Hudbay Minerals Inc. (HBM) Beta and Market Comparison: S&P500 vs HBM

After finishing at $4.74 in the prior trading day, Hudbay Minerals Inc. (NYSE: HBM) closed at $4.54, down -4.22%. In other words, the price has decreased by -$0.2000 from its previous closing price. On the day, 1965568 shares were traded. HBM stock price reached its highest trading level at $4.6900 during the session, while it also had its lowest trading level at $4.5000.

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Ratios:

Our goal is to gain a better understanding of HBM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.65. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.78.

Upgrades & Downgrades

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HBM now has a Market Capitalization of 1.22B and an Enterprise Value of 2.25B. As of this moment, Hudbay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.23, and their Forward P/E ratio for the next fiscal year is 5.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 1.63 whereas that against EBITDA is 5.39.

Stock Price History:

Over the past 52 weeks, HBM has reached a high of $6.34, while it has fallen to a 52-week low of $3.08. The 50-Day Moving Average of the stock is 4.9720, while the 200-Day Moving Average is calculated to be 4.8899.

Shares Statistics:

The stock has traded on average 2.68M shares per day over the past 3-months and 1.68M shares per day over the last 10 days, according to various share statistics. A total of 262.03M shares are outstanding, with a floating share count of 261.63M. Insiders hold about 0.09% of the company’s shares, while institutions hold 67.60% stake in the company. Shares short for HBM as of Apr 27, 2023 were 9.83M with a Short Ratio of 9.83M, compared to 7.47M on Mar 30, 2023.

Dividends & Splits

In the trailing 12 months, HBM’s forward annual dividend rate was 0.01, compared to 0.02 this year. Against a Trailing Annual Dividend Yield of 0.32%, it implies a Forward Annual Dividend Yield of 0.31%. The stock’s 5-year Average Dividend Yield is 0.32.

Earnings Estimates

Its stock is currently analyzed by 10 different market analysts. On average, analysts expect EPS of $0.15 for the current quarter, with a high estimate of $0.27 and a low estimate of $0, while EPS last year was $0.12. The consensus estimate for the next quarter is $0.25, with high estimates of $0.39 and low estimates of $0.19.

Analysts are recommending an EPS of between $0.96 and $0.48 for the fiscal current year, implying an average EPS of $0.65. EPS for the following year is $0.92, with 10 analysts recommending between $1.43 and $0.3.

Revenue Estimates

2 analysts predict $430.76M in revenue for the current quarter. It ranges from a high estimate of $462.32M to a low estimate of $399.2M. As of the current estimate, Hudbay Minerals Inc.’s year-ago sales were $415.45M, an estimated increase of 3.70% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $499.91M, an increase of 76.60% over than the figure of $3.70% in the same quarter last year. There is a high estimate of $556.2M for the next quarter, whereas the lowest estimate is $443.61M.

A total of 10 analysts have provided revenue estimates for HBM’s current fiscal year. The highest revenue estimate was $1.86B, while the lowest revenue estimate was $1.58B, resulting in an average revenue estimate of $1.7B. In the same quarter a year ago, actual revenue was $1.46B, up 16.40% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $2.03B in the next fiscal year. The high estimate is $2.34B and the low estimate is $1.8B. The average revenue growth estimate for next year is up 19.30% from the average revenue estimate for this year.