Haywood Securities Estimates HudBay Minerals FY2025 Earnings

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Stock analysts at Haywood Securities cut their FY2025 earnings per share (EPS) estimates for shares of HudBay Minerals in a report released on Tuesday, November 18th. Haywood Securities analyst P. Vaillancourt now expects that the mining company will post earnings per share of $0.72 for the year, down from their prior forecast of $0.90. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last announced its earnings results on Wednesday, November 12th. The mining company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.03). HudBay Minerals had a net margin of 13.13% and a return on equity of 10.73%. The business had revenue of $346.80 million for the quarter, compared to analyst estimates of $538.16 million. During the same period in the prior year, the company earned $0.13 earnings per share. The company’s quarterly revenue was down 28.6% on a year-over-year basis.

A number of other brokerages have also issued reports on HBM. The Goldman Sachs Group assumed coverage on shares of HudBay Minerals in a research note on Monday, September 8th. They set a “buy” rating on the stock. Scotiabank reaffirmed an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday, October 28th. Bank of America boosted their price target on HudBay Minerals from $16.50 to $19.50 and gave the company a “buy” rating in a research note on Thursday, October 16th. Wall Street Zen cut HudBay Minerals from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, National Bankshares reaffirmed an “outperform” rating on shares of HudBay Minerals in a report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $19.50.

HudBay Minerals Price Performance

Shares of HBM stock opened at $14.89 on Friday. HudBay Minerals has a fifty-two week low of $5.95 and a fifty-two week high of $17.73. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.86 and a current ratio of 1.03. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 20.40 and a beta of 1.58. The stock’s 50-day simple moving average is $15.53 and its 200-day simple moving average is $12.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Quarry LP acquired a new position in shares of HudBay Minerals in the 3rd quarter valued at $38,000. Global Retirement Partners LLC acquired a new position in shares of HudBay Minerals in the third quarter worth about $45,000. Banque Cantonale Vaudoise raised its position in shares of HudBay Minerals by 513.5% in the third quarter. Banque Cantonale Vaudoise now owns 3,172 shares of the mining company’s stock worth $48,000 after acquiring an additional 2,655 shares during the period. Kelleher Financial Advisors purchased a new stake in shares of HudBay Minerals during the 3rd quarter worth about $67,000. Finally, Jones Financial Companies Lllp grew its position in shares of 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 acquiring an additional 3,733 shares during the period. 57.82% of the stock is owned by institutional investors and hedge funds.

About HudBay Minerals

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.