Nexa Resources S.A. (NYSE:NEXA - Free Report) - Equities researchers at Scotiabank decreased their FY2026 EPS estimates for Nexa Resources in a research report issued to clients and investors on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $0.21 per share for the year, down from their previous estimate of $0.22. Scotiabank has a "Sector Underperform" rating and a $4.50 price target on the stock. The consensus estimate for Nexa Resources' current full-year earnings is $1.03 per share.
Several other analysts have also issued reports on NEXA. BMO Capital Markets began coverage on shares of Nexa Resources in a research report on Wednesday, April 16th. They set a "market perform" rating and a $6.00 price target on the stock. Bank of America dropped their target price on shares of Nexa Resources from $8.00 to $6.50 and set an "underperform" rating on the stock in a report on Monday, March 10th.
View Our Latest Stock Analysis on Nexa Resources
Nexa Resources Stock Down 1.5 %
Shares of NYSE:NEXA traded down $0.09 during trading on Wednesday, hitting $5.98. 2,823 shares of the company were exchanged, compared to its average volume of 48,006. Nexa Resources has a fifty-two week low of $5.04 and a fifty-two week high of $9.61. The stock has a market cap of $791.99 million, a price-to-earnings ratio of -3.88 and a beta of 1.09. The company has a current ratio of 1.13, a quick ratio of 0.76 and a debt-to-equity ratio of 1.39. The firm has a fifty day moving average price of $5.68 and a two-hundred day moving average price of $6.81.
Nexa Resources (NYSE:NEXA - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported ($1.00) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($1.20). Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. The company had revenue of $740.92 million during the quarter, compared to the consensus estimate of $731.81 million.
Hedge Funds Weigh In On Nexa Resources
A hedge fund recently bought a new stake in Nexa Resources stock. Virtu Financial LLC purchased a new stake in Nexa Resources S.A. (NYSE:NEXA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 14,341 shares of the company's stock, valued at approximately $126,000.
About Nexa Resources
(
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Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.
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