FY2027 EPS Estimates for Hudbay Minerals Boosted by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Analysts at Stifel Canada raised their FY2027 earnings estimates for Hudbay Minerals in a note issued to investors on Monday, December 16th. Stifel Canada analyst C. Mcgill now forecasts that the mining company will earn $1.34 per share for the year, up from their prior forecast of $1.33. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals’ FY2028 earnings at $1.54 EPS.

Several other equities analysts have also issued reports on the stock. Jefferies Financial Group lifted their price objective on shares of Hudbay Minerals from C$14.00 to C$15.00 in a report on Friday, October 4th. Scotiabank boosted their price target on Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. National Bankshares raised their price objective on Hudbay Minerals from C$15.50 to C$16.75 and gave the company an “outperform” rating in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada cut their target price on Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 10th. Twelve equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of C$15.54.

Hudbay Minerals Trading Up 0.4 %

TSE HBM opened at C$11.40 on Thursday. The company’s 50-day simple moving average is C$12.63 and its two-hundred day simple moving average is C$11.91. Hudbay Minerals has a one year low of C$6.72 and a one year high of C$14.33. The company has a market capitalization of C$4.49 billion, a price-to-earnings ratio of 30.81, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The company has a debt-to-equity ratio of 49.37, a quick ratio of 0.85 and a current ratio of 1.87.

Insiders Place Their Bets

In other Hudbay Minerals news, Senior Officer Robert Alan Carter sold 8,014 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$13.24, for a total transaction of C$106,105.36. 0.07% of the stock is owned by insiders.

Hudbay Minerals Company Profile

Hudbay Minerals Inc, a diversified mining company, focuses on the exploration, development, operation, and optimization of properties in North and South America. It produces copper concentrates containing gold, silver, and molybdenum; gold concentrates containing zinc; zinc concentrates; molybdenum concentrates; and silver/gold doré.