Stifel Canada Issues Positive Forecast for TSE:NEO Earnings

Neo Performance Materials Inc. (TSE:NEO) – Analysts at Stifel Canada upped their FY2026 earnings estimates for Neo Performance Materials in a report issued on Tuesday, March 18th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings per share of $1.04 for the year, up from their prior estimate of $0.92. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Separately, Stifel Nicolaus increased their price objective on Neo Performance Materials from C$15.00 to C$16.50 and gave the company a “buy” rating in a report on Wednesday.

Neo Performance Materials Stock Down 2.0 %

Neo Performance Materials stock opened at C$9.41 on Friday. The firm has a 50 day moving average price of C$8.34 and a 200-day moving average price of C$8.14. The company has a quick ratio of 1.92, a current ratio of 2.59 and a debt-to-equity ratio of 10.65. Neo Performance Materials has a twelve month low of C$5.67 and a twelve month high of C$9.80. The company has a market capitalization of C$275.40 million, a P/E ratio of -123.58 and a beta of 1.38.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.