FY2025 EPS Estimates for Nexa Resources Boosted by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Investment analysts at Scotiabank increased their FY2025 earnings estimates for shares of Nexa Resources in a report released on Tuesday, October 28th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $0.81 per share for the year, up from their prior forecast of $0.74. Scotiabank has a “Sector Perform” rating and a $6.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $1.03 per share. Scotiabank also issued estimates for Nexa Resources’ FY2026 earnings at $1.00 EPS.

NEXA has been the subject of a number of other reports. Citigroup began coverage on Nexa Resources in a research note on Tuesday, September 16th. They set a “neutral” rating and a $5.50 price target for the company. JPMorgan Chase & Co. raised their price objective on shares of Nexa Resources from $6.50 to $7.00 and gave the company a “neutral” rating in a research report on Friday, October 17th. Weiss Ratings restated a “sell (e+)” rating on shares of Nexa Resources in a report on Wednesday, October 8th. Finally, Morgan Stanley downgraded shares of Nexa Resources from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $7.00 to $5.00 in a report on Tuesday, July 15th. Five equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $6.14.

Nexa Resources Stock Down 1.5%

NEXA opened at $5.49 on Thursday. Nexa Resources has a fifty-two week low of $4.44 and a fifty-two week high of $9.61. The business has a 50-day moving average of $5.14 and a 200-day moving average of $5.14. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.99 and a quick ratio of 0.64. The company has a market capitalization of $726.43 million, a PE ratio of -8.07 and a beta of 0.77.

Nexa Resources (NYSE:NEXA) last announced its quarterly earnings data on Thursday, October 30th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.13). Nexa Resources had a negative return on equity of 6.54% and a negative net margin of 3.26%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nexa Resources stock. Assenagon Asset Management S.A. bought a new position in shares of Nexa Resources S.A. (NYSE:NEXA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 11,486 shares of the company’s stock, valued at approximately $57,000.

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.