Hudbay Minerals Stock Buy Hold or Sell Recommendation
| HBM Stock | USD 7.88 0.27 3.55% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Hudbay Minerals is 'Strong Buy'. Macroaxis provides Hudbay Minerals buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HBM positions. The advice algorithm takes into account all of Hudbay Minerals' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Hudbay Minerals' buy or sell advice are summarized below:
Real Value 7.87 | Target Price 7.26 | Hype Value 7.8 | Market Value 7.88 | Naive Value 8.03 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Hudbay Minerals given historical horizon and risk tolerance towards Hudbay Minerals. When Macroaxis issues a 'buy' or 'sell' recommendation for Hudbay Minerals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Hudbay |
Execute Hudbay Minerals Buy or Sell Advice
The Hudbay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Hudbay Minerals. Macroaxis does not own or have any residual interests in Hudbay Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Hudbay Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Hudbay Minerals Trading Alerts and Improvement Suggestions
| Hudbay Minerals is unlikely to experience financial distress in the next 2 years | |
| Hudbay Minerals has a strong financial position based on the latest SEC filings | |
| About 66.0% of the company shares are owned by institutional investors | |
| On 22nd of March 2024 Hudbay Minerals paid $ 0.0074 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Vontobel Holding Ltd. Decreases Stake in Hudbay Minerals Inc. - MarketBeat |
Hudbay Minerals Returns Distribution Density
The distribution of Hudbay Minerals' historical returns is an attempt to chart the uncertainty of Hudbay Minerals' future price movements. The chart of the probability distribution of Hudbay Minerals daily returns describes the distribution of returns around its average expected value. We use Hudbay Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Hudbay Minerals returns is essential to provide solid investment advice for Hudbay Minerals.
| Mean Return | 0.61 | Value At Risk | -2.5 | Potential Upside | 4.87 | Standard Deviation | 2.38 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Hudbay Minerals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Hudbay Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hudbay Minerals is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hudbay Minerals backward and forwards among themselves. Hudbay Minerals' institutional investor refers to the entity that pools money to purchase Hudbay Minerals' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Donald Smith & Co Inc | 2023-12-31 | 4.6 M | Condire Management, Lp | 2023-12-31 | 4.1 M | Bank Of Montreal | 2023-12-31 | 3.2 M | Bmo Capital Markets Corp. | 2023-12-31 | 3.2 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 3.2 M | Sumitomo Mitsui Ds Asset Management Company, Limited | 2023-12-31 | 2.6 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 2.4 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.2 M | Boundary Creek Advisors Lp | 2023-12-31 | 2.1 M | Gmt Capital Corp | 2023-12-31 | 42 M | Letko, Brosseau & Associates Inc. | 2023-12-31 | 16.6 M |
Hudbay Minerals Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (119.4M) | 43.0M | (168.1M) | (45.3M) | 24.4M | 25.6M | |
| Free Cash Flow | 51.7M | (121.7M) | 6.4M | 178.8M | 119.7M | 125.7M | |
| Depreciation | 346.6M | 363.6M | 359.8M | 339.1M | 410.4M | 430.9M | |
| Other Non Cash Items | 410.7M | 42.3M | 318.7M | (45.2M) | 38.7M | 36.8M | |
| Capital Expenditures | 259.2M | 361.2M | 377.4M | 309.0M | 286.3M | 238.2M | |
| Net Income | (343.8M) | (144.6M) | (244.4M) | 70.4M | 67.6M | 71.0M | |
| End Period Cash Flow | 396.1M | 439.1M | 271.0M | 225.7M | 250.5M | 360.9M | |
| Change To Inventory | (11.8M) | (2.9M) | (32.8M) | (13.0M) | 18.5M | 19.4M | |
| Investments | (292.4M) | (359.0M) | 1.2M | (337.7M) | (278.4M) | (264.4M) | |
| Net Borrowings | (33.0M) | 164.0M | (37.7M) | (35.8M) | (41.1M) | (39.1M) | |
| Dividends Paid | 3.9M | 3.8M | 4.1M | 4.0M | (4.5M) | (4.3M) | |
| Change To Netincome | 230.3M | (41.2M) | 322.3M | (54.0M) | (62.1M) | (59.0M) |
Hudbay Minerals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Hudbay Minerals or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Hudbay Minerals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Hudbay stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.50 | |
β | Beta against NYSE Composite | 1.69 | |
σ | Overall volatility | 2.36 | |
Ir | Information ratio | 0.23 |
Hudbay Minerals Volatility Alert
Hudbay Minerals has relatively low volatility with skewness of 0.72 and kurtosis of 0.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Hudbay Minerals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Hudbay Minerals' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Hudbay Minerals Fundamentals Vs Peers
