NexGen Energy FY2025 EPS Estimate Boosted by Raymond James

NexGen Energy Ltd. (TSE:NXE) – Analysts at Raymond James raised their FY2025 earnings estimates for NexGen Energy in a research note issued to investors on Tuesday, November 19th. Raymond James analyst B. Macarthur now expects that the company will earn ($0.09) per share for the year, up from their prior estimate of ($0.10). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share.

NexGen Energy (TSE:NXE) last announced its quarterly earnings data on Thursday, November 7th. The company reported C($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.04) by C($0.01). During the same period in the previous year, the business earned ($0.03) earnings per share.

Several other brokerages also recently issued reports on NXE. Haywood Securities upped their price objective on NexGen Energy from C$12.50 to C$13.75 in a research report on Wednesday. Ventum Financial upped their target price on shares of NexGen Energy from C$12.00 to C$14.00 and gave the company a “buy” rating in a report on Thursday, August 22nd. TD Securities lowered their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating for the company in a report on Thursday, August 8th. National Bankshares upped their price objective on shares of NexGen Energy from C$11.00 to C$13.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, National Bank Financial upgraded shares of NexGen Energy to a “strong-buy” rating in a research report on Tuesday, September 3rd. Seven research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of C$14.42.

NexGen Energy Stock Performance

NXE opened at C$12.42 on Friday. NexGen Energy has a 1-year low of C$7.04 and a 1-year high of C$12.51. The stock has a market cap of C$7.01 billion, a P/E ratio of 71.76 and a beta of 1.76. The stock’s 50 day simple moving average is C$9.66 and its 200 day simple moving average is C$9.48. The company has a debt-to-equity ratio of 39.09, a current ratio of 1.20 and a quick ratio of 8.20.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.