NYSE:HBM

Hudbay Minerals - HBM Stock Forecast, Price & News

$4.38

-0.18 (-3.95%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: $4.19
▼
$4.47
50-Day Range: $3.19
▼
$6.15
52-Week Range: $3.08
▼
$8.75

Volume: 1.25 million shs
Average Volume: 1.48 million shs
Market Capitalization: $1.15 billion

P/E Ratio: N/A
Dividend Yield: 0.44%
Price Target: $11.44

Hudbay Minerals MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.86 Rating Score
Upside/Downside: 161.3% Upside
$11.44 Price Target
Short Interest: Bearish
5.41% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.05
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 323.81%
From $0.21 to $0.89 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.55 out of 5 stars

Basic Materials Sector

44th out of 177 stocks

Metal Mining Industry

5th out of 18 stocks

3.4

Analyst's Opinion

Consensus Rating
Hudbay Minerals has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.44, Hudbay Minerals has a forecasted upside of 161.3% from its current price of $4.38.
Amount of Analyst Coverage
Hudbay Minerals has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.41% of the float of Hudbay Minerals has been sold short.
Short Interest Ratio / Days to Cover
Hudbay Minerals has a short interest ratio ("days to cover") of 7.1.
Change versus previous month
Short interest in Hudbay Minerals has recently increased by 1.82%, indicating that investor sentiment is decreasing.

0.8

Dividend Strength

Dividend Yield
Hudbay Minerals has a dividend yield of 0.44%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Hudbay Minerals does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Hudbay Minerals will have a dividend payout ratio of 2.25% next year. This indicates that Hudbay Minerals will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HBM.

1.7

News and Social Media Coverage

News Sentiment
Hudbay Minerals has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.32 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Hudbay Minerals this week, compared to 1 article on an average week.
Search Interest
Only 12 people have searched for HBM on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Hudbay Minerals to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Hudbay Minerals insiders have not sold or bought any company stock.
Percentage Held by Institutions
67.11% of the stock of Hudbay Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Hudbay Minerals are expected to grow by 323.81% in the coming year, from $0.21 to $0.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Hudbay Minerals is -13.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Hudbay Minerals is -13.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Hudbay Minerals has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Hudbay Minerals has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Hudbay Minerals (NYSE:HBM) Stock

Hudbay Minerals Inc., a diversified mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America. It produces copper concentrates containing copper, gold, and silver; silver/gold doré; molybdenum concentrates; and zinc metals. The company owns three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and copper projects in Arizona and Nevada, the United States. HudBay Minerals Inc. was founded in 1927 and is headquartered in Toronto, Canada.

Hudbay Minerals Stock Down 3.2 %

Shares of HBM opened at $4.56 on Monday. Hudbay Minerals has a 52 week low of $3.08 and a 52 week high of $8.75. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of -13.82, a PEG ratio of 0.86 and a beta of 2.00. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.97 and a current ratio of 1.41. The stock has a fifty day moving average of $4.17 and a 200-day moving average of $6.09.

Hudbay Minerals Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which will be paid on Friday, September 23rd. Investors of record on Friday, September 2nd will be issued a $0.008 dividend. The ex-dividend date is Thursday, September 1st. This represents a yield of 0.3%. Hudbay Minerals's payout ratio is -6.06%.

Analyst Ratings Changes

HBM has been the topic of a number of recent research reports. Scotiabank lowered their target price on Hudbay Minerals from C$10.00 to C$7.50 in a research report on Thursday, July 7th. CIBC lowered their price target on Hudbay Minerals from C$14.00 to C$11.50 in a research report on Wednesday, May 18th. Canaccord Genuity Group lowered their price target on Hudbay Minerals from C$11.50 to C$9.50 in a research report on Thursday, July 14th. Stifel Nicolaus decreased their target price on Hudbay Minerals from C$16.50 to C$12.00 in a research report on Tuesday, July 19th. Finally, Royal Bank of Canada decreased their target price on Hudbay Minerals from C$14.00 to C$12.00 in a research report on Wednesday, May 11th. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Hudbay Minerals presently has a consensus rating of "Moderate Buy" and an average price target of $11.44.

