National Bank Financial Research Analysts Decrease Earnings Estimates for 5N Plus Inc. (TSE:VNP)

5N Plus Inc. (TSE:VNP) – National Bank Financial reduced their FY2024 EPS estimates for shares of 5N Plus in a research note issued on Monday, May 6th. National Bank Financial analyst R. Merer now expects that the company will earn $0.23 per share for the year, down from their prior estimate of $0.27. The consensus estimate for 5N Plus’ current full-year earnings is $0.28 per share. National Bank Financial also issued estimates for 5N Plus’ Q4 2024 earnings at $0.07 EPS.

Several other brokerages also recently commented on VNP. National Bankshares lifted their target price on shares of 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a report on Tuesday. Cormark lifted their price target on shares of 5N Plus from C$5.75 to C$6.50 in a research note on Wednesday. Finally, Raymond James raised their price objective on shares of 5N Plus from C$6.00 to C$7.00 in a report on Wednesday.

5N Plus Stock Performance

Shares of VNP stock opened at C$5.11 on Wednesday. The firm has a market cap of C$453.72 million, a P/E ratio of 22.22, a PEG ratio of 6,283.33 and a beta of 1.64. The stock’s 50-day moving average is C$4.74 and its two-hundred day moving average is C$4.03. The company has a debt-to-equity ratio of 107.81, a current ratio of 2.22 and a quick ratio of 1.51. 5N Plus has a fifty-two week low of C$2.86 and a fifty-two week high of C$5.25.

5N Plus (TSE:VNP) last posted its quarterly earnings data on Tuesday, February 27th. The company reported C$0.04 earnings per share for the quarter, missing the consensus estimate of C$0.06 by C($0.02). 5N Plus had a return on equity of 12.76% and a net margin of 6.35%. The firm had revenue of C$88.59 million for the quarter, compared to analysts’ expectations of C$84.15 million.

Insider Activity at 5N Plus

In related news, Director Jean-Marie Bourassa bought 60,100 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was bought at an average cost of C$4.52 per share, for a total transaction of C$271,561.85. Insiders have bought a total of 69,100 shares of company stock worth $312,032 over the last 90 days. Insiders own 4.79% of the company’s stock.

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.