Nexa Resources S.A. (NEXA)
NYSE: NEXA · IEX Real-Time Price · USD
7.62
-0.06 (-0.78%)
At close: Jul 2, 2024, 4:00 PM
7.79
+0.17 (2.23%)
After-hours: Jul 2, 2024, 7:20 PM EDT
Nexa Resources Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Nexa Resources stock have an average target of 7.00, with a low estimate of 6.00 and a high estimate of 7.50. The average target predicts a decrease of -8.14% from the current stock price of 7.62.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Nexa Resources stock from 5 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $7 → $7.5 | Sell | Maintains | $7 → $7.5 | -1.57% | Jun 21, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $6 → $7 | Sell | Maintains | $6 → $7 | -8.14% | May 30, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $7.5 → $7 | Hold | Maintains | $7.5 → $7 | -8.14% | May 3, 2024 |
| Scotiabank | Scotiabank | Sell Maintains $4.5 → $6 | Sell | Maintains | $4.5 → $6 | -21.26% | Apr 9, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $6 → $6.5 | Hold | Maintains | $6 → $6.5 | -14.70% | Apr 2, 2024 |
Financial Forecast
Revenue This Year
2.54B
from 2.57B
Decreased by -1.25%
Revenue Next Year
2.58B
from 2.54B
Increased by 1.34%
EPS This Year
0.21
from -2.18
EPS Next Year
1.01
from 0.21
Increased by 380.64%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.7B | 2.8B | 2.7B |
| Avg | 2.5B | 2.6B | 2.6B |
| Low | 2.4B | 2.3B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.8% | 9.7% | 4.5% |
| Avg | -1.3% | 1.3% | 0.4% |
| Low | -8.2% | -7.6% | -5.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.51 | 1.95 | 3.72 |
| Avg | 0.21 | 1.01 | 1.58 |
| Low | -0.12 | 0.28 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 826.5% | 266.9% |
| Avg | - | 380.6% | 56.4% |
| Low | - | 34.8% | -75.8% |
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.