Raymond James Has Positive Outlook of Ero Copper Q3 Earnings

Ero Copper Corp. (NYSE:ERO) – Stock analysts at Raymond James lifted their Q3 2025 earnings estimates for Ero Copper in a note issued to investors on Tuesday, April 15th. Raymond James analyst F. Hamed now expects that the company will post earnings of $0.90 per share for the quarter, up from their prior forecast of $0.89. Raymond James 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 FY2025 earnings at $2.55 EPS.

ERO has been the topic of a number of other reports. Desjardins started coverage on shares of Ero Copper in a report on Friday, April 4th. They set a “hold” rating on the stock. TD Cowen raised 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 report on Wednesday. They issued an “outperform” rating for the company. Finally, TD Securities upgraded shares of Ero Copper from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $26.33.

Ero Copper Stock Up 4.2 %

Shares of NYSE ERO opened at $10.95 on Thursday. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.68 and a quick ratio of 0.45. The stock has a market capitalization of $1.13 billion, a PE ratio of 64.41 and a beta of 1.10. Ero Copper has a one year low of $9.30 and a one year high of $24.34. The business’s fifty day moving average price is $12.34 and its 200-day moving average price is $14.76.

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

Institutional Trading of Ero Copper

Several institutional investors and hedge funds have recently bought and sold shares of ERO. State of Wyoming bought a new position in shares of Ero Copper in the fourth quarter worth $76,000. Synergy Asset Management LLC purchased a new position in Ero Copper during the fourth quarter worth about $78,000. Northwest & Ethical Investments L.P. grew its position in Ero Copper by 19.1% during the fourth quarter. Northwest & Ethical Investments L.P. now owns 6,550 shares of the company’s stock worth $88,000 after buying an additional 1,050 shares in the last quarter. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Ero Copper in the 4th quarter worth about $125,000. Finally, TD Waterhouse Canada Inc. raised its holdings in shares of Ero Copper by 128.4% in the 4th quarter. TD Waterhouse Canada Inc. now owns 10,672 shares of the company’s stock valued at $143,000 after acquiring an additional 6,000 shares in the last quarter. 71.30% of the stock is currently owned by hedge funds and other institutional investors.

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.