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HBM Stock News Headlines

August 14, 2022 | americanbankingnews.com

Q3 2022 EPS Estimates for Hudbay Minerals Inc. Increased by Analyst (NYSE:HBM)

August 10, 2022 | americanbankingnews.com

Hudbay Minerals Inc. (NYSE:HBM) Receives $12.13 Consensus Price Target from Brokerages

August 7, 2022 | americanbankingnews.com

Hudbay Minerals Inc. (NYSE:HBM) Given Consensus Recommendation of "Moderate Buy" by Analysts

August 6, 2022 | finance.yahoo.com

Be Wary Of Hudbay Minerals (TSE:HBM) And Its Returns On Capital

August 6, 2022 | americanbankingnews.com

Hudbay Minerals (HBM) Scheduled to Post Quarterly Earnings on Monday

August 4, 2022 | finance.yahoo.com

Silvercorp (SVM) Earnings Expected to Grow: Should You Buy?

July 27, 2022 | americanbankingnews.com

Hudbay Minerals (NYSE:HBM) Shares Gap Up to $3.36

July 23, 2022 | americanbankingnews.com

Raymond James Brokers Reduce Earnings Estimates for Hudbay Minerals Inc. (NYSE:HBM)

July 22, 2022 | americanbankingnews.com

National Bank Financial Lowers Hudbay Minerals (NYSE:HBM) to Sector Perform

July 21, 2022 | americanbankingnews.com

Hudbay Minerals Inc. (NYSE:HBM) Forecasted to Earn Q2 2022 Earnings of $0.07 Per Share

July 21, 2022 | americanbankingnews.com

Hudbay Minerals (NYSE:HBM) Upgraded to Overweight at Barclays

July 8, 2022 | seekingalpha.com

Hudbay, First Quantum cut at BofA on gloomier outlook for metals

July 7, 2022 | benzinga.com

Hudbay to Host Conference Call for Second Quarter 2022 Results

June 24, 2022 | finance.yahoo.com

Are Options Traders Betting on a Big Move in HudBay Minerals (HBM) Stock?

June 22, 2022 | ca.finance.yahoo.com

Hudbay announces completion of mining activities at 777 mine in Flin Flon, Man.

June 16, 2022 | finance.yahoo.com

Insider Buying: The Hudbay Minerals Inc. (TSE:HBM) Independent Director Just Bought 82% More Shares

June 9, 2022 | seekingalpha.com

Hudbay assessment shows $1.3B NPV for planned Copper World project

June 8, 2022 | finance.yahoo.com

Hudbay Announces Robust Preliminary Economic Assessment for the Copper World Complex

June 6, 2022 | finance.yahoo.com

Is Hudbay Minerals (HBM) a Suitable Stock for Value Investors?

June 5, 2022 | finance.yahoo.com

Shareholders in Hudbay Minerals (TSE:HBM) are in the red if they invested a year ago

May 12, 2022 | seekingalpha.com

Appeals court issues ruling on Hudbay's Rosemont copper mine

May 10, 2022 | msn.com

HudBay Minerals (TSX:HBM): Smart Exposure to Copper and Zinc

May 9, 2022 | za.investing.com

Hudbay Minerals Tops Q1 EPS by 13c

May 9, 2022 | finance.yahoo.com

Hudbay Announces First Quarter 2022 Results

March 29, 2022 | seekingalpha.com

Hudbay reports mineral reserve growth replaced nearly all mining depletion

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HBM Company Calendar

Last Earnings: 11/03/2021
Today: 8/15/2022
Ex-Dividend for 9/23 Dividend: 9/01/2022
Dividend Payable: 9/23/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Metal mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: NYSE:HBM
CUSIP: N/A
CIK: 1322422
Web: www.hudbayminerals.com
Phone: (416) 362-8181
Fax: 416-362-7844
Employees: 2,505
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $11.44
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $7.50
Forecasted Upside/Downside: +161.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.33)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 20.86
P/E Growth: 0.86
Net Income: $-244,360,000.00
Net Margins: -5.38%
Pretax Margin: -2.38%
Return on Equity: 6.96%
Return on Assets: 2.36%

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 1.41
Quick Ratio: 0.97

Sales & Book Value

Annual Sales: $1.50 billion
Price / Sales: 0.76
Cash Flow: $1.14 per share
Price / Cash Flow: 3.85
Book Value: $5.65 per share
Price / Book: 0.78

Miscellaneous

Outstanding Shares: 261,888,000
Free Float: N/A
Market Cap: $1.15 billion
Optionable: Optionable
Beta: 2.00

