Ero Copper Corp (ERO) Stock Forecast & Price Target
Ero Copper Corp · NYSE
$26.20+0.22 (+0.85%)
15-min delayed · Jul 27, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 4 firms covering Ero Copper Corp, 3 rate it Buy or better, 1 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $31.00 to $42.00, so the covering firms are broadly aligned. The average target of $34.75 sits 33% above the current $26.20. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 2 to 3 over recent months. On the fundamentals, the Street sees revenue growth near 58% this year and 0% next, consensus EPS building from about $1.17 next quarter toward $4.72 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS4 ratings
Moderate Buy
Strong Buy00%
Buy375%
Hold125%
Sell00%
Strong Sell00%
Based on 4 analysts giving stock ratings to Ero Copper Corp.
As of Jul, 3 of 4 firms rate ERO a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
ERO EPS & revenue forecast
EPS · NEXT QUARTER
$1.17
Range $0.77 – $1.36 · 5 analysts · +332% YoY
Next period, 5 analysts expect Ero Copper Corp to earn $1.17 a share (range $0.77 – $1.36), versus $0.27 a year earlier. Full-year consensus is $3.77, growing to $4.72 the year after.
REVENUE · NEXT QUARTER
$471.9M
Range $457.2M – $486.5M · 5 analysts · +56% YoY
Revenue is expected to reach $471.9M (range $457.2M – $486.5M), +56.0% year-over-year. Full-year consensus is $1.8B, rising to $1.9B next year.
Top analysts covering Ero Copper Corp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ERO.
#1
MF
Marcio Farid
Goldman Sachs
Hold
$31.00+18.3% to target
Coverage
—
+ Follow
#2
Orest Wowkodaw
Scotiabank
Buy
$55.00+109.9% to target
Coverage
—
+ Follow
#3
SI
Stefan Ioannou
ATB Cormark Capital Markets
Buy
$50.00+90.8% to target
Coverage
—
+ Follow
#4
RM
Ralph M. Profiti
Stifel Nicolaus
Hold
$52.00+98.5% to target
Coverage
—
+ Follow
#5
Shane Nagle
National Bank
Buy
$50.00+90.8% to target
Coverage
—
+ Follow
ERO stock forecast FAQ
What is ERO's average 12-month price target?+
The 4 analysts with a live target average $34.75 for Ero Copper Corp over the next 12 months, ranging from a $42.00 high to a $31.00 low.
Is ERO stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 4 analyst ratings, 3 are Buy or Strong Buy, 1 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for ERO?+
The Street-high target is $42.00 (Freedom Broker), and the Street-low is $31.00 (Goldman Sachs). The average of all 4 active targets is $34.75.
How many Wall Street analysts cover ERO?+
4 analysts have an active rating on Ero Copper Corp, and 4 firms carry a live 12-month price target.
Who is the most accurate analyst covering ERO?+
Among analysts who currently cover ERO, Marcio Farid of Goldman Sachs has the strongest overall Quantellect track record. Their current call is Hold with a $31.00 target.
What is Ero Copper Corp's projected EPS for next quarter?+
The consensus estimate is $1.17 per share (range $0.77 – $1.36) across 5 analysts. Full-year EPS is projected at $3.77, rising to $4.72 the following year.
How much revenue is Ero Copper Corp expected to report next quarter?+
Consensus revenue is $471.9M (range $457.2M – $486.5M). Full-year revenue is projected at $1.8B, growing to $1.9B next year.
Have analysts been upgrading or downgrading ERO lately?+
As of Jul, 3 of 4 firms rate ERO a Buy (1 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ERO calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
