FY2026 EPS Estimate for Nexa Resources Increased by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Nexa Resources in a note issued to investors on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings per share of $3.03 for the year, up from their prior estimate of $3.01. Scotiabank currently has a “Sector Perform” rating and a $15.00 target price on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $2.81 per share.

Nexa Resources (NYSE:NEXA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $888.32 million during the quarter, compared to analyst estimates of $885.90 million. Nexa Resources had a net margin of 6.44% and a return on equity of 16.32%.

A number of other research analysts have also commented on the company. Wall Street Zen raised Nexa Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday. Morgan Stanley increased their price target on Nexa Resources from $11.50 to $12.50 and gave the company an “equal weight” rating in a report on Wednesday. Zacks Research raised shares of Nexa Resources from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 12th. Weiss Ratings restated a “hold (c)” rating on shares of Nexa Resources in a research note on Wednesday, April 22nd. Finally, Citigroup upped their price objective on shares of Nexa Resources from $12.50 to $16.00 and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.75.

Nexa Resources Price Performance

Shares of NYSE:NEXA opened at $12.87 on Wednesday. Nexa Resources has a fifty-two week low of $4.61 and a fifty-two week high of $16.89. The business has a 50-day moving average of $14.02 and a two-hundred day moving average of $12.38. The stock has a market capitalization of $1.70 billion, a P/E ratio of 8.15, a P/E/G ratio of 0.30 and a beta of 0.94. The company has a debt-to-equity ratio of 1.13, a current ratio of 0.85 and a quick ratio of 0.54.

Institutional Trading of Nexa Resources

A number of hedge funds have recently bought and sold shares of the stock. Sagil Capital LLP acquired a new stake in Nexa Resources in the 4th quarter worth $11,651,000. Dimensional Fund Advisors LP lifted its stake in shares of Nexa Resources by 47.2% in the first quarter. Dimensional Fund Advisors LP now owns 1,292,701 shares of the company’s stock valued at $13,684,000 after buying an additional 414,474 shares during the period. Marshall Wace LLP acquired a new stake in Nexa Resources during the fourth quarter worth about $8,653,000. Renaissance Technologies LLC increased its stake in Nexa Resources by 3.2% during the first quarter. Renaissance Technologies LLC now owns 879,872 shares of the company’s stock valued at $9,318,000 after acquiring an additional 27,072 shares during the period. Finally, Bank of America Corp DE increased its stake in Nexa Resources by 133.6% during the first quarter. Bank of America Corp DE now owns 734,476 shares of the company’s stock valued at $7,778,000 after acquiring an additional 420,005 shares during the period.

Nexa Resources Company Profile

Nexa Resources SA is a Brazil-based metals and mining company with a primary focus on zinc and copper. Listed on the New York Stock Exchange under the ticker NEXA, the firm develops, extracts and processes mineral resources for industrial applications worldwide. Headquartered in São Paulo, Brazil, Nexa is a leading participant in Latin America’s mining sector with a diversified portfolio of upstream and downstream operations.

The company’s operations span multiple mining and smelting complexes in Brazil’s Minas Gerais and Mato Grosso regions, as well as in Peru’s coastal and Andean zones.