FY2025 EPS Forecast for Hudbay Minerals Decreased by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Scotiabank cut their FY2025 EPS estimates for shares of Hudbay Minerals in a research report issued on Friday, January 23rd. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings per share of $0.91 for the year, down from their previous estimate of $1.08. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Scotiabank also issued estimates for Hudbay Minerals’ FY2027 earnings at $1.41 EPS.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last issued its quarterly earnings results on Wednesday, November 12th. The mining company reported C$0.03 EPS for the quarter. The company had revenue of C$0.35 million for the quarter. Hudbay Minerals had a net margin of 4.23% and a return on equity of 3.74%.

A number of other equities research analysts have also issued reports on HBM. Jefferies Financial Group raised their price target on Hudbay Minerals from C$31.00 to C$37.00 in a research note on Monday, January 19th. TD Securities increased their target price on Hudbay Minerals from C$17.00 to C$43.00 and gave the stock a “buy” rating in a research note on Thursday. National Bankshares boosted their target price on shares of Hudbay Minerals from C$22.00 to C$25.00 in a research note on Wednesday, October 8th. BMO Capital Markets boosted their target price on shares of Hudbay Minerals from C$23.00 to C$24.00 in a research note on Tuesday, November 18th. Finally, Stifel Nicolaus raised their price target on shares of Hudbay Minerals from C$20.00 to C$28.00 in a research note on Tuesday, October 21st. Three equities research analysts have rated the stock with a Strong Buy rating and nine have issued a Buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$27.90.

Hudbay Minerals Stock Up 2.9%

Shares of TSE:HBM opened at C$34.24 on Monday. The firm has a market capitalization of C$13.56 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 3.97 and a beta of 2.05. The business has a 50 day simple moving average of C$26.79 and a two-hundred day simple moving average of C$21.28. Hudbay Minerals has a 1 year low of C$8.49 and a 1 year high of C$35.10. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.

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. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company’s revenue is attributable to the copper business.