What is Raymond James' Forecast for Ero Copper Q3 Earnings?

Ero Copper Corp. (NYSE:ERO - Free Report) - Investment analysts at Raymond James lowered their Q3 2025 earnings estimates for Ero Copper in a research note issued on Thursday, February 6th. Raymond James analyst F. Hamed now anticipates that the company will post earnings per share of $0.83 for the quarter, down from their prior estimate of $0.87. The consensus estimate for Ero Copper's current full-year earnings is $0.91 per share.

ERO has been the subject of a number of other reports. TD Cowen upgraded Ero Copper from a "hold" rating to a "buy" rating in a research note on Wednesday. StockNews.com upgraded shares of Ero Copper from a "sell" rating to a "hold" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group started coverage on shares of Ero Copper in a research report on Monday, December 2nd. They issued a "buy" rating and a $19.00 price objective for the company. One investment analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Ero Copper has a consensus rating of "Buy" and an average target price of $26.33.

Ero Copper Stock Up 7.5 %

NYSE:ERO traded up $0.99 on Monday, hitting $14.16. 510,334 shares of the company's stock were exchanged, compared to its average volume of 498,073. The company has a market cap of $1.47 billion, a P/E ratio of 83.29 and a beta of 1.14. The firm has a 50-day moving average price of $13.78 and a 200-day moving average price of $17.25. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.68 and a quick ratio of 0.45. Ero Copper has a 52 week low of $12.70 and a 52 week high of $24.34.

Institutional Investors Weigh In On Ero Copper

A number of institutional investors have recently made changes to their positions in the company. Invesco Ltd. increased its holdings in shares of Ero Copper by 22.6% during the fourth quarter. Invesco Ltd. now owns 3,890,977 shares of the company's stock worth $52,450,000 after purchasing an additional 715,999 shares during the period. Bridgewater Associates LP raised its position in Ero Copper by 400.2% in the fourth quarter. Bridgewater Associates LP now owns 818,269 shares of the company's stock valued at $11,026,000 after purchasing an additional 654,684 shares during the last quarter. Boston Partners grew its holdings in shares of Ero Copper by 66.9% during the fourth quarter. Boston Partners now owns 1,101,265 shares of the company's stock worth $14,850,000 after purchasing an additional 441,413 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in Ero Copper in the fourth quarter valued at $3,509,000. Finally, Impala Asset Management LLC increased its stake in shares of Ero Copper by 12.7% in the third quarter. Impala Asset Management LLC now owns 2,209,610 shares of the company's stock valued at $49,208,000 after buying an additional 248,390 shares during the period. Institutional investors own 71.30% of the company's stock.

Ero Copper Company Profile

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.