FY2025 EPS Estimates for Nexa Resources Lowered by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Research analysts at Scotiabank decreased their FY2025 EPS estimates for Nexa Resources in a research report issued on Wednesday, March 19th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $0.43 per share for the year, down from their previous estimate of $0.81. Scotiabank has a “Sector Underperform” rating and a $5.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $1.03 per share. Scotiabank also issued estimates for Nexa Resources’ FY2026 earnings at $0.22 EPS.

Nexa Resources (NYSE:NEXA) last issued its earnings results on Thursday, February 20th. The company reported ($1.00) EPS for the quarter, missing the consensus estimate of $0.20 by ($1.20). The business had revenue of $740.92 million for the quarter, compared to the consensus estimate of $731.81 million. Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%.

A number of other analysts have also recently issued reports on the company. Morgan Stanley raised Nexa Resources from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $7.50 to $7.80 in a research note on Thursday, December 12th. Bank of America decreased their price objective on shares of Nexa Resources from $8.00 to $6.50 and set an “underperform” rating for the company in a research report on Monday, March 10th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.86.

Nexa Resources Trading Down 0.7 %

NEXA opened at $5.74 on Monday. Nexa Resources has a twelve month low of $5.04 and a twelve month high of $9.61. 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 firm has a market cap of $760.20 million, a PE ratio of -3.73 and a beta of 1.50. The firm’s fifty day moving average is $5.74 and its two-hundred day moving average is $6.92.

Hedge Funds Weigh In On Nexa Resources

An institutional investor recently bought a new position in Nexa Resources stock. Virtu Financial LLC acquired a new stake in shares of Nexa Resources S.A. (NYSE:NEXA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 14,341 shares of the company’s stock, valued at approximately $126,000.

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.