Q2 EPS Estimates for HudBay Minerals Decreased by Desjardins

HudBay Minerals Inc (NYSE:HBM - Free Report) TSE: HBM - Analysts at Desjardins reduced their Q2 2025 EPS estimates for HudBay Minerals in a note issued to investors on Thursday, July 17th. Desjardins analyst B. Adams now anticipates that the mining company will post earnings of $0.10 per share for the quarter, down from their previous estimate of $0.24. Desjardins currently has a "Buy" rating on the stock. The consensus estimate for HudBay Minerals' current full-year earnings is $0.79 per share.

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

HBM has been the subject of several other reports. Wall Street Zen cut shares of HudBay Minerals from a "strong-buy" rating to a "buy" rating in a research note on Friday, July 18th. BMO Capital Markets assumed coverage on shares of HudBay Minerals in a research report on Wednesday, April 16th. They set an "outperform" rating for the company. CIBC reaffirmed an "outperform" rating on shares of HudBay Minerals in a research report on Tuesday, July 15th. Raymond James Financial upgraded HudBay Minerals to a "moderate buy" rating in a research note on Monday, June 30th. Finally, Scotiabank restated an "outperform" rating on shares of HudBay Minerals in a research note on Tuesday, May 13th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, HudBay Minerals presently has a consensus rating of "Buy".

HudBay Minerals Stock Performance

Shares of HudBay Minerals stock traded down $0.20 on Monday, reaching $10.13. 5,465,550 shares of the stock were exchanged, compared to its average volume of 7,478,547. The business has a 50 day moving average price of $9.76 and a two-hundred day moving average price of $8.50. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 26.65, a PEG ratio of 0.29 and a beta of 1.63. HudBay Minerals has a twelve month low of $5.95 and a twelve month high of $11.13. The company has a quick ratio of 1.92, a current ratio of 2.32 and a debt-to-equity ratio of 0.42.

Institutional Trading of HudBay Minerals

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HBM. Tower Research Capital LLC TRC boosted its stake in shares of HudBay Minerals by 9,877.4% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the mining company's stock worth $25,000 after acquiring an additional 3,062 shares in the last quarter. SBI Securities Co. Ltd. raised its holdings in HudBay Minerals by 64.6% in the 1st quarter. SBI Securities Co. Ltd. now owns 3,773 shares of the mining company's stock worth $29,000 after purchasing an additional 1,481 shares during the period. Banque Cantonale Vaudoise purchased a new position in HudBay Minerals during the first quarter worth approximately $33,000. Jones Financial Companies Lllp grew its holdings in HudBay Minerals by 131.6% in the first quarter. Jones Financial Companies Lllp now owns 6,570 shares of the mining company's stock valued at $50,000 after purchasing an additional 3,733 shares during the period. Finally, Algert Global LLC acquired a new stake in HudBay Minerals in the fourth quarter valued at approximately $86,000. 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.