Earnings and Growth Analysis : Hudbay Minerals (NYSE:HBM)

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Earnings results for Hudbay Minerals (NYSE:HBM)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.22 and remained the same over the past month at -0.22. Of the 10 analysts making quarterly forecasts, 6raised and 6 lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has increased over the past week from -0.56 to -0.54(3.57%) and increased over the past month from -0.64 to -0.56(12.50%). Of the 8 analysts making yearly forecasts, 6raised and 2 lowered their forecast.

Hudbay Minerals last issued its earnings data on May 14th, 2020. The mining company reported ($0.13) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.13). The firm earned $245.11 million during the quarter, compared to analyst estimates of $258.87 million. Hudbay Minerals has generated ($0.19) earnings per share over the last year. Hudbay Minerals has confirmed that its next quarterly earnings report will be published on Tuesday, August 11th, 2020.

Analyst Opinion on Hudbay Minerals (NYSE:HBM)

9 Wall Street analysts have issued ratings and price targets for Hudbay Minerals in the last 12 months. Their average twelve-month price target is $4.43, suggesting that the stock has a possible upside of 27.03%. The high price target for HBM is $6.00 and the low price target for HBM is $3.00. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Hudbay Minerals has received a consensus rating of Hold. The company’s average rating score is 2.22, and is based on 3 buy ratings, 5 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $4.43, Hudbay Minerals has a potential upside of 27.0% from its current price of $3.49. Hudbay Minerals has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Hudbay Minerals (NYSE:HBM)

Hudbay Minerals has a dividend yield of 0.29%, which is in the bottom 25% of all stocks that pay dividends. Hudbay Minerals has only been increasing its dividend for 1 years.

Insiders buying/selling: Hudbay Minerals (NYSE:HBM)

In the past three months, Hudbay Minerals insiders have not sold or bought any company stock. 69.57% of the stock of Hudbay Minerals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Hudbay Minerals (NYSE:HBM

Earnings for Hudbay Minerals are expected to grow in the coming year, from ($0.54) to ($0.06) per share. The P/E ratio of Hudbay Minerals is -2.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Hudbay Minerals is -2.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Hudbay Minerals has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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