FY2026 EPS Forecast for Hudbay Minerals Increased by Analyst

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

Separately, StockNews.com raised shares of Hudbay Minerals from a “hold” rating to a “buy” rating in a report on Friday, November 15th. Five investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, Hudbay Minerals has a consensus rating of “Buy” and an average target price of $11.17.

Hudbay Minerals Stock Down 0.5 %

HBM stock opened at $8.77 on Friday. The stock has a market capitalization of $3.45 billion, a PE ratio of 38.13 and a beta of 1.76. Hudbay Minerals has a 52 week low of $4.94 and a 52 week high of $10.49. 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 firm has a 50 day moving average of $8.74 and a 200 day moving average of $8.54.

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

Institutional Trading of Hudbay Minerals

Large investors have recently made changes to their positions in the business. Northwest & Ethical Investments L.P. lifted its position in Hudbay Minerals by 0.8% during the third 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 lifted its holdings in shares of Hudbay Minerals by 0.4% in the 3rd quarter. Van ECK Associates Corp now owns 451,628 shares of the mining company’s stock valued at $4,213,000 after buying an additional 1,960 shares during the period. MQS Management LLC lifted its holdings in shares of Hudbay Minerals by 8.2% in the 3rd quarter. MQS Management LLC now owns 34,231 shares of the mining company’s stock valued at $315,000 after buying an additional 2,592 shares during the period. FMR LLC boosted its stake in shares of Hudbay Minerals by 0.7% in the third quarter. FMR LLC now owns 354,392 shares of the mining company’s stock worth $3,260,000 after buying an additional 2,624 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new stake in Hudbay Minerals during the third quarter worth about $28,000. 57.82% of the stock is owned by hedge funds and other institutional investors.

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.