Ero Copper Corp. (NYSE:ERO) Receives Average Recommendation of “Hold” from Analysts

Posted by Brian Himes on Sep 3rd, 2026

Ero Copper Corp. (NYSE:ERO – Get Free Report) has been given an average rating of “Hold” by the seventeen research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $32.3333.

A number of research firms recently commented on ERO. Bank of America upgraded shares of Ero Copper from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $30.00 to $34.00 in a report on Thursday, July 16th. TD Securities restated a “hold” rating on shares of Ero Copper in a report on Friday, August 7th. Weiss Ratings restated a “hold (c+)” rating on shares of Ero Copper in a research report on Thursday, June 4th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ero Copper in a report on Monday, July 6th. Finally, Wall Street Zen downgraded Ero Copper from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th.

View Our Latest Analysis on ERO

Ero Copper Trading Down 0.2%

Shares of ERO stock opened at $34.76 on Friday. The stock has a 50-day simple moving average of $30.14 and a 200 day simple moving average of $29.10. The stock has a market capitalization of $3.62 billion, a P/E ratio of 11.66, a P/E/G ratio of 0.28 and a beta of 1.27. Ero Copper has a fifty-two week low of $14.35 and a fifty-two week high of $40.83. The company has a quick ratio of 0.81, a current ratio of 1.30 and a debt-to-equity ratio of 0.50.

Ero Copper (NYSE:ERO – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.74 by $0.09. Ero Copper had a net margin of 29.79% and a return on equity of 30.32%. The firm had revenue of $284.30 million for the quarter, compared to analysts’ expectations of $277.64 million. On average, sell-side analysts expect that Ero Copper will post 3.98 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ero Copper

Several hedge funds have recently modified their holdings of ERO. Corient Private Wealth LP boosted its position in shares of Ero Copper by 4.0% in the 2nd quarter. Corient Private Wealth LP now owns 9,046 shares of the company’s stock valued at $242,000 after purchasing an additional 348 shares during the period. Pictet Asset Management Holding SA raised its holdings in Ero Copper by 3.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 18,103 shares of the company’s stock worth $513,000 after buying an additional 574 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Ero Copper by 3.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 32,833 shares of the company’s stock worth $933,000 after acquiring an additional 1,107 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Ero Copper in the fourth quarter worth approximately $38,000. Finally, PenderFund Capital Management Ltd. acquired a new stake in shares of Ero Copper during the second quarter valued at approximately $39,000. 71.30% of the stock is owned by hedge funds and other institutional investors.

About Ero Copper

(Get Free Report)

Ero Copper Corp (NYSE: ERO) is a Canada-based natural resource company focused on the production of copper concentrate from its Brazilian operations. The company’s flagship asset is the Vale do Curaçá mining complex in the state of Bahia, which includes multiple underground mines and a centralized processing facility. Ero Copper’s primary product is copper concentrate, which is sold to smelters and end users around the world.

The Vale do Curaçá complex comprises the Pilar and Surubim underground mines, supported by a fully integrated processing plant.