5N Plus FY2024 EPS Boosted by National Bank Financial

5N Plus Inc. (TSE:VNP) – Research analysts at National Bank Financial upped their FY2024 EPS estimates for shares of 5N Plus in a report issued on Tuesday, November 5th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings of $0.30 per share for the year, up from their previous estimate of $0.28. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share. National Bank Financial also issued estimates for 5N Plus’ Q4 2024 earnings at $0.06 EPS.

A number of other equities research analysts have also issued reports on the stock. National Bankshares upped their target price on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday. Desjardins upped their target price on shares of 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a report on Tuesday, September 10th. Finally, Raymond James upped their target price on shares of 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th.

5N Plus Price Performance

5N Plus stock opened at C$6.71 on Thursday. 5N Plus has a 52-week low of C$3.05 and a 52-week high of C$7.61. The firm has a market capitalization of C$596.65 million, a price-to-earnings ratio of 41.94, a PEG ratio of 6,283.33 and a beta of 1.55. The company has a fifty day simple moving average of C$6.92 and a 200-day simple moving average of C$6.16. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Monday, August 5th. The company reported C$0.08 EPS for the quarter, topping the consensus estimate of C$0.06 by C$0.02. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. The company had revenue of C$102.04 million during the quarter, compared to analyst estimates of C$91.45 million.

Insider Activity at 5N Plus

In other news, Senior Officer Richard Perron bought 75,000 shares of 5N Plus stock in a transaction that occurred on Wednesday, September 11th. The shares were purchased at an average price of C$6.95 per share, with a total value of C$521,250.00. 4.91% of the stock is owned by corporate insiders.

5N Plus Company Profile

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.