HudBay Minerals Q2 EPS Lowered by National Bank Financial

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Equities researchers at National Bank Financial cut their Q2 2025 earnings per share estimates for HudBay Minerals in a research note issued to investors on Tuesday, July 8th. National Bank Financial analyst S. Nagle now anticipates that the mining company will post earnings per share of $0.12 for the quarter, down from their previous estimate of $0.20. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share. National Bank Financial also issued estimates for HudBay Minerals' FY2025 earnings at $0.80 EPS and FY2026 earnings at $0.58 EPS.

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

A number of other equities research analysts also recently weighed in on the company. Stifel Canada raised HudBay Minerals to a "strong-buy" rating in a research report on Wednesday, March 19th. Raymond James Financial raised HudBay Minerals to a "moderate buy" rating in a research report on Monday, June 30th. Scotiabank reaffirmed an "outperform" rating on shares of HudBay Minerals in a research report on Tuesday, May 13th. Wall Street Zen raised HudBay Minerals from a "buy" rating to a "strong-buy" rating in a report on Saturday, June 21st. Finally, Desjardins began coverage on HudBay Minerals in a report on Friday, April 4th. They issued a "buy" rating for the company. Four research analysts have rated the stock with a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, HudBay Minerals presently has a consensus rating of "Buy" and a consensus target price of $14.00.

HudBay Minerals Stock Down 3.0%

HBM stock traded down $0.32 during trading on Friday, reaching $10.47. 7,636,250 shares of the company traded hands, compared to its average volume of 5,595,019. HudBay Minerals has a 12 month low of $5.95 and a 12 month high of $11.13. The business has a 50 day simple moving average of $9.32 and a 200 day simple moving average of $8.37. The company has a market capitalization of $4.14 billion, a price-to-earnings ratio of 27.55, a price-to-earnings-growth ratio of 0.30 and a beta of 1.63. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.92 and a current ratio of 2.32.

Institutional Investors Weigh In On HudBay Minerals

Institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. acquired a new stake in shares of HudBay Minerals during the fourth quarter worth about $183,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of HudBay Minerals by 142.8% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 100,303 shares of the mining company's stock worth $761,000 after purchasing an additional 58,999 shares during the period. Guggenheim Capital LLC acquired a new stake in shares of HudBay Minerals during the fourth quarter worth about $186,000. Alliancebernstein L.P. lifted its holdings in shares of HudBay Minerals by 3.9% during the fourth quarter. Alliancebernstein L.P. now owns 72,730 shares of the mining company's stock worth $589,000 after purchasing an additional 2,740 shares during the period. Finally, Barclays PLC lifted its holdings in shares of HudBay Minerals by 7.9% during the fourth quarter. Barclays PLC now owns 93,286 shares of the mining company's stock worth $756,000 after purchasing an additional 6,811 shares during the period. Institutional investors and hedge funds 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.