FY2026 EPS Estimate for HudBay Minerals Boosted by Analyst

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Investment analysts at Haywood Securities boosted their FY2026 EPS estimates for HudBay Minerals in a report issued on Tuesday, November 18th. Haywood Securities analyst P. Vaillancourt now expects that the mining company will earn $1.09 per share for the year, up from their prior forecast of $1.02. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. Haywood Securities also issued estimates for HudBay Minerals’ FY2027 earnings at $1.56 EPS, FY2028 earnings at $1.19 EPS and FY2029 earnings at $1.00 EPS.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last issued its quarterly earnings results on Wednesday, November 12th. The mining company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). HudBay Minerals had a return on equity of 10.73% and a net margin of 13.13%.The firm had revenue of $346.80 million for the quarter, compared to the consensus estimate of $538.16 million. During the same period last year, the company posted $0.13 EPS. The business’s revenue was down 28.6% on a year-over-year basis.

Several other brokerages also recently weighed in on HBM. Raymond James Financial restated an “outperform” rating on shares of HudBay Minerals in a research report on Friday, October 10th. Zacks Research downgraded HudBay Minerals from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 11th. Weiss Ratings restated a “buy (b-)” rating on shares of HudBay Minerals in a research note on Wednesday, October 8th. The Goldman Sachs Group assumed coverage on shares of HudBay Minerals in a report on Monday, September 8th. They set a “buy” rating on the stock. Finally, Bank of America upped their price objective on shares of HudBay Minerals from $16.50 to $19.50 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $19.50.

HudBay Minerals Price Performance

Shares of HBM traded up $0.21 during midday trading on Thursday, hitting $15.69. The company’s stock had a trading volume of 462,025 shares, compared to its average volume of 7,291,255. HudBay Minerals has a one year low of $5.95 and a one year high of $17.73. The company’s fifty day simple moving average is $15.49 and its two-hundred day simple moving average is $11.93. The company has a quick ratio of 0.86, a current ratio of 1.03 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $6.22 billion, a price-to-earnings ratio of 21.44 and a beta of 1.58.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. GMT Capital Corp acquired a new position in HudBay Minerals in the 2nd quarter valued at approximately $337,809,000. Hancock Prospecting Pty Ltd bought a new stake in shares of HudBay Minerals in the second quarter worth $154,359,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of HudBay Minerals in the third quarter worth $123,736,000. Picton Mahoney Asset Management acquired a new stake in HudBay Minerals in the second quarter valued at $61,432,000. Finally, Norges Bank bought a new position in HudBay Minerals during the 2nd quarter worth $60,053,000. 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.