Analysts Set Expectations for 5N Plus FY2024 Earnings

5N Plus Inc. (TSE:VNP) – Research analysts at Ventum Cap Mkts issued their FY2024 earnings per share (EPS) estimates for 5N Plus in a note issued to investors on Wednesday, December 11th. Ventum Cap Mkts analyst A. Ezzat anticipates that the company will post earnings of $0.25 per share for the year. Ventum Cap Mkts currently has a “Strong-Buy” rating on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share. Ventum Cap Mkts also issued estimates for 5N Plus’ Q4 2024 earnings at $0.04 EPS, FY2025 earnings at $0.34 EPS and FY2026 earnings at $0.44 EPS.

A number of other analysts also recently issued reports on the stock. National Bankshares raised their price target on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. Ventum Financial set a C$10.00 target price on shares of 5N Plus and gave the stock a “buy” rating in a report on Thursday, December 12th. Raymond James boosted their target price on shares of 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th. Finally, Desjardins increased their price target on 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a report on Tuesday, September 10th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, 5N Plus currently has a consensus rating of “Buy” and a consensus target price of C$8.60.

5N Plus Price Performance

TSE VNP opened at C$6.53 on Monday. 5N Plus has a one year low of C$3.33 and a one year high of C$7.61. The stock has a 50-day moving average of C$6.71 and a 200 day moving average of C$6.42. The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47. The company has a market capitalization of C$580.65 million, a price-to-earnings ratio of 40.81, a PEG ratio of 6,283.33 and a beta of 1.55.

Insider Activity at 5N Plus

In related news, Director Jean-Marie Bourassa acquired 9,000 shares of the stock in a transaction dated Friday, November 15th. The shares were purchased at an average cost of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is currently owned by company insiders.

About 5N Plus

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.