Raymond James Has Bearish Outlook for Ero Copper Q2 Earnings

Ero Copper Corp. (NYSE:ERO - Free Report) - Research analysts at Raymond James lowered their Q2 2025 EPS estimates for shares of Ero Copper in a research report issued to clients and investors on Tuesday, February 11th. Raymond James analyst F. Hamed now expects that the company will earn $0.38 per share for the quarter, down from their previous estimate of $0.53. The consensus estimate for Ero Copper's current full-year earnings is $0.91 per share. Raymond James also issued estimates for Ero Copper's Q4 2025 earnings at $0.87 EPS and FY2025 earnings at $2.16 EPS.

Several other equities research analysts have also recently issued reports on ERO. The Goldman Sachs Group assumed 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. StockNews.com raised shares of Ero Copper from a "sell" rating to a "hold" rating in a research report on Friday, October 25th. TD Cowen raised shares of Ero Copper from a "hold" rating to a "buy" rating in a research report on Wednesday, February 12th. Finally, TD Securities raised shares of Ero Copper from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $26.33.

Ero Copper Trading Down 0.8 %

Ero Copper stock traded down $0.12 during trading hours on Friday, hitting $14.34. The company had a trading volume of 351,536 shares, compared to its average volume of 504,598. The firm has a market cap of $1.48 billion, a P/E ratio of 84.32 and a beta of 1.14. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.45 and a current ratio of 0.68. Ero Copper has a 1 year low of $12.70 and a 1 year high of $24.34. The company has a 50-day moving average price of $13.77 and a two-hundred day moving average price of $17.14.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Northwest & Ethical Investments L.P. increased its stake in Ero Copper by 19.1% during the 4th quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company's stock valued at $88,000 after purchasing an additional 1,050 shares in the last quarter. Sentry Investment Management LLC increased its stake in Ero Copper by 5.8% during the 4th quarter. Sentry Investment Management LLC now owns 21,716 shares of the company's stock valued at $293,000 after purchasing an additional 1,188 shares in the last quarter. Swiss National Bank increased its stake in Ero Copper by 0.6% during the 4th quarter. Swiss National Bank now owns 194,100 shares of the company's stock valued at $2,616,000 after purchasing an additional 1,200 shares in the last quarter. BTG Pactual Asset Management US LLC increased its stake in Ero Copper by 12.6% during the 4th quarter. BTG Pactual Asset Management US LLC now owns 13,173 shares of the company's stock valued at $178,000 after purchasing an additional 1,473 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Ero Copper by 6.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,408 shares of the company's stock valued at $522,000 after purchasing an additional 1,475 shares in the last quarter. Institutional investors and hedge funds own 71.30% of the company's stock.

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.