Nexa Resources (NYSE:NEXA – Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $731.81 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
Nexa Resources Trading Down 0.4 %
NEXA stock opened at $5.56 on Tuesday. The business has a fifty day moving average price of $6.96 and a 200 day moving average price of $7.10. Nexa Resources has a fifty-two week low of $5.10 and a fifty-two week high of $9.61. The stock has a market capitalization of $736.37 million, a price-to-earnings ratio of -3.68 and a beta of 1.45. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.13 and a quick ratio of 0.76.
Wall Street Analyst Weigh In
Several research firms have recently commented on NEXA. Scotiabank lowered their target price on Nexa Resources from $7.00 to $5.00 and set a “sector underperform” rating for the company in a research note on Friday, February 7th. Morgan Stanley raised Nexa Resources from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $7.50 to $7.80 in a research note on Thursday, December 12th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $7.16.
About Nexa Resources
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.
Read More
- Five stocks we like better than Nexa Resources
- 5 Top Rated Dividend Stocks to Consider
- Airbnb’s Earnings: Sky High Results, Grounded Guidance?
- What Makes a Stock a Good Dividend Stock?
- Kyndryl Soars on AI, Cybersecurity Growth—What’s Next?
- Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?
- Conflicting Signals: Tempus AI’s Stock Market Rally
Receive News & Ratings for Nexa Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nexa Resources and related companies with MarketBeat.com's FREE daily email newsletter.