Key Executives

Mr. Peter Gerald Jan Kukielski Bsc (Age 66)
Msc, Pres, CEO & Director
Comp: $1.76M
Mr. Steven James Douglas (Age 55)
Sr. VP & CFO
Comp: $1.01M
Mr. Patrick James Donnelly
Sr. VP of Legal & Organizational Effectiveness
Mr. Chi-Yen Lei
Sr. VP of Corp. Devel. & Strategy
Mr. Andre Taylor Lauzon
Sr. VP & COO
Mr. Olivier Tavchandjian P.Geo.
VP of Exploration & Technical Services
Ms. Candace Brule
VP of Investor Relations
Mr. Jon Alexander Douglas (Age 60)
VP & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HBM Stock - Frequently Asked Questions

Should I buy or sell Hudbay Minerals stock right now?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hudbay Minerals in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HBM shares.
View HBM analyst ratings or view top-rated stocks.
What is Hudbay Minerals' stock price forecast for 2022?: 7 brokerages have issued 1 year target prices for Hudbay Minerals' shares. Their HBM share price forecasts range from $7.50 to $14.00. On average, they predict the company's share price to reach $11.44 in the next year. This suggests a possible upside of 161.3% from the stock's current price.
View analysts price targets for HBM or view top-rated stocks among Wall Street analysts.
How have HBM shares performed in 2022?: Hudbay Minerals' stock was trading at $7.25 at the start of the year. Since then, HBM stock has decreased by 39.6% and is now trading at $4.38.
View the best growth stocks for 2022 here.
When is Hudbay Minerals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our HBM earnings forecast.
How were Hudbay Minerals' earnings last quarter?: Hudbay Minerals Inc. (NYSE:HBM) released its quarterly earnings results on Wednesday, November, 3rd. The mining company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.12. The mining company earned $358.96 million during the quarter, compared to analyst estimates of $382.84 million. Hudbay Minerals had a positive trailing twelve-month return on equity of 6.96% and a negative net margin of 5.38%. During the same period in the prior year, the firm posted ($0.10) earnings per share.
How often does Hudbay Minerals pay dividends? What is the dividend yield for Hudbay Minerals?: Hudbay Minerals declared a Semi-Annual dividend on Monday, August 8th. Investors of record on Friday, September 2nd will be paid a dividend of $0.008 per share on Friday, September 23rd. This represents a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, September 1st.
Read our dividend analysis for HBM.
Is Hudbay Minerals a good dividend stock?: Hudbay Minerals (NYSE:HBM) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.44%.
Read our dividend analysis for HBM.

What is David Garofalo's approval rating as Hudbay Minerals' CEO?: 14 employees have rated Hudbay Minerals Chief Executive Officer David Garofalo on Glassdoor.com. David Garofalo has an approval rating of 37% among the company's employees. This puts David Garofalo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Hudbay Minerals own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Hudbay Minerals investors own include Cellectar Biosciences (CLRB), Zynga (ZNGA), Quantum (QTM), Baytex Energy (BTE), Sherritt International (S), (CXRX) (CXRX), Bombardier (BDRBF), Bombardier, Inc. Class B (BBD.B) and Bonavista Energy Co. (BNP.TO) (BNP).
What is Hudbay Minerals' stock symbol?: Hudbay Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "HBM."
Who are Hudbay Minerals' major shareholders?: Hudbay Minerals' stock is owned by a variety of institutional and retail investors. Top institutional investors include GMT Capital Corp (11.83%), Letko Brosseau & Associates Inc. (5.45%), Mirae Asset Global Investments Co. Ltd. (1.94%), Heathbridge Capital Management Ltd. (1.43%), Renaissance Technologies LLC (1.25%) and Thornburg Investment Management Inc. (0.84%).
How do I buy shares of Hudbay Minerals?: Shares of HBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Hudbay Minerals' stock price today?: One share of HBM stock can currently be purchased for approximately $4.38.
How much money does Hudbay Minerals make?: Hudbay Minerals (NYSE:HBM) has a market capitalization of $1.15 billion and generates $1.50 billion in revenue each year. The mining company earns $-244,360,000.00 in net income (profit) each year or ($0.33) on an earnings per share basis.
How many employees does Hudbay Minerals have?: The company employs 2,505 workers across the globe.
How can I contact Hudbay Minerals?: Hudbay Minerals' mailing address is 25 YORK STREET SUITE 800, TORONTO A6, M5J 2V5. The official website for the company is www.hudbayminerals.com. The mining company can be reached via phone at (416) 362-8181, via email at investor.relations@hudbayminerals.com, or via fax at 416-362-7844.

This page (NYSE:HBM) was last updated on 8/15/2022 by MarketBeat.com Staff

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Hudbay Minerals - HBM Stock Forecast, Price & News

Hudbay Minerals MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month