4th. They set a “buy” rating on the stock. CIBC reissued an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday. Raymond James Financial raised HudBay Minerals to a “moderate buy” rating in a research report on Monday, June 30th. Finally, BMO Capital Markets initiated coverage on HudBay Minerals in a research report on Wednesday, April 16th. They set an “outperform” rating on the stock. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

HudBay Minerals Stock Down 0.3%

Shares of HudBay Minerals stock opened at $9.77 on Friday. The stock’s fifty day moving average is $9.63 and its 200-day moving average is $8.46. The firm has a market capitalization of $3.86 billion, a PE ratio of 25.71, a price-to-earnings-growth ratio of 0.27 and a beta of 1.63. The company has a quick ratio of 1.92, a current ratio of 2.32 and a debt-to-equity ratio of 0.42. HudBay Minerals has a 12-month low of $5.95 and a 12-month high of $11.13.

Institutional Trading of HudBay Minerals

Large investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC boosted its stake in shares of HudBay Minerals by 9,877.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company’s stock worth $25,000 after acquiring an additional 3,062 shares in the last quarter. SBI Securities Co. Ltd. boosted its stake in HudBay Minerals by 64.6% during the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company’s stock valued at $29,000 after purchasing an additional 1,481 shares during the period. Banque Cantonale Vaudoise bought a new stake in HudBay Minerals during the 1st quarter valued at approximately $33,000. Jones Financial Companies Lllp boosted its stake in HudBay Minerals by 131.6% during the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company’s stock valued at $50,000 after purchasing an additional 3,733 shares during the period. Finally, Algert Global LLC bought a new stake in HudBay Minerals during the 4th quarter valued at approximately $86,000. Institutional investors own 57.82% of the company’s stock.

HudBay Minerals Company Profile

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.