FY2026 EPS Estimates for Nexa Resources Decreased by Analyst

Key Points

• Scotiabank cut Nexa Resources’ FY2026 EPS estimate to $2.65 from $3.03, while maintaining a “Sector Perform” rating and a $14 price target.
• Analyst sentiment remains cautious: six analysts rate the stock “Hold” and one rates it “Sell,” producing a consensus “Reduce” rating and an average target price of $14.40.
• Nexa’s latest quarterly EPS of $0.64 missed the $0.71 consensus estimate, although revenue of $907.93 million slightly exceeded expectations; the stock opened at $15.39, near its 12-month high.

Nexa Resources S.A. (NYSE:NEXA - Free Report) - Equities research analysts at Scotiabank decreased their FY2026 earnings estimates for shares of Nexa Resources in a research note issued on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $2.65 per share for the year, down from their prior estimate of $3.03. Scotiabank has a "Sector Perform" rating and a $14.00 price target on the stock. The consensus estimate for Nexa Resources' current full-year earnings is $2.59 per share.

Several other research analysts also recently issued reports on NEXA. JPMorgan Chase & Co. lifted their price objective on Nexa Resources from $7.50 to $15.50 and gave the stock a "neutral" rating in a research report on Friday, July 24th. Morgan Stanley increased their target price on Nexa Resources from $11.50 to $12.50 and gave the company an "equal weight" rating in a report on Wednesday, July 8th. Citigroup raised their price target on Nexa Resources from $12.50 to $16.00 and gave the stock a "neutral" rating in a research report on Wednesday, June 3rd. Zacks Research cut Nexa Resources from a "strong-buy" rating to a "hold" rating in a report on Wednesday, July 8th. Finally, Wall Street Zen cut Nexa Resources from a "strong-buy" rating to a "buy" rating in a report on Tuesday, July 28th. Six equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average target price of $14.40.

Nexa Resources Stock Down 0.1%

NEXA stock opened at $15.39 on Monday. The company's 50 day simple moving average is $13.48 and its 200-day simple moving average is $13.04. The firm has a market capitalization of $2.04 billion, a PE ratio of 7.36, a P/E/G ratio of 0.18 and a beta of 0.94. Nexa Resources has a 12 month low of $4.70 and a 12 month high of $16.89. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.80 and a quick ratio of 0.46.

Nexa Resources (NYSE:NEXA - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.64 earnings per share 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 business had revenue of $907.93 million for the quarter, compared to analysts' expectations of $906.52 million.

Institutional Trading of Nexa Resources

Hedge funds have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its holdings in Nexa Resources by 3.8% in the 3rd quarter. Dimensional Fund Advisors LP now owns 732,176 shares of the company's stock valued at $3,654,000 after acquiring an additional 26,829 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of Nexa Resources by 142.4% during the 3rd quarter. Citadel Advisors LLC now owns 60,287 shares of the company's stock worth $301,000 after purchasing an additional 35,411 shares during the period. Millennium Management LLC boosted its holdings in shares of Nexa Resources by 124.1% during the third quarter. Millennium Management LLC now owns 73,190 shares of the company's stock worth $365,000 after purchasing an additional 40,535 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of Nexa Resources during the third quarter worth $134,000. Finally, Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Nexa Resources during the fourth quarter worth $44,000.

Nexa Resources Company Profile

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.

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