FY2025 EPS Estimates for Hudbay Minerals Boosted by Analyst

Hudbay Minerals Inc. (NYSE:HBM) (TSE:HBM) – Stifel Canada boosted their FY2025 earnings per share (EPS) estimates for Hudbay Minerals in a report released on Tuesday, October 15th. Stifel Canada analyst C. Mcgill now anticipates that the mining company will earn $1.26 per share for the year, up from their previous forecast of $1.12. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Hudbay Minerals’ current full-year earnings is $0.49 per share.

Several other research analysts have also recently weighed in on HBM. Jefferies Financial Group raised Hudbay Minerals from a “hold” rating to a “buy” rating in a research report on Wednesday, August 14th. StockNews.com cut Hudbay Minerals from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Hudbay Minerals currently has a consensus rating of “Buy” and a consensus target price of $11.17.

Hudbay Minerals Stock Up 2.8 %

HBM stock opened at $9.47 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.86 and a quick ratio of 1.49. The stock has a market capitalization of $3.73 billion, a P/E ratio of 41.17 and a beta of 1.77. The business has a 50-day moving average of $8.23 and a 200-day moving average of $8.48. Hudbay Minerals has a fifty-two week low of $3.94 and a fifty-two week high of $10.49.

Hudbay Minerals Cuts Dividend

The business also recently declared a Semi-Annual dividend, which was paid on Friday, September 20th. Investors of record on Tuesday, September 3rd were given a dividend of $0.007 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a yield of 0.2%. Hudbay Minerals’s dividend payout ratio (DPR) is presently 4.35%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Hudbay Minerals by 3.2% during the first quarter. Vanguard Group Inc. now owns 8,694,436 shares of the mining company’s stock valued at $60,861,000 after purchasing an additional 272,635 shares during the last quarter. Condire Management LP boosted its position in Hudbay Minerals by 4.2% during the first quarter. Condire Management LP now owns 4,226,553 shares of the mining company’s stock valued at $29,586,000 after purchasing an additional 169,310 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Hudbay Minerals by 24.7% during the second quarter. Dimensional Fund Advisors LP now owns 3,545,340 shares of the mining company’s stock valued at $32,084,000 after purchasing an additional 702,170 shares during the last quarter. TD Asset Management Inc boosted its position in Hudbay Minerals by 199.4% during the second quarter. TD Asset Management Inc now owns 2,906,301 shares of the mining company’s stock valued at $26,294,000 after purchasing an additional 1,935,709 shares during the last quarter. Finally, Jennison Associates LLC boosted its position in Hudbay Minerals by 92.7% during the first quarter. Jennison Associates LLC now owns 2,821,920 shares of the mining company’s stock valued at $19,757,000 after purchasing an additional 1,357,241 shares during the last quarter. 57.82% of the stock is owned by institutional investors and hedge funds.

Hudbay Minerals Company Profile

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.