Q1 EPS Estimates for HudBay Minerals Raised by Stifel Canada

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Investment analysts at Stifel Canada increased their Q1 2026 EPS estimates for HudBay Minerals in a research note issued to investors on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now expects that the mining company will post earnings per share of $0.15 for the quarter, up from their previous estimate of $0.10. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share. Stifel Canada also issued estimates for HudBay Minerals' Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.15 EPS, Q4 2026 earnings at $0.15 EPS, Q1 2027 earnings at $0.20 EPS, Q2 2027 earnings at $0.20 EPS, FY2027 earnings at $0.81 EPS, FY2028 earnings at $0.99 EPS and FY2029 earnings at $1.18 EPS.

HudBay Minerals (NYSE:HBM - Get Free Report) TSE: HBM last released its earnings results on Monday, May 12th. The mining company reported $0.24 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.14. The firm had revenue of $594.90 million for the quarter, compared to analysts' expectations of $537.36 million. HudBay Minerals had a return on equity of 8.17% and a net margin of 7.40%. The company's quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.22 earnings per share.

Other equities analysts have also recently issued reports about the company. CIBC reaffirmed an "outperform" rating on shares of HudBay Minerals in a research report on Tuesday, July 15th. Desjardins initiated coverage on shares of HudBay Minerals in a report on Friday, April 4th. They set a "buy" rating on the stock. Veritas upgraded shares of HudBay Minerals to a "strong-buy" rating in a research note on Monday, July 7th. BMO Capital Markets started coverage on shares of HudBay Minerals in a report on Wednesday, April 16th. They set an "outperform" rating for the company. Finally, Wall Street Zen downgraded shares of HudBay Minerals from a "strong-buy" rating to a "buy" rating in a research report on Friday, July 18th. Six research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy".

HudBay Minerals Stock Down 0.6%

NYSE:HBM traded down $0.06 on Thursday, reaching $9.82. 4,658,877 shares of the stock traded hands, compared to its average volume of 7,351,419. The company has a current ratio of 2.32, a quick ratio of 1.92 and a debt-to-equity ratio of 0.42. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 25.91, a PEG ratio of 0.26 and a beta of 1.63. HudBay Minerals has a 12 month low of $5.95 and a 12 month high of $11.13. The company's fifty day simple moving average is $9.80 and its 200 day simple moving average is $8.50.

Institutional Investors Weigh In On HudBay Minerals

Hedge funds and other institutional investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC increased its position in shares of HudBay Minerals by 9,877.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company's stock valued at $25,000 after purchasing an additional 3,062 shares during the last quarter. SBI Securities Co. Ltd. increased its position in shares of HudBay Minerals by 64.6% during the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company's stock valued at $29,000 after purchasing an additional 1,481 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in shares of HudBay Minerals during the 1st quarter valued at about $33,000. Jones Financial Companies Lllp increased its position in shares of HudBay Minerals by 131.6% during the 1st quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company's stock valued at $50,000 after purchasing an additional 3,733 shares during the last quarter. Finally, Algert Global LLC purchased a new stake in shares of HudBay Minerals during the 4th quarter valued at about $86,000. Hedge funds and other institutional investors own 57.82% of the company's stock.

HudBay Minerals Company Profile

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.