Q1 EPS Estimates for Hudbay Minerals Decreased by Analyst

Hudbay Minerals Inc. (TSE:HBM) (NYSE:HBM) – Stifel Canada cut their Q1 2025 EPS estimates for shares of Hudbay Minerals in a research report issued on Tuesday, April 15th. Stifel Canada analyst R. Profiti now forecasts that the mining company will post earnings per share of $0.11 for the quarter, down from their previous estimate of $0.26. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $1.12 per share. Stifel Canada also issued estimates for Hudbay Minerals’ FY2025 earnings at $0.51 EPS and FY2026 earnings at $0.57 EPS.

A number of other brokerages have also issued reports on HBM. Royal Bank of Canada raised their price target on Hudbay Minerals from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Thursday, March 13th. Desjardins upgraded Hudbay Minerals to a “moderate buy” rating in a research note on Thursday, April 3rd. Raymond James boosted their target price on shares of Hudbay Minerals from C$16.00 to C$17.00 in a research note on Friday, April 4th. Scotiabank reduced their price target on shares of Hudbay Minerals from C$14.00 to C$13.50 and set an “outperform” rating on the stock in a research note on Friday, March 28th. Finally, Canaccord Genuity Group lowered their price objective on shares of Hudbay Minerals from C$15.50 to C$14.00 and set a “buy” rating for the company in a research report on Thursday, February 20th. Twelve research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, Hudbay Minerals currently has a consensus rating of “Buy” and an average price target of C$15.64.

Hudbay Minerals Stock Down 0.4 %

Shares of TSE HBM opened at C$9.74 on Friday. Hudbay Minerals has a 1 year low of C$8.49 and a 1 year high of C$14.33. The firm has a 50-day simple moving average of C$10.71 and a two-hundred day simple moving average of C$11.88. The company has a market cap of C$2.70 billion, a P/E ratio of 27.43, a PEG ratio of 3.97 and a beta of 1.83. The company has a debt-to-equity ratio of 46.39, a current ratio of 1.86 and a quick ratio of 0.85.

Insider Buying and Selling

In other news, Director Peter Gerald Jan Kukielski acquired 9,300 shares of Hudbay Minerals stock in a transaction that occurred on Friday, February 21st. The stock was purchased at an average price of C$10.76 per share, for a total transaction of C$100,068.00. Also, Senior Officer Francisco Javier Del Rio Del Aguila sold 12,959 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of C$12.00, for a total transaction of C$155,508.00. Insiders purchased 11,800 shares of company stock worth $127,418 in the last three months. 0.07% of the stock is owned by insiders.

Hudbay Minerals Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, March 21st. Stockholders of record on Friday, March 21st were given a $0.01 dividend. This represents a dividend yield of 0.1%. The ex-dividend date was Tuesday, March 4th. Hudbay Minerals’s payout ratio is 5.63%.

About Hudbay Minerals

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.