What is Raymond James’ Forecast for Ero Copper Q1 Earnings?

Ero Copper Corp. (NYSE:ERO) – Stock analysts at Raymond James cut their Q1 2025 earnings estimates for shares of Ero Copper in a report released on Tuesday, February 11th. Raymond James analyst F. Hamed now forecasts that the company will post earnings of $0.17 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Ero Copper’s current full-year earnings is $0.91 per share. Raymond James also issued estimates for Ero Copper’s Q3 2025 earnings at $0.74 EPS.

Several other research analysts have also weighed in on ERO. StockNews.com upgraded shares of Ero Copper from a “sell” rating to a “hold” rating in a research note on Friday, October 25th. The Goldman Sachs Group started coverage on shares of Ero Copper in a report on Monday, December 2nd. They issued a “buy” rating and a $19.00 price objective for the company. Finally, TD Cowen raised shares of Ero Copper from a “hold” rating to a “buy” rating in a report on Wednesday. One analyst has rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $26.33.

Ero Copper Stock Up 7.5 %

Ero Copper stock opened at $14.16 on Thursday. The firm has a market capitalization of $1.47 billion, a PE ratio of 83.29 and a beta of 1.14. The company’s 50-day moving average is $13.78 and its 200-day moving average is $17.25. Ero Copper has a fifty-two week low of $12.70 and a fifty-two week high of $24.34. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.68 and a quick ratio of 0.45.

Hedge Funds Weigh In On Ero Copper

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Toronto Dominion Bank increased its position in shares of Ero Copper by 2,172.6% during the third quarter. Toronto Dominion Bank now owns 57,702 shares of the company’s stock worth $1,285,000 after buying an additional 55,163 shares during the period. Jennison Associates LLC lifted its stake in shares of Ero Copper by 3.5% in the fourth quarter. Jennison Associates LLC now owns 5,909,627 shares of the company’s stock valued at $79,645,000 after buying an additional 198,800 shares in the last quarter. Old West Investment Management LLC lifted its stake in shares of Ero Copper by 100.0% in the third quarter. Old West Investment Management LLC now owns 160,000 shares of the company’s stock valued at $3,563,000 after buying an additional 80,000 shares in the last quarter. Canoe Financial LP bought a new position in shares of Ero Copper in the fourth quarter valued at $456,000. Finally, Montrusco Bolton Investments Inc. lifted its position in shares of Ero Copper by 3.9% during the fourth quarter. Montrusco Bolton Investments Inc. now owns 775,356 shares of the company’s stock valued at $10,448,000 after purchasing an additional 28,999 shares in the last quarter. Institutional investors 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.