Raymond James Has Bearish Outlook for Ero Copper Q1 Earnings

Ero Copper Corp. (NYSE:ERO) – Research analysts at Raymond James cut their Q1 2025 earnings estimates for Ero Copper in a note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now forecasts that the company will post earnings of $0.18 per share for the quarter, down from their prior estimate of $0.19. Raymond James currently has a “Outperform” rating on the stock. The consensus estimate for Ero Copper’s current full-year earnings is $0.71 per share. Raymond James also issued estimates for Ero Copper’s Q2 2025 earnings at $0.67 EPS and Q4 2025 earnings at $0.81 EPS.

A number of other research analysts also recently issued reports on the stock. TD Cowen upgraded shares of Ero Copper from a “hold” rating to a “buy” rating in a research report on Wednesday, February 12th. BMO Capital Markets assumed coverage on shares of Ero Copper in a research note on Wednesday. They set an “outperform” rating for the company. Desjardins started coverage on shares of Ero Copper in a research note on Friday, April 4th. They issued a “hold” rating on the stock. Finally, TD Securities upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Ero Copper has an average rating of “Buy” and an average target price of $26.33.

Ero Copper Trading Down 0.0 %

Shares of ERO opened at $10.93 on Friday. The stock’s fifty day simple moving average is $12.24 and its 200-day simple moving average is $14.61. The firm has a market capitalization of $1.13 billion, a PE ratio of 64.26 and a beta of 1.10. Ero Copper has a 12-month low of $9.30 and a 12-month high of $24.34. The company has a quick ratio of 0.45, a current ratio of 0.68 and a debt-to-equity ratio of 0.71.

Ero Copper (NYSE:ERO) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04). The firm had revenue of $122.50 million for the quarter, compared to analyst estimates of $183.26 million. Ero Copper had a return on equity of 11.30% and a net margin of 3.67%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Jennison Associates LLC boosted its position in shares of Ero Copper by 3.5% during the fourth quarter. Jennison Associates LLC now owns 5,909,627 shares of the company’s stock worth $79,645,000 after purchasing an additional 198,800 shares in the last quarter. Invesco Ltd. raised its stake in Ero Copper by 22.6% during the 4th quarter. Invesco Ltd. now owns 3,890,977 shares of the company’s stock worth $52,450,000 after buying an additional 715,999 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Ero Copper by 5.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,527,158 shares of the company’s stock worth $47,529,000 after acquiring an additional 176,637 shares in the last quarter. 683 Capital Management LLC grew its stake in Ero Copper by 20.4% in the fourth quarter. 683 Capital Management LLC now owns 2,468,367 shares of the company’s stock valued at $33,272,000 after acquiring an additional 418,367 shares during the period. Finally, Boston Partners increased its holdings in shares of Ero Copper by 66.9% in the fourth quarter. Boston Partners now owns 1,101,265 shares of the company’s stock worth $14,850,000 after acquiring an additional 441,413 shares in the last quarter. Institutional investors and hedge funds own 71.30% of the company’s stock.

Ero Copper Company Profile

Ero Copper Corp. engages in the exploration, development, and production of mining projects in Brazil. The company is involved in the production and sale of copper concentrate from the Caraíba operations located in the Curaçá Valley, northeastern Bahia state, Brazil, as well as gold and silver by-products.