Franco-Nevada Q4 EPS Estimate Cut by National Bank Financial

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Analysts at National Bank Financial reduced their Q4 2024 EPS estimates for shares of Franco-Nevada in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn $1.27 per share for the quarter, down from their previous forecast of $1.34. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

Other equities analysts also recently issued research reports about the stock. Canaccord Genuity Group lowered their target price on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a research note on Monday, November 18th. UBS Group raised shares of Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. Stifel Nicolaus lifted their target price on shares of Franco-Nevada from C$200.00 to C$215.00 in a research note on Monday, October 21st. Finally, CIBC lifted their target price on shares of Franco-Nevada from C$235.00 to C$245.00 in a research note on Monday, December 2nd. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$190.80.

Franco-Nevada Price Performance

FNV stock opened at C$203.34 on Wednesday. The company has a fifty day moving average price of C$180.74 and a 200-day moving average price of C$174.54. The company has a market capitalization of C$39.13 billion, a P/E ratio of -48.53, a PEG ratio of 5.00 and a beta of 0.68. Franco-Nevada has a 52-week low of C$140.67 and a 52-week high of C$206.32. The company has a debt-to-equity ratio of 1.63, a quick ratio of 23.26 and a current ratio of 29.11.

Franco-Nevada Company Profile

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.