FY2027 EPS Estimates for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Research analysts at Scotiabank decreased their FY2027 EPS estimates for shares of Hudbay Minerals in a research note issued on Thursday, February 26th. Scotiabank analyst O. Wowkodaw now expects that the mining company will post earnings per share of $2.34 for the year, down from their previous forecast of $2.35. Scotiabank currently has a “Outperform” rating and a $35.50 target price on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share.

Hudbay Minerals (TSE:HBM) (NYSE:HBM) last released its earnings results on Friday, February 20th. The mining company reported C$0.30 earnings per share (EPS) for the quarter. The company had revenue of C$747.72 million for the quarter. Hudbay Minerals had a net margin of 4.23% and a return on equity of 3.74%.

Several other brokerages also recently commented on HBM. ATB Cormark Capital Markets raised their target price on Hudbay Minerals from C$26.00 to C$37.50 and gave the company an “outperform” rating in a research note on Monday, February 23rd. Bank of America increased their price target on Hudbay Minerals from C$37.75 to C$44.50 in a report on Thursday. National Bank Financial cut Hudbay Minerals from an “outperform” rating to a “sector perform” rating and raised their price objective for the company from C$28.00 to C$40.00 in a research note on Thursday, January 29th. TD Securities upped their target price on Hudbay Minerals from C$17.00 to C$43.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, Canadian Imperial Bank of Commerce increased their target price on Hudbay Minerals from C$35.00 to C$42.00 in a report on Wednesday, February 4th. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of C$36.97.

Hudbay Minerals Trading Up 0.8%

HBM opened at C$38.65 on Monday. The company has a fifty day moving average price of C$32.52 and a two-hundred day moving average price of C$25.11. Hudbay Minerals has a 1-year low of C$8.49 and a 1-year high of C$38.94. The company has a market cap of C$15.31 billion, a P/E ratio of 33.32, a price-to-earnings-growth ratio of 3.97 and a beta of 2.16. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39.

About Hudbay Minerals

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining jurisdictions of Canada, Peru and the United States. Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the Company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum.