Ero Copper FY2026 EPS Raised by National Bank Financial

Ero Copper Corp. (NYSE:ERO - Free Report) - Research analysts at National Bank Financial upped their FY2026 earnings per share (EPS) estimates for shares of Ero Copper in a research note issued on Tuesday, April 15th. National Bank Financial analyst S. Nagle now forecasts that the company will earn $2.67 per share for the year, up from their prior forecast of $2.39. The consensus estimate for Ero Copper's current full-year earnings is $0.71 per share.

Other equities analysts have also recently issued reports about the company. TD Securities upgraded Ero Copper from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. Desjardins began coverage on Ero Copper in a research report on Friday, April 4th. They set a "hold" rating on the stock. BMO Capital Markets initiated coverage on Ero Copper in a report on Wednesday, April 16th. They issued an "outperform" rating for the company. Raymond James reaffirmed an "outperform" rating on shares of Ero Copper in a research report on Friday, April 4th. Finally, TD Cowen upgraded Ero Copper from a "hold" rating to a "buy" rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Ero Copper currently has a consensus rating of "Buy" and a consensus target price of $26.33.

Ero Copper Stock Performance

Shares of Ero Copper stock traded up $0.30 during trading hours on Thursday, reaching $11.22. The company had a trading volume of 318,664 shares, compared to its average volume of 399,883. 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 one year low of $9.30 and a one year high of $24.34. The firm has a market cap of $1.16 billion, a PE ratio of 65.85 and a beta of 1.10. The business has a fifty day simple moving average of $12.20 and a 200 day simple moving average of $14.43.

Ero Copper (NYSE:ERO - Get Free Report) last posted its quarterly earnings results on Thursday, March 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04). Ero Copper had a net margin of 3.67% and a return on equity of 11.30%. The business had revenue of $122.50 million during the quarter, compared to the consensus estimate of $183.26 million.

Hedge Funds Weigh In On Ero Copper

Several large investors have recently added to or reduced their stakes in ERO. Mackenzie Financial Corp boosted its holdings in Ero Copper by 4.2% in the 4th quarter. Mackenzie Financial Corp now owns 47,380 shares of the company's stock worth $638,000 after buying an additional 1,896 shares during the period. Public Employees Retirement System of Ohio grew its position in shares of Ero Copper by 8.7% during the fourth quarter. Public Employees Retirement System of Ohio now owns 31,915 shares of the company's stock worth $430,000 after purchasing an additional 2,550 shares in the last quarter. Temasek Holdings Private Ltd raised its stake in Ero Copper by 9.3% during the 4th quarter. Temasek Holdings Private Ltd now owns 592,821 shares of the company's stock valued at $7,991,000 after purchasing an additional 50,400 shares during the period. State of Wyoming purchased a new position in Ero Copper in the 4th quarter worth approximately $76,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Ero Copper by 5.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,527,158 shares of the company's stock worth $47,529,000 after purchasing an additional 176,637 shares during the period. Hedge funds and other 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.