TMC the metals company Inc. (NASDAQ:TMC - Free Report) - Analysts at Wedbush dropped their Q2 2025 earnings per share estimates for shares of TMC the metals in a research note issued to investors on Wednesday, June 25th. Wedbush analyst D. Ives now anticipates that the company will post earnings of ($0.06) per share for the quarter, down from their previous estimate of ($0.05). Wedbush currently has a "Outperform" rating and a $11.00 target price 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 issued 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 started coverage on TMC the metals in a research note on Tuesday, May 20th. They issued a "buy" rating and a $5.50 price target for the company.
Read Our Latest Stock Report on TMC
TMC the metals Price Performance
TMC traded down $0.21 during trading on Friday, hitting $6.60. The stock had a trading volume of 8,910,987 shares, compared to its average volume of 4,234,118. The company has a 50 day moving average price of $4.38 and a 200-day moving average price of $2.61. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of -28.69 and a beta of 1.45. TMC the metals has a one year low of $0.72 and a one year high of $8.12.
Hedge Funds Weigh In On TMC the metals
A number of institutional investors have recently modified their holdings of the business. Allworth Financial LP increased its stake in shares of TMC the metals by 48.0% in the first quarter. Allworth Financial LP now owns 14,796 shares of the company's stock valued at $25,000 after buying an additional 4,796 shares during the period. Sprott Inc. acquired a new stake in shares of TMC the metals in the first quarter valued at about $26,000. Gray Wealth Management Inc. increased its stake in shares of TMC the metals by 59.7% in the fourth quarter. Gray Wealth Management Inc. now owns 23,700 shares of the company's stock valued at $27,000 after buying an additional 8,863 shares during the period. Oppenheimer & Co. Inc. acquired a new stake in shares of TMC the metals in the fourth quarter valued at about $28,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of TMC the metals in the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 4.39% of the company's stock.
Insider Activity
In other news, CFO Craig Shesky sold 353,702 shares of the business's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $1.66, for a total transaction of $587,145.32. Following the completion of the transaction, the chief financial officer owned 1,145,717 shares of the company's stock, valued at approximately $1,901,890.22. The trade was a 23.59% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Anthony O'sullivan sold 164,317 shares of the business's stock in a transaction on Wednesday, May 21st. The stock was sold at an average price of $4.49, for a total value of $737,783.33. Following the transaction, the insider directly owned 1,125,667 shares of the company's stock, valued at $5,054,244.83. This trade represents a 12.74% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 587,223 shares of company stock worth $1,846,154. 28.50% of the stock is currently owned by company insiders.
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.
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