Nexa Resources FY2026 EPS Forecast Lowered by Scotiabank

Nexa Resources S.A. (NYSE:NEXA) – Research analysts at Scotiabank lowered their FY2026 earnings estimates for shares of Nexa Resources in a report released on Sunday, April 13th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $0.21 for the year, down from their prior estimate of $0.22. Scotiabank currently has a “Sector Underperform” rating and a $4.50 target price on the stock. The consensus estimate for Nexa Resources’ current full-year earnings is $1.03 per share.

Several other brokerages also recently issued reports on NEXA. Bank of America lowered their price objective on shares of Nexa Resources from $8.00 to $6.50 and set an “underperform” rating for the company in a research report on Monday, March 10th. BMO Capital Markets started coverage on shares of Nexa Resources in a report on Wednesday. They set a “market perform” rating and a $6.00 price target for the company.

Nexa Resources Stock Performance

Shares of NYSE:NEXA opened at $6.11 on Wednesday. The business’s 50-day simple moving average is $5.67 and its 200 day simple moving average is $6.82. The company has a market cap of $808.54 million, a P/E ratio of -3.96 and a beta of 1.09. 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 one year low of $5.04 and a one year high of $9.61.

Nexa Resources (NYSE:NEXA) last released its quarterly earnings data on Thursday, February 20th. The company reported ($1.00) EPS for the quarter, missing the consensus estimate of $0.20 by ($1.20). Nexa Resources had a negative net margin of 7.37% and a negative return on equity of 8.49%. The company had revenue of $740.92 million during the quarter, compared to analysts’ expectations of $731.81 million.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Nexa Resources stock. Virtu Financial LLC bought a new stake in Nexa Resources S.A. (NYSE:NEXA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,341 shares of the company’s stock, valued at approximately $126,000.

Nexa Resources Company Profile

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.