Hudbay Minerals FY2025 EPS Forecast Reduced by Stifel Canada

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Equities researchers at Stifel Canada dropped their FY2025 earnings estimates for Hudbay Minerals in a research note issued on Thursday, January 23rd. Stifel Canada analyst C. Mcgill now expects that the mining company will post earnings per share of $1.03 for the year, down from their prior forecast of $1.05. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.54 per share.

Hudbay Minerals (NYSE:HBM) (TSE:HBM) last released its earnings results on Wednesday, November 13th. The mining company reported $0.13 earnings per share (EPS) for the quarter, topping 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 return on equity of 7.44% and a net margin of 4.23%. The company’s revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.07 EPS.

Separately, StockNews.com downgraded shares of Hudbay Minerals from a “buy” rating to a “hold” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $11.17.

Hudbay Minerals Trading Up 1.5 %

NYSE:HBM opened at $8.60 on Friday. The company has a market cap of $3.39 billion, a P/E ratio of 37.37 and a beta of 1.76. Hudbay Minerals has a twelve month low of $4.94 and a twelve month high of $10.49. The business has a 50 day moving average price of $8.67 and a two-hundred day moving average price of $8.49. The company has a quick ratio of 1.47, a current ratio of 1.86 and a debt-to-equity ratio of 0.44.

Institutional Trading of Hudbay Minerals

Large investors have recently added to or reduced their stakes in the company. Cibc World Market Inc. raised its stake in Hudbay Minerals by 4.3% in the fourth quarter. Cibc World Market Inc. now owns 1,879,561 shares of the mining company’s stock valued at $15,240,000 after buying an additional 78,267 shares during the period. First Affirmative Financial Network raised its stake in Hudbay Minerals by 39.2% in the 4th quarter. First Affirmative Financial Network now owns 15,563 shares of the mining company’s stock valued at $126,000 after acquiring an additional 4,386 shares during the period. Blue Trust Inc. lifted its holdings in Hudbay Minerals by 83.8% during the 4th quarter. Blue Trust Inc. now owns 46,749 shares of the mining company’s stock valued at $379,000 after purchasing an additional 21,310 shares during the last quarter. Ballentine Partners LLC boosted its position in Hudbay Minerals by 32.1% during the fourth quarter. Ballentine Partners LLC now owns 20,820 shares of the mining company’s stock worth $169,000 after purchasing an additional 5,064 shares during the period. Finally, Strong Tower Advisory Services increased its holdings in shares of Hudbay Minerals by 5.5% in the fourth quarter. Strong Tower Advisory Services now owns 65,230 shares of the mining company’s stock valued at $528,000 after purchasing an additional 3,388 shares during the last quarter. Institutional investors and hedge funds 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.