Comparing Hudbay Minerals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Hudbay Minerals' direct or indirect competition across all of the common fundamentals between Hudbay Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Hudbay Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Hudbay Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Hudbay Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Hudbay Minerals to competition |
| Fundamentals | Hudbay Minerals | Peer Average |
| Return On Equity | 0.0368 | -0.31 |
| Return On Asset | 0.0389 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.22 % | (5.51) % |
| Current Valuation | 4.01 B | 16.62 B |
| Shares Outstanding | 351.03 M | 571.82 M |
| Shares Owned By Insiders | 0.06 % | 10.09 % |
| Shares Owned By Institutions | 66.32 % | 39.21 % |
| Number Of Shares Shorted | 7.71 M | 4.71 M |
| Price To Earning | 18.89 X | 28.72 X |
| Price To Book | 1.27 X | 9.51 X |
| Price To Sales | 1.59 X | 11.42 X |
| Revenue | 1.72 B | 9.43 B |
| Gross Profit | 614.5 M | 27.38 B |
| EBITDA | 732.01 M | 3.9 B |
| Net Income | 67.58 M | 570.98 M |
| Cash And Equivalents | 258.56 M | 2.7 B |
| Cash Per Share | 0.99 X | 5.01 X |
| Total Debt | 1.37 B | 5.32 B |
| Debt To Equity | 0.78 % | 48.70 % |
| Current Ratio | 1.41 X | 2.16 X |
| Book Value Per Share | 5.98 X | 1.93 K |
| Cash Flow From Operations | 405.97 M | 971.22 M |
| Short Ratio | 3.43 X | 4.00 X |
| Earnings Per Share | 0.22 X | 3.12 X |
| Price To Earnings To Growth | 2.09 X | 4.89 X |
| Target Price | 8.24 | |
| Beta | 2.02 | -0.15 |
| Market Capitalization | 2.77 B | 19.03 B |
| Total Asset | 5.29 B | 29.47 B |
| Retained Earnings | (172.71 M) | 9.33 B |
| Working Capital | 135.91 M | 1.48 B |
| Current Asset | 435.18 M | 9.34 B |
Hudbay Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Hudbay . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Hudbay Minerals Buy or Sell Advice
When is the right time to buy or sell Hudbay Minerals? Buying financial instruments such as Hudbay Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 294.5M | 267.9M | 349.1M | 366.5M | Total Assets | 4.6B | 4.3B | 5.3B | 2.7B |
Use Investing Ideas to Build Portfolios
In addition to having Hudbay Minerals in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Long Short Funds Thematic Idea Now
Long Short Funds
Funds or Etfs that are designed to hedge away market risk by investing in combination of bonds, stocks, derivative instruments as well as short positions to maximize returns irrespective of market conditions. The Long Short Funds theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long Short Funds Theme or any other thematic opportunities.
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Check out Hudbay Minerals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Hudbay Stock, please use our How to Invest in Hudbay Minerals guide.Note that the Hudbay Minerals information on this page should be used as a complementary analysis to other Hudbay Minerals' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Hudbay Stock analysis
When running Hudbay Minerals' price analysis, check to measure Hudbay Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hudbay Minerals is operating at the current time. Most of Hudbay Minerals' value examination focuses on studying past and present price action to predict the probability of Hudbay Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hudbay Minerals' price. Additionally, you may evaluate how the addition of Hudbay Minerals to your portfolios can decrease your overall portfolio volatility.
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Is Hudbay Minerals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hudbay Minerals. If investors know Hudbay will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hudbay Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Dividend Share 0.015 | Earnings Share 0.22 | Revenue Per Share 5.437 | Quarterly Revenue Growth 0.875 |
The market value of Hudbay Minerals is measured differently than its book value, which is the value of Hudbay that is recorded on the company's balance sheet. Investors also form their own opinion of Hudbay Minerals' value that differs from its market value or its book value, called intrinsic value, which is Hudbay Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hudbay Minerals' market value can be influenced by many factors that don't directly affect Hudbay Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hudbay Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hudbay Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hudbay Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.