Nexa Resources S.A. (NYSE:NEXA – Free Report) – Research analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Nexa Resources in a report released on Wednesday, January 8th. Scotiabank analyst O. Wowkodaw expects that the company will earn $0.76 per share for the year. Scotiabank currently has a “Sector Underperform” rating and a $7.00 price target on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is ($0.08) per share.
Separately, Morgan Stanley upgraded Nexa Resources from an “underweight” rating to an “equal weight” rating and increased their price target for the stock from $7.50 to $7.80 in a report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $7.56.
Nexa Resources Stock Up 5.0 %
Shares of NYSE:NEXA opened at $6.92 on Thursday. The business’s 50 day simple moving average is $7.89 and its two-hundred day simple moving average is $7.38. The firm has a market cap of $916.48 million, a P/E ratio of -4.58 and a beta of 1.48. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.76 and a current ratio of 1.13. Nexa Resources has a 52-week low of $5.10 and a 52-week high of $9.61.
Institutional Trading of Nexa Resources
A hedge fund recently raised its stake in Nexa Resources stock. Renaissance Technologies LLC lifted its holdings in shares of Nexa Resources S.A. (NYSE:NEXA – Free Report) by 3.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 341,792 shares of the company’s stock after acquiring an additional 12,092 shares during the quarter. Renaissance Technologies LLC owned 0.26% of Nexa Resources worth $2,611,000 at the end of the most recent quarter.
About Nexa Resources
Nexa Resources SA, together with its subsidiaries, engages in the zinc mining and smelting business worldwide. The company operates in two segments, Mining and Smelting. It produces zinc, zamac, zinc oxide, and zincal, as well as by-products, such as copper, lead, silver, gold, copper sulfate, sulfuric acid, copper cementum, silver concentrate, slag aggregates, and cadmium/sponge deposits.
Featured Stories
- Five stocks we like better than Nexa Resources
- What Are Treasury Bonds?
- NVIDIA Deal Ignites Aurora Stock’s Explosive Potential
- 2 Fintech Stocks to Buy Now and 1 to Avoid
- Why AMD Stock Might Already Be This Year’s Best Buy
- How to Invest in Blue Chip Stocks
- 3 Promising Penny Stocks to Watch for Long-Term Gains in 2025
Receive News & Ratings for Nexa Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexa Resources and related companies with MarketBeat.com's FREE daily email newsletter.