Hudbay Minerals Inc. (HBM)
NYSE: HBM · IEX Real-Time Price · USD
9.17
+0.06 (0.66%)
At close: Jul 2, 2024, 4:00 PM
9.29
+0.12 (1.31%)
Pre-market: Jul 3, 2024, 4:03 AM EDT
Hudbay Minerals Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Hudbay Minerals stock have an average target of 10.2, with a low estimate of 8.00 and a high estimate of 13. The average target predicts an increase of 11.23% from the current stock price of 9.17.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 3, 2024.
Analyst Ratings
The average analyst rating for HBM stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 4 | 4 | 5 | 5 | 4 | 2 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 6 | 7 | 7 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $13 | Hold | Initiates | $13 | +41.77% | May 3, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $9 | Hold → Strong Buy | Upgrades | $9 | -1.85% | Apr 9, 2024 |
| Raymond James | Raymond James | Buy Maintains $9 → $11 | Buy | Maintains | $9 → $11 | +14.50% | Mar 20, 2024 |
| TD Securities | TD Securities | Strong Buy Maintains $11 → $11 | Strong Buy | Maintains | $11 → $11 | +14.50% | Sep 12, 2023 |
| Credit Suisse | Credit Suisse | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | -12.76% | Aug 21, 2023 |
Financial Forecast
Revenue This Year
2.10B
from 1.69B
Increased by 24.26%
Revenue Next Year
2.19B
from 2.10B
Increased by 4.29%
EPS This Year
0.59
from 0.22
Increased by 166.70%
EPS Next Year
0.82
from 0.59
Increased by 39.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.3B | 2.6B | 2.5B | 2.5B |
| Avg | 2.1B | 2.2B | 2.1B | 2.1B |
| Low | 1.9B | 1.9B | 1.9B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 38.2% | 25.1% | 13.5% | 16.6% |
| Avg | 24.3% | 4.3% | -4.0% | 2.0% |
| Low | 11.8% | -8.8% | -14.8% | -10.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.17 | 1.48 | 1.55 | 1.75 |
| Avg | 0.59 | 0.82 | 0.75 | 1.69 |
| Low | 0.23 | 0.39 | 0.18 | 1.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 429.8% | 152.3% | 89.6% | 135.2% |
| Avg | 166.7% | 39.7% | -9.0% | 126.2% |
| Low | 2.5% | -33.2% | -78.5% | 119.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.