Brokers Set Expectations for Nexa Resources FY2026 Earnings

Nexa Resources S.A. (NYSE:NEXA - Free Report) - Equities research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for Nexa Resources in a research note issued on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw anticipates that the company will post earnings of $0.76 per share for the year. Scotiabank currently has a "Sector Underperform" rating and a $7.00 target price on the stock. The consensus estimate for Nexa Resources' current full-year earnings is ($0.08) per share.

Separately, Morgan Stanley upgraded shares of Nexa Resources from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $7.50 to $7.80 in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, Nexa Resources presently has a consensus rating of "Hold" and a consensus target price of $7.56.

Nexa Resources Stock Performance

NYSE NEXA traded up $0.33 on Thursday, reaching $6.92. The stock had a trading volume of 61,140 shares, compared to its average volume of 142,528. The stock has a market cap of $916.48 million, a P/E ratio of -4.58 and a beta of 1.48. Nexa Resources has a 12-month low of $5.10 and a 12-month high of $9.61. The business's 50-day moving average price is $7.89 and its 200 day moving average price is $7.38. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13.

Hedge Funds Weigh In On Nexa Resources

An institutional investor recently raised its position in Nexa Resources stock. Renaissance Technologies LLC grew its position in Nexa Resources S.A. (NYSE:NEXA - Free Report) by 3.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 341,792 shares of the company's stock after acquiring an additional 12,092 shares during the period. Renaissance Technologies LLC owned about 0.26% of Nexa Resources worth $2,611,000 at the end of the most recent quarter.

About Nexa Resources

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.