FY2027 EPS Estimates for Hudbay Minerals Lifted by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Stock analysts at Stifel Canada upped their FY2027 earnings per share estimates for Hudbay Minerals in a report released on Monday, December 16th. Stifel Canada analyst C. Mcgill now forecasts that the mining company will post earnings of $1.34 per share for the year, up from their prior estimate 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.

A number of other brokerages also recently commented on HBM. Jefferies Financial Group boosted their price objective on Hudbay Minerals from C$14.00 to C$15.00 in a research report on Friday, October 4th. Scotiabank boosted their price target on shares of Hudbay Minerals from C$14.50 to C$15.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 8th. National Bankshares boosted their price objective on shares of Hudbay Minerals from C$15.50 to C$16.75 and gave the stock an “outperform” rating in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada lowered their target price on shares of Hudbay Minerals from C$18.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, September 10th. Twelve research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Hudbay Minerals currently has a consensus rating of “Buy” and a consensus price target of C$15.54.

Hudbay Minerals Stock Performance

Shares of Hudbay Minerals stock opened at C$11.84 on Thursday. The company has a debt-to-equity ratio of 49.37, a current ratio of 1.87 and a quick ratio of 0.85. Hudbay Minerals has a 12 month low of C$6.72 and a 12 month high of C$14.33. The stock has a market capitalization of C$4.66 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 3.97 and a beta of 1.83. The business has a 50-day moving average of C$12.63 and a 200 day moving average of C$11.91.

Insider Buying and Selling at Hudbay Minerals

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

About Hudbay Minerals

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.