Analyst Ratings for Hudbay Minerals Inc. (HBM)

Updated: 2017-07-27

Analysts covering Hudbay Minerals Inc. (NYSE:HBM) have given it a consensus rating of Overweight. Last month, HBM received an average rating of Overweight.

9 analysts declared HBM a buy, 1 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

HBM was given price targets by several analysts. The most optimistic analyst gave a price target of 13.75, implying potential capital gains of 84.56 percent. The most pessimistic analyst gave a price target of 9.5, implying a possible loss of 27.52 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -26.39 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -22.5 percent. Meanwhile, fiscal year estimates have been revised downwards by -8.06 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -26.1 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 3 analysts made negative revisions to their fiscal year's estimates.

HBM has traded between a high of 9.15 and a low of 3.57 over the past year. Today's price is 108.68 percent above the 52-week low, and 18.58 percent below the high. HBM has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The HBM value stock report compares HBM to some of its peers using value stock charts. The stock has a market capitalization of $2.36 billion. HBM is estimated to release their earnings results for the quarter on 0000-00-00, days from today.