During the recent session, Hudbay Minerals Inc (NYSE:HBM)’s traded shares were 1.79 million, with the beta value of the company hitting 1.68. At the last check today, the stock’s price was $6.95, reflecting an intraday loss of -3.80% or -$0.28. The 52-week high for the HBM share is $10.49, that puts it down -50.94 from that peak though still a striking 10.79% gain since the share price plummeted to a 52-week low of $6.20. The company’s market capitalization is $2.44B, and the average trade volume was 6.14 million shares over the past three months.
Hudbay Minerals Inc (HBM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.07. HBM has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.16.
Hudbay Minerals Inc (NYSE:HBM) trade information
Hudbay Minerals Inc (HBM) registered a -3.80% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.80% in intraday trading to $6.95, hitting a weekly high. The stock’s 5-day price performance is -2.18%, and it has moved by -21.15% in 30 days. Based on these gigs, the overall price performance for the year is 16.11%.
The consensus price target of analysts on Wall Street is $10.34, which implies an increase of 32.79% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $10.34471789 and $10.34471789 respectively. As a result, HBM is trading at a discount of -48.84% off the target high and -48.84% off the low.
Hudbay Minerals Inc (HBM) estimates and forecasts
In the rating firms’ projections, revenue will increase 2.91% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 534.22M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 519.49M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 524.99M and 425.52M respectively. In this case, analysts expect current quarter sales to grow by 1.76% and then jump by 22.08% in the coming quarter. While earnings are projected to return 38.03% in 2025, the next five years will return 16.07% per annum.
HBM Dividends
Hudbay Minerals Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Hudbay Minerals Inc is 0.01, with the dividend yield indicating at 0.21 percent, continuing the trend of increasing dividends in recent years.
Hudbay Minerals Inc (NYSE:HBM)’s Major holders
The next largest institutional holding, with 14.78 million shares, is of VANGUARD GROUP INC’s that is approximately 4.2148% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $133.8 million.
Also, the Mutual Funds coming in first place with the largest holdings of Hudbay Minerals Inc (HBM) shares are Global X Fds-Global X Copper Miners ETF and Invesco Small Cap Value Fd. Data provided on Dec 31, 2024 indicates that Global X Fds-Global X Copper Miners ETF owns about 13.91 shares. This amounts to just over 3.52 percent of the company’s overall shares, with a $96.41 million market value. The same data shows that the other fund manager holds slightly less at 8.73, or about 2.21% of the stock, which is worth about $60.52 million.
