What is Desjardins' Estimate for Ero Copper FY2025 Earnings?

Key Points

• Desjardins increased its FY2025 earnings per share estimate for Ero Copper to $2.40, up from a previous estimate of $2.15.
• The stock is currently rated as a "Hold" by Desjardins with a price target of $23.00, while the consensus estimate for Ero Copper's full-year earnings is $4.74 per share.
• Ero Copper's stock has a 1-year high of C$30.29 and has been rated with different assessments, including "Strong Buy" and "Buy" from several analysts.

Ero Copper Corp. (TSE:ERO - Free Report) - Analysts at Desjardins boosted their FY2025 earnings per share (EPS) estimates for Ero Copper in a research note issued on Wednesday, October 1st. Desjardins analyst B. Adams now forecasts that the company will post earnings of $2.40 per share for the year, up from their prior forecast of $2.15. Desjardins currently has a "Hold" rating and a $23.00 price target on the stock. The consensus estimate for Ero Copper's current full-year earnings is $4.74 per share. Desjardins also issued estimates for Ero Copper's FY2026 earnings at $4.11 EPS.

ERO has been the topic of several other research reports. Stifel Canada raised Ero Copper to a "strong-buy" rating in a research report on Tuesday, July 8th. Stifel Nicolaus decreased their target price on Ero Copper from C$29.00 to C$26.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. National Bank Financial downgraded Ero Copper from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 8th. National Bankshares downgraded Ero Copper from an "outperform" rating to a "sector perform" rating and set a C$24.50 target price on the stock. in a research report on Wednesday, July 9th. Finally, Raymond James Financial raised Ero Copper to a "moderate buy" rating in a research report on Monday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$26.14.

Ero Copper Stock Up 2.6%

TSE:ERO opened at C$29.92 on Monday. Ero Copper has a 1 year low of C$13.17 and a 1 year high of C$30.29. The stock has a 50-day moving average price of C$21.56 and a two-hundred day moving average price of C$19.90. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The stock has a market cap of C$3.10 billion, a price-to-earnings ratio of 21.68, a PEG ratio of -0.72 and a beta of 1.52.

About Ero Copper

Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine.

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