FY2025 EPS Forecast for Nexa Resources Boosted by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Equities researchers at Scotiabank upped their FY2025 earnings estimates for shares of Nexa Resources in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $0.96 per share for the year, up from their previous estimate of $0.94. Scotiabank currently has a “Sector Perform” rating 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 $2.34 EPS.

NEXA has been the subject of a number of other reports. Morgan Stanley set a $7.70 price target on shares of Nexa Resources and gave the company an “underweight” rating in a research report on Monday, December 15th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Nexa Resources in a report on Monday, December 29th. Wall Street Zen raised Nexa Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 7th. JPMorgan Chase & Co. raised their price target on Nexa Resources from $6.50 to $7.00 and gave the company a “neutral” rating in a research report on Friday, October 17th. Finally, Citigroup lifted their price target on Nexa Resources from $5.50 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 3rd. Six analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $7.74.

Nexa Resources Stock Performance

NEXA stock opened at $11.89 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.91 and a quick ratio of 0.60. The company’s 50-day moving average price is $10.56 and its 200 day moving average price is $7.19. Nexa Resources has a 52 week low of $4.44 and a 52 week high of $14.94.

Institutional Trading of Nexa Resources

Large investors have recently made changes to their positions in the stock. GSA Capital Partners LLP raised its stake in Nexa Resources by 7.5% in the 3rd quarter. GSA Capital Partners LLP now owns 35,753 shares of the company’s stock valued at $178,000 after purchasing an additional 2,504 shares during the last quarter. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Nexa Resources during the fourth quarter worth about $36,000. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Nexa Resources during the fourth quarter worth about $44,000. New York State Common Retirement Fund acquired a new position in shares of Nexa Resources in the fourth quarter valued at approximately $83,000. Finally, Assenagon Asset Management S.A. purchased a new position in shares of Nexa Resources during the third quarter valued at approximately $57,000.

About Nexa Resources

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.