Scotiabank Forecasts Ero Copper’s FY2026 Earnings (TSE:ERO)

Ero Copper Corp. (TSE:ERO) – Scotiabank reduced their FY2026 earnings per share (EPS) estimates for Ero Copper in a research note issued on Wednesday, February 11th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings of $6.50 per share for the year, down from their prior estimate of $7.33. The consensus estimate for Ero Copper’s current full-year earnings is $4.74 per share. Scotiabank also issued estimates for Ero Copper’s FY2027 earnings at $6.48 EPS.

Several other research firms have also recently issued reports on ERO. Canaccord Genuity Group raised shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 14th. Desjardins increased their target price on Ero Copper from C$37.50 to C$45.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Raymond James Financial cut Ero Copper from a “buy” rating to a “hold” rating and reduced their price target for the company from C$49.00 to C$45.00 in a report on Monday, February 9th. Freedom Capital upgraded Ero Copper to a “strong-buy” rating in a research note on Tuesday, December 30th. Finally, Stifel Nicolaus cut Ero Copper from a “buy” rating to a “hold” rating and increased their price objective for the stock from C$26.00 to C$37.00 in a research report on Tuesday, October 21st. Three research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$42.58.

Ero Copper Price Performance

ERO stock opened at C$41.80 on Monday. The company has a current ratio of 0.68, a quick ratio of 1.43 and a debt-to-equity ratio of 83.17. The company has a market capitalization of C$4.34 billion, a P/E ratio of 31.43, a PEG ratio of -0.72 and a beta of 1.99. The business has a 50 day simple moving average of C$40.96 and a 200-day simple moving average of C$31.63. Ero Copper has a twelve month low of C$13.17 and a twelve month high of C$53.69.

Insiders Place Their Bets

In other news, Director John H. Wright sold 15,000 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of C$52.11, for a total value of C$781,650.00. Following the completion of the transaction, the director owned 377,832 shares of the company’s stock, valued at C$19,688,825.52. The trade was a 3.82% decrease in their ownership of the stock. Insiders own 10.37% of the company’s stock.

Ero Copper Company Profile