Brokers Offer Predictions for Nexa Resources FY2026 Earnings

Nexa Resources S.A. (NYSE:NEXA) – Analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Nexa Resources in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now expects that the company will earn $2.65 per share for the year, down from their prior forecast of $3.03. Scotiabank has a “Sector Perform” rating and a $14.00 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $2.59 per share.

NEXA has been the subject of several other research reports. Citigroup increased their target price on Nexa Resources from $12.50 to $16.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Nexa Resources in a research note on Monday, July 20th. Zacks Research downgraded Nexa Resources from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 8th. Wall Street Zen cut shares of Nexa Resources from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 28th. Finally, Morgan Stanley raised their target price on shares of Nexa Resources from $11.50 to $12.50 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Six investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $14.40.

Nexa Resources Trading Up 3.8%

Shares of Nexa Resources stock opened at $15.80 on Monday. The company has a market capitalization of $2.09 billion, a P/E ratio of 7.56, a P/E/G ratio of 0.18 and a beta of 0.94. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.46 and a current ratio of 0.80. The company has a fifty day moving average of $13.52 and a 200 day moving average of $13.08. Nexa Resources has a fifty-two week low of $4.70 and a fifty-two week high of $16.89.

Nexa Resources (NYSE:NEXA) last released its earnings results on Wednesday, August 5th. The company reported $0.64 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.07). Nexa Resources had a return on equity of 20.25% and a net margin of 8.02%.The firm had revenue of $907.93 million for the quarter, compared to the consensus estimate of $906.52 million.

Hedge Funds Weigh In On Nexa Resources

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sagil Capital LLP purchased a new stake in shares of Nexa Resources in the fourth quarter valued at $11,651,000. Dimensional Fund Advisors LP raised its holdings in shares of Nexa Resources by 47.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,292,701 shares of the company’s stock worth $13,684,000 after buying an additional 414,474 shares during the period. Marshall Wace LLP purchased a new stake in shares of Nexa Resources in the fourth quarter worth approximately $8,653,000. Renaissance Technologies LLC lifted its stake in shares of Nexa Resources by 3.2% during the 1st quarter. Renaissance Technologies LLC now owns 879,872 shares of the company’s stock worth $9,318,000 after acquiring an additional 27,072 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Nexa Resources by 133.6% during the 1st quarter. Bank of America Corp DE now owns 734,476 shares of the company’s stock worth $7,778,000 after acquiring an additional 420,005 shares during the last quarter.

About Nexa Resources

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.