NexGen Energy Ltd. (NYSE:NXE – Free Report) – Equities research analysts at Stifel Canada issued their FY2025 EPS estimates for shares of NexGen Energy in a report issued on Tuesday, March 11th. Stifel Canada analyst R. Profiti expects that the company will post earnings per share of ($0.11) for the year. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share. Stifel Canada also issued estimates for NexGen Energy’s FY2026 earnings at ($0.21) EPS, FY2027 earnings at ($0.23) EPS, FY2028 earnings at ($0.28) EPS and FY2029 earnings at ($0.13) EPS.
Several other analysts have also recently commented on the stock. Scotiabank reaffirmed an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Stifel Nicolaus initiated coverage on shares of NexGen Energy in a report on Wednesday. They set a “buy” rating on the stock. Two research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Strong Buy”.
NexGen Energy Stock Performance
NXE stock opened at $4.69 on Friday. The stock has a market capitalization of $2.67 billion, a P/E ratio of 31.24 and a beta of 1.97. NexGen Energy has a one year low of $4.44 and a one year high of $8.96. The company has a 50 day moving average price of $6.13 and a two-hundred day moving average price of $6.77.
Institutional Trading of NexGen Energy
A number of institutional investors have recently made changes to their positions in the stock. Azarias Capital Management L.P. lifted its stake in NexGen Energy by 15.3% during the fourth quarter. Azarias Capital Management L.P. now owns 2,038,627 shares of the company’s stock valued at $13,455,000 after purchasing an additional 271,153 shares during the last quarter. CIBC Asset Management Inc increased its stake in NexGen Energy by 13.4% in the 3rd quarter. CIBC Asset Management Inc now owns 926,314 shares of the company’s stock valued at $6,043,000 after buying an additional 109,754 shares during the period. Mountaineer Partners Management LLC increased its stake in shares of NexGen Energy by 536.6% during the 3rd quarter. Mountaineer Partners Management LLC now owns 3,686,231 shares of the company’s stock worth $24,071,000 after purchasing an additional 3,107,214 shares during the last quarter. Toronto Dominion Bank increased its stake in shares of NexGen Energy by 719.6% during the 3rd quarter. Toronto Dominion Bank now owns 180,140 shares of the company’s stock worth $1,176,000 after purchasing an additional 158,160 shares during the last quarter. Finally, Barclays PLC boosted its holdings in shares of NexGen Energy by 328.3% during the 3rd quarter. Barclays PLC now owns 187,861 shares of the company’s stock worth $1,227,000 after buying an additional 143,996 shares during the period. 42.43% of the stock is owned by institutional investors and hedge funds.
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.
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