FY2026 EPS Estimates for Nexa Resources Decreased by Analyst

Nexa Resources S.A. (NYSE:NEXA - Free Report) - Research analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Nexa Resources in a research report issued on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now anticipates that the company will earn $0.21 per share for the year, down from their previous forecast of $0.22. Scotiabank has a "Sector Underperform" rating and a $4.50 price objective on the stock. The consensus estimate for Nexa Resources' current full-year earnings is $1.03 per share.

Nexa Resources (NYSE:NEXA - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($1.00) EPS for the quarter, missing the consensus estimate of $0.20 by ($1.20). Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. The firm had revenue of $740.92 million during the quarter, compared to the consensus estimate of $731.81 million.

NEXA has been the topic of several other research reports. BMO Capital Markets initiated coverage on shares of Nexa Resources in a report on Wednesday. They set a "market perform" rating and a $6.00 price objective on the stock. Bank of America reduced their price objective on shares of Nexa Resources from $8.00 to $6.50 and set an "underperform" rating for the company in a research note on Monday, March 10th.

Nexa Resources Trading Up 1.1 %

Shares of NYSE:NEXA traded up $0.07 during mid-day trading on Wednesday, reaching $6.11. 4,065 shares of the company's stock were exchanged, compared to its average volume of 48,049. The business's fifty day moving average price is $5.68 and its 200-day moving average price is $6.81. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. The firm has a market capitalization of $808.54 million, a price-to-earnings ratio of -3.96 and a beta of 1.09. Nexa Resources has a twelve month low of $5.04 and a twelve month high of $9.61.

Institutional Trading of Nexa Resources

A hedge fund recently raised its stake in Nexa Resources stock. Dimensional Fund Advisors LP raised its holdings in Nexa Resources S.A. (NYSE:NEXA - Free Report) by 1.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 628,414 shares of the company's stock after purchasing an additional 7,220 shares during the quarter. Dimensional Fund Advisors LP owned 0.47% of Nexa Resources worth $5,531,000 at the end of the most recent reporting period.

Nexa Resources Company Profile

Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.