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 maximum price target given was 13.75, implying a possible profit of 84.56 percent. The most pessimistic price target was 9.5, implying potential capital losses 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.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -26.39 percent. That number becomes -22.5 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -8.06 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -26.1 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.

HBM has a 52-week high of 9.15 and a 52-week low of 3.57. The current market price is above the trailing year's low by 108.68 percent, and 18.58 percent below the high. HBM has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.