Shares of Ero Copper Corp. (NYSE:ERO – Get Free Report) have earned an average recommendation of “Hold” from the four brokerages that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation. The average 1-year price objective among brokerages that have covered the stock in the last year is $24.00.
A number of analysts have commented on the stock. TheStreet raised shares of Ero Copper from a “c” rating to a “b-” rating in a report on Friday, March 8th. Pi Financial cut Ero Copper from a “buy” rating to a “neutral” rating in a research note on Friday, March 8th.
Read Our Latest Analysis on Ero Copper
Hedge Funds Weigh In On Ero Copper
Ero Copper Stock Performance
Shares of NYSE:ERO opened at $20.90 on Friday. The business has a fifty day moving average of $17.27 and a 200-day moving average of $15.57. The firm has a market cap of $2.15 billion, a PE ratio of 21.18 and a beta of 1.26. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.94 and a current ratio of 1.23. Ero Copper has a twelve month low of $11.35 and a twelve month high of $24.38.
Ero Copper (NYSE:ERO – Get Free Report) last announced its earnings results on Thursday, March 7th. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.02). Ero Copper had a return on equity of 13.16% and a net margin of 21.71%. The company had revenue of $116.41 million during the quarter, compared to the consensus estimate of $104.20 million. During the same period in the prior year, the firm posted $0.24 earnings per share. On average, equities research analysts predict that Ero Copper will post 1.49 EPS for the current fiscal year.
Ero Copper Company Profile
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.
Further Reading
- Five stocks we like better than Ero Copper
- How to Find Undervalued Stocks
- Will the Shockwave Medical Deal Be the Jolt JNJ Stock Needs?
- 3 Best Fintech Stocks for a Portfolio Boost
- The 5 Hottest CEO Stock Purchases So Far This Year
- The 3 Best Blue-Chip Stocks to Buy Now
- Institutions Think This Consumer Stock Could Break Higher
Receive News & Ratings for Ero Copper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ero Copper and related companies with MarketBeat.com's FREE daily email newsletter.