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 minimum price target given was 9.5, implying a possible loss of 27.52 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Analysts have revised their earnings estimates downwards for this quarter, by about -26.39 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -22.5 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -8.06 percent. If we look at the last 90 days instead, we find a net average change of -26.1 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. 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. Currently the stock is 108.68 percent higher than its low, and 18.58 percent lower than its 52-week 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.