BMO Capital Markets Trims Hudbay Minerals (HBM) Target Price to C$11.50

Among 6 analysts covering Hudbay Minerals Inc (NYSE:HBM), 3 have Buy rating, 1 Sell and 2 Hold.

Analysts expect Hudbay Minerals Inc. Analysts forecast $0.20 EPS, which is $0.21 up or 2,100.00 % from 2017's $-0.01 EPS. T_HBM's profit would be $67.94M giving it 9.02 P/E if the $0.26 EPS is correct.

Analysts are expecting average earnings estimates of $0.18 for the current quarter based on the opinion of 10 analysts, relating to high earnings per share estimates of $0.23 and low estimates of $0.08, however Hudbay Minerals Inc (NYSE:HBM) reported $0.02 earnings per share for the same quarter a year ago. Deutsche Bank AG now owns 1,655,152 shares of the mining company's stock worth $14,564,000 after acquiring an additional 707,305 shares in the last quarter. About 389,486 shares traded. The stock decreased 0.68% or $0.05 during the last trading session, reaching $7.35. It has underperformed by 35.41% the S&P500.

Hudbay Minerals Inc., an integrated mining company, together with its subsidiaries, focuses on the discovery, production, and marketing of base and precious metals in North and South America.The company has $1.86 billion market cap. BMO Capital Markets maintained it with "Market Perform" rating and $10.75 target in Monday, October 2 report. It produces copper concentrates containing copper, gold, and silver; and zinc metal.The P/E ratio is 11. The company has a current ratio of 1.87, a quick ratio of 1.47 and a debt-to-equity ratio of 0.49. The company owns four polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru; and a copper project in Arizona, the United States.

Hudbay Minerals Inc (NYSE:HBM) has average revenue estimates of $364.97 Million, compared to low analyst estimates of $348.59 Million and high estimates of $390 Million for the current quarter. Therefore 50% are positive. The company has a market capitalization of $1,972.60, a price-to-earnings ratio of 13.73 and a beta of 2.98. The Return on Equity ratio of HudBay Minerals, Inc. Macquarie upgraded Hudbay Minerals from a "neutral" rating to an "outperform" rating in a report on Tuesday, March 27th. The stock of Hudbay Minerals Inc. National Bank Financial now has a "Sector Perform" rating on the stock. The company was maintained on Friday, October 21 by B. Riley & Co. The firm has "Hold" rating by Stifel Nicolaus given on Monday, July 17. The company was upgraded on Monday, May 16 by RBC Capital Markets. The firm earned "Equal-Weight" rating on Wednesday, March 7 by Barclays Capital. The company was maintained on Thursday, September 3 by Raymond James. The stock has "Outperform" rating by RBC Capital Markets on Tuesday, November 22.

Analysts await Moody's Corporation (NYSE:MCO) to report earnings on April, 27 before the open. Hudbay Minerals Inc (NYSE:HBM)'s price to sales ratio for trailing twelve month stands at 1.45, whereas its price to book ratio for the most recent quarters is at 0.92. MCK's profit will be $730.44 million for 10.41 P/E if the $3.54 EPS becomes a reality.

Equities research analysts at Cormark raised their Q2 2017 earnings per share (EPS) estimates for Hudbay Minerals in a research note issued to investors on Thursday.

A number of other research analysts have also recently issued reports on HBM. Alibaba Group Hldg Ltd (NYSE:BABA) was raised too.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Therefore 11% are positive. SunTrust maintained the stock with "Hold" rating in Wednesday, January 31 report. The stock has "Equal-Weight" rating by Morgan Stanley on Thursday, February 1. Citigroup maintained Tupperware Brands Corporation (NYSE:TUP) on Tuesday, July 19 with " rating. Credit Suisse maintained the stock with "Neutral" rating in Monday, September 11 report. As per Friday, March 18, the company rating was maintained by Citigroup. Deutsche Bank maintained McKesson Corporation (NYSE:MCK) on Tuesday, January 12 with "Buy" rating.

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