FY2026 EPS Estimates for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Research analysts at Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Hudbay Minerals in a report issued on Tuesday, July 15th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings of $0.76 per share for the year, down from their prior forecast of $0.81. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals’ FY2026 earnings at $0.76 EPS.

A number of other brokerages have also recently weighed in on HBM. National Bankshares boosted their price target on Hudbay Minerals from C$14.50 to C$16.50 and gave the stock an “outperform” rating in a research report on Wednesday, July 9th. Royal Bank Of Canada boosted their price target on Hudbay Minerals from C$16.00 to C$17.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 4th. Veritas raised Hudbay Minerals to a “strong-buy” rating in a research report on Monday, July 7th. Raymond James Financial raised Hudbay Minerals to a “moderate buy” rating in a research report on Monday, June 30th. Finally, Desjardins boosted their price objective on Hudbay Minerals from C$16.00 to C$17.00 and gave the stock a “buy” rating in a research report on Thursday, May 22nd. Eight research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$16.05.

Hudbay Minerals Stock Performance

Shares of TSE HBM opened at C$13.41 on Friday. Hudbay Minerals has a one year low of C$8.49 and a one year high of C$15.19. The business’s 50-day moving average price is C$13.22 and its two-hundred day moving average price is C$11.86. The company has a market capitalization of C$3.72 billion, a P/E ratio of 37.76, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.

Insider Activity at Hudbay Minerals

In other news, Director Gregory Paul Dryden sold 30,000 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of C$13.21, for a total value of C$396,204.00. Also, Senior Officer Mark Zachary Gupta sold 2,874 shares of the firm’s stock in a transaction on Friday, June 6th. The shares were sold at an average price of C$13.25, for a total value of C$38,080.50. In the last ninety days, insiders sold 34,074 shares of company stock valued at $447,953. Insiders own 0.07% of the company’s stock.

About Hudbay Minerals

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals.