FY2025 EPS Forecast for Hudbay Minerals Reduced by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Equities research analysts at Scotiabank decreased their FY2025 earnings estimates for Hudbay Minerals in a research note issued on Friday, January 23rd. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will earn $0.91 per share for the year, down from their previous forecast 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 announced its earnings results on Wednesday, November 12th. The mining company reported C$0.03 EPS for the quarter. Hudbay Minerals had a net margin of 4.23% and a return on equity of 3.74%. The business had revenue of C$0.35 million during the quarter.

HBM has been the subject of several other reports. BMO Capital Markets boosted their price target on Hudbay Minerals from C$23.00 to C$24.00 in a research note on Tuesday, November 18th. UBS Group set a C$34.50 target price on Hudbay Minerals and gave the stock a “buy” rating in a report on Friday, January 9th. Bank of America upped their price target on shares of Hudbay Minerals from C$22.50 to C$26.75 in a research note on Thursday, October 16th. Desjardins raised their price target on shares of Hudbay Minerals from C$30.00 to C$36.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Citigroup set a C$23.00 price objective on shares of Hudbay Minerals and gave the company a “buy” rating in a report on Monday, December 15th. Three investment analysts have rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. Based on data from MarketBeat.com, Hudbay Minerals has an average rating of “Buy” and a consensus price target of C$29.71.

Hudbay Minerals Price Performance

Hudbay Minerals stock opened at C$34.89 on Monday. The company has a market capitalization of C$13.82 billion, a price-to-earnings ratio of 30.08, a PEG ratio of 3.97 and a beta of 2.05. The company has a current ratio of 1.86, a quick ratio of 0.85 and a debt-to-equity ratio of 46.39. Hudbay Minerals has a 12 month low of C$8.49 and a 12 month high of C$36.25. The stock’s 50 day moving average is C$27.06 and its 200-day moving average is C$21.43.

Hudbay Minerals Company Profile

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.