Scotiabank Weighs in on Nexa Resources FY2026 Earnings

Nexa Resources S.A. (NYSE:NEXA) – Scotiabank issued their FY2026 earnings per share estimates for Nexa Resources in a report issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw anticipates that the company will earn $0.76 per share for the year. Scotiabank currently has a “Sector Underperform” rating and a $7.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is ($0.08) per share.

Separately, Morgan Stanley upgraded Nexa Resources from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $7.50 to $7.80 in a research report on Thursday, December 12th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $7.56.

Nexa Resources Stock Performance

Shares of NEXA opened at $6.92 on Thursday. Nexa Resources has a 52-week low of $5.10 and a 52-week high of $9.61. The stock’s 50-day simple moving average is $7.87 and its 200 day simple moving average is $7.38. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. The stock has a market capitalization of $916.48 million, a price-to-earnings ratio of -4.58 and a beta of 1.48.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nexa Resources stock. Renaissance Technologies LLC lifted its stake in shares of Nexa Resources S.A. (NYSE:NEXA) by 3.7% in the second quarter, according to its most recent filing with the SEC. The fund owned 341,792 shares of the company’s stock after acquiring an additional 12,092 shares during the period. Renaissance Technologies LLC owned approximately 0.26% of Nexa Resources worth $2,611,000 as of its most recent SEC filing.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.