With 1.51 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.45 million shares. During the session, the Copper company that operates in wider Basic Materials sector, reached to the highest price of $9.22 whereas the lowest price it dropped to was $9.02. The 52-week range on HBM shows that it touched its highest point at $10.49 and its lowest point at $4.30 during that stretch. It currently has a 1-year price target of $11.43. With its current market cap of 4.97 billion, HBM has annualized dividend of $0.01 while the current yield stands at 0.16%. Beta for the stock currently stands at 1.80.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HBM was up-trending over the past week, with a rise of 4.52%, but this was down by -5.75% over a month. Three-month performance surged to 14.18% while six-month performance fell -4.85%. The stock gained 99.56% in the past year, while it has gained 63.41% so far this year. A look at the trailing 12-month EPS for HBM yields 0.23 with Next year EPS estimates of 0.98. For the next quarter, that number is 0.28. This implies an EPS growth rate of 125.04% for this year and 89.94% for next year.
Float and Shares Shorts:
At present, 350.73 million HBM shares are outstanding with a float of 350.46 million shares on hand for trading. On 2024-10-31, short shares totaled 4.61 million, which was 117.0 higher than short shares on 1727654400. In addition to Mr. Peter Gerald Jan Kukielski Bsc, Msc as the firm’s President, CEO & Director, Mr. Chi-Yen Lei serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.73484004 of HBM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, HBM reported revenue of $485773000.0 and operating income of $104870000.0. The EBITDA in the recently reported quarter was $196520000.0 and diluted EPS was $0.13.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBM since 10 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HBM analysts setting a high price target of 11.75 and a low target of 11.75, the average target price over the next 12 months is 11.75. Based on these targets, HBM could surge 30.27% to reach the target high and rise by 30.27% to reach the target low. Reaching the average price target will result in a growth of 30.27% from current levels.
Analysts have provided yearly estimates in a range of $0.67173 being high and $0.34636 being low. For HBM, this leads to a yearly average estimate of $0.51429. The surprise factor in the prior quarter was $0.06. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.47. The average estimate for the next quarter is thus $0.55.
