Brokers Issue Forecasts for HudBay Minerals FY2025 Earnings

HudBay Minerals Inc (NYSE:HBM) (TSE:HBM) – Research analysts at Paradigm Capital raised their FY2025 earnings per share (EPS) estimates for shares of HudBay Minerals in a note issued to investors on Wednesday, November 19th. Paradigm Capital analyst J. Woolley now anticipates that the mining company will earn $0.84 per share for the year, up from their previous forecast of $0.79. The consensus estimate for HudBay Minerals’ current full-year earnings is $0.79 per share. Paradigm Capital also issued estimates for HudBay Minerals’ Q1 2026 earnings at $0.29 EPS, Q2 2026 earnings at $0.29 EPS, Q3 2026 earnings at $0.29 EPS, FY2026 earnings at $1.19 EPS, FY2027 earnings at $1.48 EPS and FY2028 earnings at $1.25 EPS.

HudBay Minerals (NYSE:HBM) (TSE:HBM) last released its quarterly earnings data on Wednesday, November 12th. The mining company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.03). HudBay Minerals had a return on equity of 10.73% and a net margin of 13.13%.The firm had revenue of $346.80 million for the quarter, compared to analyst estimates of $538.16 million. HudBay Minerals’s revenue for the quarter was down 28.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 earnings per share.

A number of other research firms have also recently commented on HBM. The Goldman Sachs Group assumed coverage on HudBay Minerals in a report on Monday, September 8th. They issued a “buy” rating on the stock. Bank of America lifted their target price on HudBay Minerals from $16.50 to $19.50 and gave the company a “buy” rating in a research report on Thursday, October 16th. National Bankshares reaffirmed an “outperform” rating on shares of HudBay Minerals in a research note on Thursday, August 14th. Zacks Research cut HudBay Minerals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 11th. Finally, Scotiabank reissued an “outperform” rating on shares of HudBay Minerals in a research report on Tuesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, HudBay Minerals has an average rating of “Buy” and an average price target of $19.50.

HudBay Minerals Stock Performance

HudBay Minerals stock opened at $15.72 on Monday. The firm has a 50 day simple moving average of $15.57 and a 200-day simple moving average of $12.12. The stock has a market cap of $6.23 billion, a price-to-earnings ratio of 21.54 and a beta of 1.58. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 0.86. HudBay Minerals has a 1-year low of $5.95 and a 1-year high of $17.73.

Institutional Investors Weigh In On HudBay Minerals

Several large investors have recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of HudBay Minerals by 12.1% in the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,650,409 shares of the mining company’s stock valued at $28,142,000 after acquiring an additional 285,500 shares in the last quarter. Spark Investment Management LLC purchased a new stake in HudBay Minerals during the 2nd quarter worth about $265,000. Acadian Asset Management LLC acquired a new stake in HudBay Minerals in the 2nd quarter valued at about $15,152,000. Texas Bank & Trust Co purchased a new position in shares of HudBay Minerals in the 2nd quarter valued at about $273,000. Finally, Ausbil Investment Management Ltd grew its position in shares of HudBay Minerals by 71.4% during the second quarter. Ausbil Investment Management Ltd now owns 60,000 shares of the mining company’s stock worth $635,000 after buying an additional 25,000 shares in the last quarter. 57.82% of the stock is owned by hedge funds and other institutional investors.

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.