FY2026 EPS Estimates for Nexa Resources Increased by Analyst

Nexa Resources S.A. (NYSE:NEXA) – Research analysts at Scotiabank upped their FY2026 earnings per share (EPS) estimates for shares of Nexa Resources in a note issued to investors on Thursday, June 18th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $3.01 for the year, up from their prior forecast of $2.60. Scotiabank has a “Sector Perform” rating and a $14.50 price objective on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $2.81 per share. Scotiabank also issued estimates for Nexa Resources’ FY2027 earnings at $2.96 EPS.

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

NEXA has been the topic of several other reports. Wall Street Zen cut Nexa Resources from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. Citigroup lifted their price target on shares of Nexa Resources from $12.50 to $16.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexa Resources in a research note on Wednesday, April 22nd. Zacks Research upgraded Nexa Resources from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Finally, JPMorgan Chase & Co. upped their target price on Nexa Resources from $7.00 to $7.50 and gave the company a “neutral” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $11.43.

Nexa Resources Stock Performance

Shares of NEXA stock opened at $14.21 on Monday. The company’s 50-day simple moving average is $14.31 and its 200-day simple moving average is $11.94. Nexa Resources has a one year low of $4.44 and a one year high of $16.89. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 8.99, a PEG ratio of 0.32 and a beta of 0.89. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.54 and a current ratio of 0.85.

Institutional Trading of Nexa Resources

Several hedge funds have recently added to or reduced their stakes in the business. Police & Firemen s Retirement System of New Jersey bought a new position in shares of Nexa Resources in the fourth quarter worth $36,000. Nano Cap New Millennium Growth Fund L P bought a new position in Nexa Resources in the 4th quarter valued at about $44,000. Royal Bank of Canada raised its position in shares of Nexa Resources by 173.8% during the 1st quarter. Royal Bank of Canada now owns 4,386 shares of the company’s stock worth $47,000 after buying an additional 2,784 shares in the last quarter. First Affirmative Financial Network acquired a new stake in shares of Nexa Resources in the 3rd quarter worth approximately $63,000. Finally, New York State Common Retirement Fund bought a new position in shares of Nexa Resources in the fourth quarter valued at approximately $83,000.

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.