FY2024 EPS Estimates for 5N Plus Boosted by Ventum Cap Mkts

5N Plus Inc. (TSE:VNP) – Investment analysts at Ventum Cap Mkts raised their FY2024 earnings per share (EPS) estimates for shares of 5N Plus in a research report issued to clients and investors on Thursday, January 30th. Ventum Cap Mkts analyst A. Ezzat now anticipates that the company will post earnings per share of $0.27 for the year, up from their previous estimate of $0.25. 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 $0.06 EPS, FY2025 earnings at $0.35 EPS and FY2026 earnings at $0.46 EPS.

Several other analysts also recently weighed in on the company. National Bankshares raised their target price on 5N Plus from C$8.00 to C$8.50 in a research note on Tuesday, November 5th. Ventum Financial set a C$10.00 price target on 5N Plus and gave the company a “buy” rating in a report on Thursday, December 12th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of C$8.60.

5N Plus Price Performance

VNP opened at C$7.74 on Monday. 5N Plus has a twelve month low of C$3.66 and a twelve month high of C$8.99. The firm has a market cap of C$688.24 million, a price-to-earnings ratio of 48.38, a PEG ratio of 6,283.33 and a beta of 1.55. The company has a current ratio of 3.47, a quick ratio of 1.51 and a debt-to-equity ratio of 110.23. The company has a fifty day simple moving average of C$7.26 and a 200 day simple moving average of C$6.82.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Monday, November 4th. The company reported C$0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.08 by C$0.04. 5N Plus had a net margin of 4.15% and a return on equity of 8.56%. During the same quarter last year, the company earned $0.03 EPS.

Insider Activity

In other news, Director Jean-Marie Bourassa purchased 9,000 shares of the stock in a transaction dated Friday, November 15th. The stock was acquired at an average cost of C$6.75 per share, for a total transaction of C$60,750.00. Company 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.