Based on ratings from 6 stock analysts, the Hudbay Minerals Inc stock price is expected to increase by 37.84% in 12 months. This is calculated by using the average 12-month stock price forecast for Hudbay Minerals Inc. The lowest target is $11.48 and the highest is $12.91. Please note analyst price targets are not guaranteed and could be missed completely.
Hudbay Minerals Inc has a total of 6 Wall St Analyst ratings. There are 6 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Hudbay Minerals Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of HBM.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Matthew Murphy Jefferies | Hold | $14 | Maintains | Jul 12, 2024 |
Matthew Murphy Jefferies | Hold | $13 | Initiates | May 3, 2024 |
Lawson Winder B of A Securities | Buy | $9 | Upgrade | Apr 9, 2024 |
Farooq Hamed Raymond James | Outperform | $10.5 | Maintains | Mar 20, 2024 |
Greg Barnes TD Securities | Buy | $10.5 | Maintains | Sep 12, 2023 |
Credit Suisse | Outperform | Maintains | Aug 21, 2023 | |
Matthew Murphy Barclays | Overweight | Upgrade | Jul 7, 2023 | |
Orest Wowkodaw Scotiabank | Sector Outperform | $10.5 | Maintains | Jun 28, 2023 |
Oscar Cabrera CIBC | Outperformer | $9 | Maintains | Jun 21, 2023 |
Scotiabank | Sector Outperform | Maintains | Apr 18, 2023 | |
Scotiabank | Sector Outperform | Maintains | Mar 31, 2023 | |
Scotiabank | Sector Outperform | Maintains | Mar 14, 2023 | |
RBC Capital | Outperform | Upgrade | Mar 31, 2021 | |
Oscar Cabrera CIBC | Outperformer | $8 | Upgrade | Jan 23, 2020 |
ScotiaBank | Sector Outperform | Downgrade | Nov 12, 2019 | |
Scotiabank | Sector Outperform | Downgrade | Nov 12, 2019 | |
Credit Suisse | Outperform | Upgrade | Mar 11, 2019 | |
BMO Capital | Outperform | Initiates | Jan 9, 2019 | |
RBC Capital | Sector Perform | Downgrade | Dec 13, 2018 | |
Barclays | Overweight | Initiates | Oct 10, 2018 |
When did it IPO
2009
Staff Count
0
Country
Canada
Sector/Industry
Basic Materials/Copper
CEO
Mr. Peter Gerald Jan Kukielski Bsc, Msc
Market Cap
$3.44B
In 2023, HBM generated $1.69B in revenue, which was a increase of 15.64% from the previous year. This can be seen as a signal that HBM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - HudBay Minerals (HBM) is set to report its Q3 2024 results, with analysts focusing on both top and bottom-line estimates, as well as key performance metrics for deeper insights.
Why It Matters - HudBay Minerals' performance against estimates impacts stock valuation and investor sentiment, influencing trading decisions and potential future earnings growth.
Summary - HudBay Minerals (HBM) is expected to report strong earnings due to favorable conditions. Investors should prepare for key insights in the upcoming earnings report.
Why It Matters - HudBay Minerals' potential earnings beat may boost its stock price, indicating strong performance and investor confidence, which can attract more investment and positively impact market perception.
Summary - HudBay Minerals (HBM) closed at $9.06 in the latest trading session, showing no change from the prior day.
Why It Matters - HudBay Minerals' stable closing price suggests a lack of volatility, which may signal market confidence or uncertainty, impacting investor sentiment and trading strategies.
Summary - Investors can utilize the Zacks Earnings ESP to identify stocks likely to surpass quarterly earnings estimates.
Why It Matters - The Zacks Earnings ESP highlights stocks likely to outperform earnings expectations, offering investors a strategic tool for identifying potential growth opportunities.
Summary - HudBay Minerals (HBM) closed at $9.58, reflecting a decline of 0.42% from the previous trading day.
Why It Matters - HudBay Minerals' slight decline indicates potential volatility, affecting investor sentiment and decisions regarding short-term trading and long-term investment strategies.
Summary - Hudbay Minerals Inc. will hold a conference call on November 13, 2024, at 11:00 a.m. ET to discuss its Q3 2024 results.
Why It Matters - Hudbay's upcoming Q3 2024 results call may reveal key financial performance metrics, impacting stock valuation and investor sentiment based on operational insights and future outlook.