HudBay Minerals (HBM) Stock Dips While Market Gains: Key Facts

Group 1 - HudBay Minerals (HBM) stock closed at $10.12, down 2.13% from the previous trading session, underperforming the S&P 500's gain of 0.32% [1] - The stock has increased by 4.66% over the past month, outperforming the Basic Materials sector's gain of 0.43% and the S&P 500's gain of 4.51% [1] Group 2 - The upcoming earnings release is expected to show quarterly revenue of $551.91 million, representing a 29.7% increase year-over-year [2] - For the full year, analysts expect earnings of $0.69 per share and revenue of $2.22 billion, indicating changes of +43.75% and +9.67% from the previous year [2] Group 3 - Recent analyst estimate revisions for HudBay Minerals reflect positive sentiment regarding the company's near-term business trends [3] - The Zacks Rank system, which incorporates estimate changes, provides actionable ratings, with a strong correlation between estimate revisions and share price momentum [4] Group 4 - HudBay Minerals currently holds a Zacks Rank of 1 (Strong Buy), with the Zacks Consensus EPS estimate having increased by 5.05% in the past month [5] - The company is trading at a Forward P/E ratio of 14.9, which is below the industry average of 20.83, and has a PEG ratio of 0.29 compared to the industry average of 0.82 [6] Group 5 - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 164, placing it in the bottom 34% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]