Hudbay Minerals Inc. (NYSE:HBM - Free Report) TSE: HBM - Stock analysts at Raymond James decreased their Q1 2025 EPS estimates for Hudbay Minerals in a research report issued to clients and investors on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the mining company will earn $0.06 per share for the quarter, down from their previous forecast of $0.09. The consensus estimate for Hudbay Minerals' current full-year earnings is $0.79 per share.
Hudbay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last announced its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.02). Hudbay Minerals had a return on equity of 7.29% and a net margin of 3.80%. The business had revenue of $584.90 million for the quarter, compared to analyst estimates of $588.28 million. During the same period last year, the firm earned $0.20 EPS. Hudbay Minerals's quarterly revenue was down 2.9% compared to the same quarter last year.
Other equities research analysts also recently issued research reports about the company. Desjardins started coverage on Hudbay Minerals in a report on Friday, April 4th. They set a "buy" rating for the company. StockNews.com raised shares of Hudbay Minerals from a "hold" rating to a "buy" rating in a report on Friday, February 7th. Stifel Canada raised Hudbay Minerals to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, BMO Capital Markets assumed coverage on shares of Hudbay Minerals in a research note on Wednesday, April 16th. They issued an "outperform" rating on the stock. Four research 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, Hudbay Minerals presently has a consensus rating of "Buy" and a consensus target price of $14.00.
Read Our Latest Analysis on HBM
Hudbay Minerals Stock Performance
HBM traded up $0.21 on Thursday, reaching $7.14. The company had a trading volume of 1,728,562 shares, compared to its average volume of 7,346,186. The company's fifty day moving average is $7.44 and its 200 day moving average is $8.35. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.47 and a current ratio of 1.86. The stock has a market cap of $2.82 billion, a P/E ratio of 39.64 and a beta of 1.62. Hudbay Minerals has a fifty-two week low of $5.95 and a fifty-two week high of $10.49.
Hedge Funds Weigh In On Hudbay Minerals
Several institutional investors have recently made changes to their positions in HBM. Tower Research Capital LLC TRC grew its stake in Hudbay Minerals by 9,877.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company's stock valued at $25,000 after acquiring an additional 3,062 shares during the period. Algert Global LLC acquired a new position in Hudbay Minerals during the fourth quarter worth $86,000. Plato Investment Management Ltd acquired a new position in shares of Hudbay Minerals during the fourth quarter valued at about $95,000. Hsbc Holdings PLC bought a new position in Hudbay Minerals in the 4th quarter valued at about $97,000. Finally, Advisory Services Network LLC bought a new stake in Hudbay Minerals during the 4th quarter worth approximately $101,000. Institutional investors and hedge funds own 57.82% of the company's stock.
Hudbay Minerals Increases Dividend
The business also recently announced a semi-annual dividend, which was paid on Friday, March 21st. Investors of record on Tuesday, March 4th were given a dividend of $0.007 per share. This represents a dividend yield of 0.2%. The ex-dividend date of this dividend was Tuesday, March 4th. This is an increase from Hudbay Minerals's previous semi-annual dividend of $0.01. Hudbay Minerals's payout ratio is presently 5.56%.
About Hudbay Minerals
(
Get Free Report)
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.
Recommended Stories
Before you consider Hudbay Minerals, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hudbay Minerals wasn't on the list.
While Hudbay Minerals currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
