Hudbay Minerals FY2026 EPS Forecast Increased by Scotiabank

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities research analysts at Scotiabank increased their FY2026 EPS estimates for Hudbay Minerals in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now anticipates that the mining company will post earnings per share of $0.54 for the year, up from their previous estimate of $0.34. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.55 per share.

Separately, StockNews.com upgraded shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a research note on Friday, November 15th. Five research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $11.17.

Hudbay Minerals Price Performance

NYSE HBM opened at $8.77 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $3.45 billion, a PE ratio of 38.13 and a beta of 1.76. The company has a 50 day moving average price of $8.73 and a two-hundred day moving average price of $8.54. Hudbay Minerals has a 12-month low of $4.94 and a 12-month high of $10.49.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last posted its earnings results on Wednesday, November 13th. The mining company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.09. The firm had revenue of $485.80 million during the quarter, compared to analysts’ expectations of $454.47 million. Hudbay Minerals had a net margin of 4.23% and a return on equity of 7.44%. The company’s revenue was up 1.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.07 earnings per share.

Institutional Trading of Hudbay Minerals

Several hedge funds have recently added to or reduced their stakes in the business. Northwest & Ethical Investments L.P. boosted its stake in Hudbay Minerals by 0.8% during the 3rd quarter. Northwest & Ethical Investments L.P. now owns 197,289 shares of the mining company’s stock valued at $1,815,000 after purchasing an additional 1,487 shares during the period. Van ECK Associates Corp boosted its stake in Hudbay Minerals by 0.4% during the 3rd quarter. Van ECK Associates Corp now owns 451,628 shares of the mining company’s stock valued at $4,213,000 after purchasing an additional 1,960 shares during the period. MQS Management LLC boosted its stake in Hudbay Minerals by 8.2% during the 3rd quarter. MQS Management LLC now owns 34,231 shares of the mining company’s stock valued at $315,000 after purchasing an additional 2,592 shares during the period. FMR LLC boosted its stake in Hudbay Minerals by 0.7% during the 3rd quarter. FMR LLC now owns 354,392 shares of the mining company’s stock valued at $3,260,000 after purchasing an additional 2,624 shares during the period. Finally, Prospera Private Wealth LLC bought a new stake in Hudbay Minerals during the 3rd quarter valued at approximately $28,000. Institutional investors own 57.82% of the company’s stock.

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.