FY2024 Earnings Estimate for 5N Plus Issued By Raymond James

5N Plus Inc. (TSE:VNP) – Stock analysts at Raymond James lifted their FY2024 EPS estimates for 5N Plus in a report released on Tuesday, November 5th. Raymond James analyst M. Glen now forecasts that the company will post earnings per share of $0.29 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. Raymond James also issued estimates for 5N Plus’ Q4 2024 earnings at $0.07 EPS.

5N Plus (TSE:VNP) last released its quarterly earnings results on Monday, August 5th. The company reported C$0.08 earnings per share 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 business had revenue of C$102.04 million for the quarter, compared to the consensus estimate of C$91.45 million.

VNP has been the topic of several other reports. National Bankshares increased their price target on shares of 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday. Desjardins increased their price objective on shares of 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a research note on Tuesday, September 10th.

5N Plus Stock Down 1.2 %

VNP opened at C$6.71 on Thursday. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. 5N Plus has a 1-year low of C$3.05 and a 1-year high of C$7.61. The company has a market capitalization of C$596.65 million, a PE ratio of 41.94, a PEG ratio of 6,283.33 and a beta of 1.55. The firm’s 50 day simple moving average is C$6.92 and its two-hundred day simple moving average is C$6.16.

Insider Transactions at 5N Plus

In related news, Senior Officer Richard Perron bought 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The stock was bought at an average cost of C$6.95 per share, with a total value of C$521,250.00. Corporate insiders own 4.91% of the company’s stock.

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.