Hudbay Stock Buy Hold or Sell Recommendation

HBM
 Stock
  

USD 4.56  0.15  3.18%   

Considering the 90-day investment horizon and your highly speculative risk level, our recommendation regarding Hudbay Minerals is 'Hold'. 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.
  
The advice is provided from Hudbay Minerals' buy-and-hold perspective. Please check 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. We conduct extensive research on individual companies such as Hudbay and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Hudbay Minerals.

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

Execute Advice
Sell Hudbay MineralsBuy Hudbay Minerals
Hold

Volatility

Moderately volatileDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds of Distress

AverageDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Hudbay Minerals has a Risk Adjusted Performance of (0.023691), Jensen Alpha of (0.28), Total Risk Alpha of (0.40) and Treynor Ratio of (0.06)
We provide advice to complement the regular expert consensus on Hudbay Minerals. Our dynamic recommendation engine utilizes a multidimensional algorithm to analyze the company's potential to grow using all technical and fundamental data available at the time. To make sure Hudbay Minerals is not overpriced, please check out all Hudbay Minerals fundamentals, including its ebitda, cash flow from operations, and the relationship between the price to book and total debt . Given that Hudbay Minerals has a price to earning of 32.65 X, we strongly advise you to confirm Hudbay Minerals market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Hudbay Minerals Trading Alerts and Improvement Suggestions

Hudbay Minerals generated a negative expected return over the last 90 days
Hudbay Minerals has high historical volatility and very poor performance
Hudbay Minerals has high likelihood to experience some financial distress in the next 2 years
Hudbay Minerals was previously known as HUDBAY MINERALS INC and was traded on New York Stock Exchange under the symbol HBMFF.
The company reported the last year's revenue of 1.57 B. Reported Net Loss for the year was (120.44 M) with profit before taxes, overhead, and interest of 682.42 M.
About 74.0% of the company shares are owned by institutional investors
Latest headline from investingnews.com: Wheaton Precious Metals Announces Second Quarter Results for 2022 - Investing News Network

Hudbay Minerals current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hudbay analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hudbay analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price7.43
Target Median Price7.20
Target High Price9.34
Recommendation Mean1.80
Number Of Analyst Opinions6
Target Low Price6.03
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Hudbay Minerals Returns Distribution Density

The distribution of Hudbay Minerals' historical returns is an attempt to chart the future uncertainty of Hudbay Minerals' future price movements. The chart of the probability distribution of Hudbay Minerals stock 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 stock.
Mean Return-0.12Value At Risk-7.8
Potential Upside7.41Standard Deviation4.77
   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 originate 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.
Security TypeSharesValue
Waterton Global Resource Management IncCommon Shares43.9 M178.7 M
Gmt Capital CorpCommon Shares31 M125.9 M
Letko Brosseau Associates IncCommon Shares14.3 M58.1 M
Vanguard Group IncCommon Shares7.3 M29.7 M
Mirae Asset Global Investments Co LtdCommon Shares5.1 M20.6 M
Heathbridge Capital Management LtdCommon Shares3.7 M15.3 M
Renaissance Technologies LlcCommon Shares3.3 M13.3 M
Boundary Creek Advisors LpCall OptionsM4.2 M
Note, although Hudbay Minerals' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hudbay Minerals Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(249.76 M)(190.9 M)(259.2 M)(361.19 M)(377.43 M)(407.23 M)
Depreciation Amortization and Accretion297.82 M333.14 M346.63 M363.6 M359.77 M324.13 M
Net Cash Flow or Change in Cash and Cash Equivalents209.63 M159 M(119.35 M)42.99 M(168.15 M)(172.57 M)
Issuance Purchase of Equity Shares11.72 M186.85 M(69 K)980 K1.13 M1.16 M
Issuance Repayment of Debt Securities(263.95 M)(20.93 M)(32.95 M)148.59 M(68.67 M)(70.48 M)
Payment of Dividends and Other Cash Distributions(3.69 M)(4.04 M)(3.93 M)(3.78 M)(4.15 M)(4.47 M)
Net Cash Flow from Financing(92.85 M)(120.35 M)(137.78 M)162.09 M(175.9 M)(180.53 M)
Net Cash Flow from Investing(234.26 M)(202.14 M)(292.37 M)(359.02 M)(375 M)(404.61 M)
Net Cash Flow Investment Acquisitions and Disposals(359 K)(2.25 M)53 K1.19 M1.37 M1.48 M
Net Cash Flow from Operations539.58 M479.55 M310.86 M239.48 M383.82 M403.2 M
Effect of Exchange Rate Changes on Cash(2.83 M)1.94 M(59 K)434 K(1.06 M)(1.09 M)
Share Based Compensation15.92 M(2.37 M)2.71 M15.01 M12.14 M10.28 M

