TMC the metals company Inc. (NASDAQ:TMC - Free Report) - Stock analysts at Wedbush dropped their Q2 2025 earnings per share (EPS) estimates for shares of TMC the metals in a research note issued on Wednesday, June 25th. Wedbush analyst D. Ives now expects that the company will post earnings per share of ($0.06) for the quarter, down from their previous forecast of ($0.05). Wedbush currently has a "Outperform" rating and a $11.00 price objective on the stock. The consensus estimate for TMC the metals' current full-year earnings is ($0.22) per share. Wedbush also issued estimates for TMC the metals' Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.07) EPS, FY2025 earnings at ($0.26) EPS, Q1 2026 earnings at ($0.07) EPS, Q2 2026 earnings at ($0.07) EPS, Q3 2026 earnings at ($0.07) EPS, Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.29) EPS.
TMC the metals (NASDAQ:TMC - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03).
Separately, HC Wainwright began coverage on TMC the metals in a research report on Tuesday, May 20th. They issued a "buy" rating and a $5.50 target price on the stock.
Check Out Our Latest Stock Report on TMC the metals
TMC the metals Price Performance
TMC the metals stock opened at $7.18 on Friday. The company has a market cap of $2.60 billion, a price-to-earnings ratio of -31.22 and a beta of 1.46. The firm has a 50-day moving average of $4.22 and a 200-day moving average of $2.50. TMC the metals has a one year low of $0.72 and a one year high of $8.12.
Insiders Place Their Bets
In other news, CFO Craig Shesky sold 353,702 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $1.66, for a total value of $587,145.32. Following the transaction, the chief financial officer now directly owns 1,145,717 shares of the company's stock, valued at $1,901,890.22. This represents a 23.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Anthony O'sullivan sold 164,317 shares of the company's stock in a transaction dated Wednesday, May 21st. The shares were sold at an average price of $4.49, for a total transaction of $737,783.33. Following the completion of the transaction, the insider now owns 1,125,667 shares in the company, valued at approximately $5,054,244.83. This trade represents a 12.74% decrease in their position. The disclosure for this sale can be found here. Insiders own 28.50% of the company's stock.
Hedge Funds Weigh In On TMC the metals
A number of large investors have recently made changes to their positions in TMC. Tidal Investments LLC grew its holdings in TMC the metals by 11.9% in the 4th quarter. Tidal Investments LLC now owns 542,938 shares of the company's stock valued at $608,000 after buying an additional 57,606 shares in the last quarter. Parallel Advisors LLC acquired a new position in shares of TMC the metals in the first quarter valued at about $61,000. First Manhattan CO. LLC. increased its position in TMC the metals by 115.2% during the fourth quarter. First Manhattan CO. LLC. now owns 18,726,800 shares of the company's stock worth $20,974,000 after acquiring an additional 10,025,000 shares during the period. Raymond James Financial Inc. acquired a new stake in TMC the metals in the 4th quarter worth about $28,000. Finally, Prudential Financial Inc. bought a new stake in TMC the metals in the 4th quarter valued at about $47,000. Institutional investors own 4.39% of the company's stock.
About TMC the metals
(
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TMC the metals company Inc, a deep-sea minerals exploration company, focuses on the collection, processing, and refining of polymetallic nodules found on the seafloor in California. It primarily explores for nickel, cobalt, copper, and manganese products. The company holds exploration and commercial rights in three polymetallic nodule contract areas in the Clarion Clipperton Zone of the Pacific Ocean.
Further Reading
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