FY2026 EPS Estimates for Hudbay Minerals Boosted by Analyst

Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Scotiabank raised their FY2026 EPS estimates for shares of Hudbay Minerals in a note issued to investors on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw now forecasts that the mining company will post earnings per share of $0.54 for the year, up from their previous forecast of $0.34. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.55 per share.

Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last issued its quarterly earnings data on Wednesday, November 13th. The mining company reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.09. Hudbay Minerals had a net margin of 4.23% and a return on equity of 7.44%. The firm had revenue of $485.80 million during the quarter, compared to analysts' expectations of $454.47 million. During the same period last year, the company earned $0.07 earnings per share. The business's revenue was up 1.1% on a year-over-year basis.

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

Hudbay Minerals Stock Performance

Shares of NYSE HBM traded down $0.04 during midday trading on Friday, hitting $8.77. The company's stock had a trading volume of 5,221,828 shares, compared to its average volume of 5,356,055. The stock has a fifty day moving average price of $8.74 and a 200 day moving average price of $8.54. Hudbay Minerals has a one year low of $4.94 and a one year high of $10.49. The firm has a market capitalization of $3.45 billion, a price-to-earnings ratio of 38.13 and a beta of 1.76. The company has a current ratio of 1.86, a quick ratio of 1.47 and a debt-to-equity ratio of 0.44.

Institutional Trading of Hudbay Minerals

Several large investors have recently added to or reduced their stakes in HBM. Northwest & Ethical Investments L.P. boosted its stake in shares of Hudbay Minerals by 0.8% in 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 grew 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 worth $4,213,000 after acquiring an additional 1,960 shares during the period. MQS Management LLC lifted its stake in 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 in the last quarter. FMR LLC raised its holdings in Hudbay Minerals by 0.7% in the 3rd quarter. FMR LLC now owns 354,392 shares of the mining company's stock valued at $3,260,000 after acquiring an additional 2,624 shares during the last quarter. Finally, Prospera Private Wealth LLC acquired a new position in shares of Hudbay Minerals in the 3rd quarter valued at $28,000. Hedge funds and other institutional investors own 57.82% of the company's stock.

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.