Raymond James Has Bearish Outlook for Ero Copper Q3 Earnings

Ero Copper Corp. (NYSE:ERO) – Stock analysts at Raymond James cut their Q3 2025 earnings estimates for Ero Copper in a research note issued to investors on Thursday, February 6th. Raymond James analyst F. Hamed now forecasts that the company will post earnings of $0.83 per share for the quarter, down from their prior forecast of $0.87. The consensus estimate for Ero Copper’s current full-year earnings is $0.91 per share.

ERO has been the topic of several other research reports. StockNews.com raised Ero Copper from a “sell” rating to a “hold” rating in a research report on Friday, October 25th. The Goldman Sachs Group initiated coverage on shares of Ero Copper in a report on Monday, December 2nd. They set a “buy” rating and a $19.00 target price on the stock. One analyst has rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $26.33.

Ero Copper Price Performance

NYSE:ERO opened at $13.89 on Monday. Ero Copper has a 52-week low of $12.78 and a 52-week high of $24.34. The company has a market cap of $1.44 billion, a P/E ratio of 81.68 and a beta of 1.14. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. The stock’s 50-day simple moving average is $13.89 and its 200 day simple moving average is $17.36.

Institutional Investors Weigh In On Ero Copper

Large investors have recently added to or reduced their stakes in the business. Sentry Investment Management LLC increased its holdings in shares of Ero Copper by 5.8% in the fourth quarter. Sentry Investment Management LLC now owns 21,716 shares of the company’s stock valued at $293,000 after purchasing an additional 1,188 shares during the last quarter. Swiss National Bank boosted its holdings in shares of Ero Copper by 0.6% during the 4th quarter. Swiss National Bank now owns 194,100 shares of the company’s stock worth $2,616,000 after buying an additional 1,200 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Ero Copper by 6.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,408 shares of the company’s stock worth $522,000 after buying an additional 1,475 shares during the period. Exchange Traded Concepts LLC acquired a new position in Ero Copper in the 3rd quarter valued at about $38,000. Finally, Keybank National Association OH raised its holdings in Ero Copper by 8.0% in the 4th quarter. Keybank National Association OH now owns 26,120 shares of the company’s stock valued at $352,000 after acquiring an additional 1,946 shares during the period. Institutional investors own 71.30% of the company’s stock.

About Ero Copper

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.