FY2026 EPS Estimates for Nexa Resources Lifted by Scotiabank

Nexa Resources S.A. (NYSE:NEXA) – Stock analysts at Scotiabank boosted their FY2026 EPS estimates for shares of Nexa Resources in a report released on Tuesday, July 7th. Scotiabank analyst O. Wowkodaw now anticipates that the company will post earnings of $3.03 per share for the year, up from their previous 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 posted its quarterly earnings results on Thursday, May 7th. The company reported $0.67 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.67. The firm 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%.

Several other brokerages have also commented on NEXA. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexa Resources in a research note on Wednesday, April 22nd. Zacks Research raised Nexa Resources from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Citigroup boosted their target price on shares of Nexa Resources from $12.50 to $16.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of Nexa Resources from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Morgan Stanley lifted their price target on shares of Nexa Resources from $11.50 to $12.50 and gave the company an “equal weight” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $12.75.

Nexa Resources Trading Down 2.6%

NEXA stock opened at $12.87 on Wednesday. Nexa Resources has a 1-year low of $4.61 and a 1-year high of $16.89. The company has a current ratio of 0.85, a quick ratio of 0.54 and a debt-to-equity ratio of 1.13. The business’s 50 day moving average is $14.02 and its 200-day moving average is $12.38. The firm has a market cap 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.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NEXA. Royal Bank of Canada grew its holdings in 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 acquiring an additional 2,784 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of Nexa Resources by 17.5% during the first quarter. Hsbc Holdings PLC now owns 19,333 shares of the company’s stock worth $203,000 after purchasing an additional 2,879 shares in the last quarter. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of Nexa Resources during the fourth quarter valued at approximately $36,000. Nano Cap New Millennium Growth Fund L P acquired a new stake in shares of Nexa Resources in the fourth quarter valued at approximately $44,000. Finally, Engineers Gate Manager LP increased its holdings in shares of Nexa Resources by 69.7% in the fourth quarter. Engineers Gate Manager LP now owns 17,546 shares of the company’s stock valued at $155,000 after purchasing an additional 7,206 shares in the last quarter.

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.