Hudbay Minerals-HudBay Minerals (HBM) Stock Drops Despite Market Gains: Important Facts to Note

Company Performance - HudBay Minerals (HBM) closed at $7.45, reflecting a -1.46% change from the previous day's closing price, underperforming the S&P 500's gain of 0.74% [1] - Over the past month, HBM shares have decreased by 5.5%, compared to a loss of 2.61% in the Basic Materials sector and a 4.77% loss in the S&P 500 [1] Upcoming Earnings - The company's earnings report is scheduled for May 12, 2025, with projected EPS of$ 0.12, indicating a 25% decline from the same quarter last year [2] - Revenue is anticipated to be $526.47 million, showing a slight increase of 0.28% compared to the same quarter last year [2] Full Year Estimates - For the full year, analysts expect earnings of$ 0.53 per share and revenue of $2.12 billion, representing increases of +10.42% and +5.1% respectively from the previous year [3] Analyst Estimates and Rankings - Recent changes to analyst estimates for HudBay Minerals are crucial as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks HudBay Minerals at 3 (Hold), with a consensus EPS projection that has decreased by 5.87% in the last 30 days [6] Valuation Metrics - HudBay Minerals has a Forward P/E ratio of 14.34, which aligns with the industry's average [7] - The company also has a PEG ratio of 0.28, compared to the Mining - Miscellaneous industry's average PEG ratio of 0.5 [7] Industry Context - The Mining - Miscellaneous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 144, placing it in the bottom 42% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]