Ero Copper Corp. (NYSE:ERO – Free Report) – Stock analysts at Stifel Canada dropped their Q2 2025 EPS estimates for Ero Copper in a research note issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings of $0.32 per share for the quarter, down from their prior estimate of $0.38. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Stifel Canada also issued estimates for Ero Copper’s Q3 2025 earnings at $0.64 EPS, Q4 2025 earnings at $0.71 EPS, FY2025 earnings at $2.02 EPS, FY2026 earnings at $2.77 EPS and FY2027 earnings at $2.30 EPS.
Several other research analysts also recently commented on the stock. BMO Capital Markets reaffirmed an “outperform” rating on shares of Ero Copper in a research note on Friday, July 4th. Wall Street Zen downgraded shares of Ero Copper from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Raymond James Financial raised shares of Ero Copper to a “moderate buy” rating in a research report on Monday, June 30th. Scotiabank reaffirmed an “outperform” rating on shares of Ero Copper in a research report on Tuesday, July 8th. Finally, Stifel Nicolaus assumed coverage on shares of Ero Copper in a research report on Wednesday, July 9th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Ero Copper currently has an average rating of “Moderate Buy” and an average price target of $23.50.
Ero Copper Stock Up 1.3%
Shares of ERO stock opened at $14.88 on Thursday. Ero Copper has a 12 month low of $9.30 and a 12 month high of $23.40. The stock has a market cap of $1.54 billion, a P/E ratio of 87.51 and a beta of 1.18. The company has a current ratio of 1.05, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83. The company has a 50 day simple moving average of $15.16 and a two-hundred day simple moving average of $13.62.
Ero Copper (NYSE:ERO – Get Free Report) last issued its earnings results on Monday, May 5th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.18. The company had revenue of $125.10 million for the quarter, compared to analysts’ expectations of $179.45 million. Ero Copper had a net margin of 3.87% and a return on equity of 14.24%.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. GMT Capital Corp grew its position in Ero Copper by 22.9% during the first quarter. GMT Capital Corp now owns 6,931,025 shares of the company’s stock worth $83,938,000 after buying an additional 1,292,100 shares in the last quarter. Invesco Ltd. increased its holdings in Ero Copper by 22.6% in the 4th quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock valued at $52,450,000 after buying an additional 715,999 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ero Copper by 2.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,607,517 shares of the company’s stock valued at $43,689,000 after acquiring an additional 80,359 shares during the last quarter. 683 Capital Management LLC boosted its holdings in shares of Ero Copper by 20.4% in the 4th quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock valued at $33,272,000 after purchasing an additional 418,367 shares in the last quarter. Finally, Frontier Capital Management Co. LLC raised its holdings in shares of Ero Copper by 14.8% during the 4th quarter. Frontier Capital Management Co. LLC now owns 956,880 shares of the company’s stock worth $12,899,000 after buying an additional 123,289 shares in the last quarter. Institutional investors own 71.30% of the company’s stock.
About Ero Copper
Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.
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