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 Basic Materials 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 stock's 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 DOW
-0.28
β
Beta against DOW2.09
σ
Overall volatility
4.76
Ir
Information ratio -0.04

Hudbay Minerals Volatility Alert

Hudbay Minerals exhibits very low volatility with skewness of 0.09 and kurtosis of -0.46. However, we advise investors to further study Hudbay Minerals technical indicators to make sure all market info is available and is reliable. 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 bullying 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 stocks as prices fall.

Hudbay Minerals Implied Volatility

Hudbay Minerals' implied volatility" href="/stock-options/HBM/Hudbay-Minerals">Hudbay Minerals' implied volatility exposes the market's sentiment of Hudbay Minerals stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hudbay Minerals' implied volatility" href="/stock-options/HBM/Hudbay-Minerals">Hudbay Minerals' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Hudbay Minerals stock will not fluctuate a lot when Hudbay Minerals' options" href="/stock-options/HBM/Hudbay-Minerals">Hudbay Minerals' options are near their expiration.

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
FundamentalsHudbay MineralsPeer Average
Return On Equity(7.48) %(0.31) %
Return On Asset1.61 %(0.14) %
Profit Margin(7.69) %(1.27) %
Operating Margin31.15 %(5.51) %
Current Valuation2.05 B16.62 B
Shares Outstanding261.52 M571.82 M
Shares Owned by Insiders0.10 %10.09 %
Shares Owned by Institutions74.38 %39.21 %
Number of Shares Shorted11.54 M4.71 M
Price to Earning32.65 X28.72 X
Price to Book0.73 X9.51 X
Price to Sales0.69 X11.42 X
Revenue1.57 B9.43 B
Gross Profit682.42 M27.38 B
EBITDA488.12 M3.9 B
Net Income(120.44 M)570.98 M
Cash and Equivalents213.36 M2.7 B
Cash per Share0.81 X5.01 X
Total Debt1.26 B5.32 B
Debt to Equity0.81 %48.70 %
Current Ratio1.35 X2.16 X
Book Value Per Share5.70 X1.93 K
Cash Flow from Operations395.33 M971.22 M
Short Ratio6.68 X4.00 X
Earnings Per Share(0.87) X3.12 X
Price to Earnings To Growth(0.35) X4.89 X
Number of Employees2.23 K18.84 K
Beta1.96-0.15
Market Capitalization1.09 B19.03 B
Total Asset4.48 B29.47 B
Retained Earnings97.53 M9.33 B
Working Capital57.61 M1.48 B
Current Asset435.18 M9.34 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.
Accumulation Distribution62386.41
Daily Balance Of Power(0.75)
Rate Of Daily Change0.97
Day Median Price4.61
Day Typical Price4.59
Price Action Indicator(0.13)

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 stock 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. Although Hudbay Minerals investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Current Assets663.03 M755.67 M656.73 M662.65 M
Total Assets4.46 B4.67 B4.62 B4.88 B

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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.

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Shipping Containers
Shipping Containers Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Shipping Containers theme has 24 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 Shipping Containers Theme or any other thematic opportunities.
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Please check 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. 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 Price Transformation module to use Price Transformation models to analyze depth of different equity instruments across global markets.

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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.
Market Capitalization
1.2 B
Quarterly Revenue Growth YOY
0.028
Return On Assets
0.0266
Return On Equity
-0.0521
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 Hudbay Minerals value 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.