Q1 Earnings Estimate for Ero Copper Issued By Raymond James

Ero Copper Corp. (NYSE:ERO - Free Report) - Analysts at Raymond James reduced their Q1 2025 EPS estimates for shares of Ero Copper in a research note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will earn $0.18 per share for the quarter, down from their previous forecast of $0.19. Raymond James has a "Outperform" rating on the stock. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share. Raymond James also issued estimates for Ero Copper's Q2 2025 earnings at $0.67 EPS and Q4 2025 earnings at $0.81 EPS.

Several other research analysts have also issued reports on ERO. TD Cowen raised Ero Copper from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. BMO Capital Markets began coverage on Ero Copper in a report on Wednesday. They issued an "outperform" rating on the stock. TD Securities upgraded shares of Ero Copper from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 12th. Finally, Desjardins began coverage on shares of Ero Copper in a research note on Friday, April 4th. They issued a "hold" rating on the stock. Two equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $26.33.

Ero Copper Trading Down 0.0 %

ERO traded down $0.01 during trading on Friday, reaching $10.93. 265,307 shares of the company's stock were exchanged, compared to its average volume of 398,785. The firm has a fifty day moving average price of $12.24 and a two-hundred day moving average price of $14.50. The stock has a market capitalization of $1.13 billion, a PE ratio of 64.26 and a beta of 1.10. Ero Copper has a one year low of $9.30 and a one year high of $24.34. The company has a current ratio of 0.68, a quick ratio of 0.45 and a debt-to-equity ratio of 0.71.

Ero Copper (NYSE:ERO - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.04). Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. The firm had revenue of $122.50 million during the quarter, compared to the consensus estimate of $183.26 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ERO. State of Wyoming acquired a new position in shares of Ero Copper during the fourth quarter valued at about $76,000. Synergy Asset Management LLC acquired a new position in Ero Copper during the 4th quarter worth approximately $78,000. Northwest & Ethical Investments L.P. boosted its holdings in Ero Copper by 19.1% in the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company's stock worth $88,000 after acquiring an additional 1,050 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in Ero Copper in the fourth quarter valued at approximately $125,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of Ero Copper by 128.4% during the fourth quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company's stock valued at $143,000 after acquiring an additional 6,000 shares in the last quarter. 71.30% of the stock is owned by institutional investors.

About Ero Copper

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.