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.

Many analysts weighed in on price targets for HBM. The most optimistic price target was 13.75, which equates to a potential upside of 84.56 percent. The minimum price target given was 9.5, which equates to a potential downside of 27.52 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

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. 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.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

In the trailing 52-weeks, HBM hit 9.15 at the highest peak, while it's lowest trading point was 3.57. The current market price is above the trailing year's low by 108.68 percent, and below the high by 18.58 percent. 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 will post this quarters earnings in days, on 0000-00-00.