Brokers Offer Predictions for Nexa Resources FY2026 Earnings

Key Points

• Scotiabank raised Nexa Resources’ FY2026 EPS estimate to $2.94 from $2.65 and projects FY2027 EPS of $3.52. The bank maintains a “Sector Perform” rating and a $15 price target.
• Analyst sentiment remains cautious: Nexa has a consensus “Hold” rating from seven analysts, with a consensus price target of $14.94.
• NEXA shares opened at $12.64 after falling 3.6%, while the company’s latest quarterly EPS of $0.64 missed the $0.71 consensus estimate despite revenue slightly exceeding expectations.

Nexa Resources S.A. (NYSE:NEXA - Free Report) - Equities research analysts at Scotiabank lifted their FY2026 EPS estimates for Nexa Resources in a research report issued to clients and investors on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $2.94 per share for the year, up from their previous estimate of $2.65. Scotiabank currently has a "Sector Perform" rating and a $15.00 target price on the stock. The consensus estimate for Nexa Resources' current full-year earnings is $2.54 per share. Scotiabank also issued estimates for Nexa Resources' FY2027 earnings at $3.52 EPS.

NEXA has been the subject of several other research reports. Zacks Research cut Nexa Resources from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 8th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nexa Resources in a report on Monday, July 20th. Bank of America lifted their price objective on shares of Nexa Resources from $12.00 to $14.00 and gave the company an "underperform" rating in a research report on Thursday, July 9th. Wall Street Zen lowered shares of Nexa Resources from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, July 28th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Nexa Resources from $7.50 to $15.50 and gave the company a "neutral" rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $14.94.

Nexa Resources Trading Down 3.6%

Shares of NEXA stock opened at $12.64 on Thursday. The business's 50 day moving average is $13.44 and its two-hundred day moving average is $13.48. Nexa Resources has a twelve month low of $5.05 and a twelve month high of $16.89. The company has a market capitalization of $1.67 billion, a P/E ratio of 6.05, a price-to-earnings-growth ratio of 0.15 and a beta of 0.94. The company has a current ratio of 0.80, a quick ratio of 0.46 and a debt-to-equity ratio of 1.08.

Nexa Resources (NYSE:NEXA - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.07). Nexa Resources had a net margin of 8.02% and a return on equity of 20.25%. The company had revenue of $907.93 million for the quarter, compared to analysts' expectations of $906.52 million.

Institutional Trading of Nexa Resources

A number of institutional investors have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its position in shares of Nexa Resources by 47.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,292,701 shares of the company's stock worth $13,684,000 after buying an additional 414,474 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Nexa Resources by 3.2% during the 1st quarter. Renaissance Technologies LLC now owns 879,872 shares of the company's stock worth $9,318,000 after purchasing an additional 27,072 shares during the last quarter. Bank of America Corp DE lifted its stake in Nexa Resources by 133.6% in the 1st quarter. Bank of America Corp DE now owns 734,476 shares of the company's stock valued at $7,778,000 after buying an additional 420,005 shares in the last quarter. Pictet Asset Management Holding SA purchased a new stake in Nexa Resources in the 1st quarter valued at approximately $7,572,000. Finally, Walleye Capital LLC grew its holdings in Nexa Resources by 33.6% during the 1st quarter. Walleye Capital LLC now owns 698,458 shares of the company's stock valued at $7,397,000 after buying an additional 175,477 shares during the last quarter.

Nexa Resources Company Profile

Nexa Resources SA is a mining and metals company focused primarily on the exploration, extraction, processing and production of zinc, lead, copper and silver. The company also produces sulfuric acid and other related byproducts and specialty metals through its integrated mining and smelting operations.

Nexa operates mines and metallurgical facilities in Brazil and Peru, serving industrial customers and markets that use zinc and other base metals in applications such as galvanizing, construction, transportation, infrastructure and manufacturing.

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