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HudBay Minerals (HBM) Suffers a Larger Drop Than the General Market: Key Insights
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HudBay Minerals (HBM - Free Report) closed the most recent trading day at $23.36, moving -1.02% from the previous trading session. This change lagged the S&P 500's 0.31% loss on the day. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
Shares of the mining company witnessed a loss of 11.54% over the previous month, trailing the performance of the Basic Materials sector with its loss of 3.42%, and the S&P 500's gain of 0.87%.
Investors will be eagerly watching for the performance of HudBay Minerals in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 12, 2026. The company is predicted to post an EPS of $0.35, indicating a 1066.67% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $815.74 million, indicating a 135.22% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.4 per share and a revenue of $2.88 billion, representing changes of +108.96% and +30.48%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for HudBay Minerals. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 1.69% fall in the Zacks Consensus EPS estimate. HudBay Minerals currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, HudBay Minerals is holding a Forward P/E ratio of 16.86. This expresses no noticeable deviation compared to the average Forward P/E of 16.86 of its industry.
Meanwhile, HBM's PEG ratio is currently 0.43. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Mining - Miscellaneous industry was having an average PEG ratio of 0.8.
The Mining - Miscellaneous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 161, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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HudBay Minerals (HBM) Suffers a Larger Drop Than the General Market: Key Insights
HudBay Minerals (HBM - Free Report) closed the most recent trading day at $23.36, moving -1.02% from the previous trading session. This change lagged the S&P 500's 0.31% loss on the day. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 1.38%.
Shares of the mining company witnessed a loss of 11.54% over the previous month, trailing the performance of the Basic Materials sector with its loss of 3.42%, and the S&P 500's gain of 0.87%.
Investors will be eagerly watching for the performance of HudBay Minerals in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 12, 2026. The company is predicted to post an EPS of $0.35, indicating a 1066.67% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $815.74 million, indicating a 135.22% increase compared to the same quarter of the previous year.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.4 per share and a revenue of $2.88 billion, representing changes of +108.96% and +30.48%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for HudBay Minerals. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, there's been a 1.69% fall in the Zacks Consensus EPS estimate. HudBay Minerals currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, HudBay Minerals is holding a Forward P/E ratio of 16.86. This expresses no noticeable deviation compared to the average Forward P/E of 16.86 of its industry.
Meanwhile, HBM's PEG ratio is currently 0.43. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Mining - Miscellaneous industry was having an average PEG ratio of 0.8.
The Mining - Miscellaneous industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 161, placing it within the bottom 35% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.