Sprott (TSE:SII) Releases Earnings Results

Sprott (TSE:SII) announced its quarterly earnings results on Thursday. The company reported C$1.49 EPS for the quarter, FiscalAI reports. Sprott had a net margin of 28.20% and a return on equity of 15.02%. The company had revenue of C$143.61 million for the quarter.

Sprott Price Performance

Sprott stock opened at C$197.31 on Friday. The stock has a market cap of C$5.09 billion, a price-to-earnings ratio of 100.67, a PEG ratio of -3.34 and a beta of 1.36. The company has a quick ratio of 2.89, a current ratio of 3.30 and a debt-to-equity ratio of 5.65. The business has a 50-day simple moving average of C$156.30 and a 200 day simple moving average of C$126.18. Sprott has a 52 week low of C$56.05 and a 52 week high of C$197.48.

Trending Headlines about Sprott

Here are the key news stories impacting Sprott this week:

• Positive Sentiment: Royal Bank of Canada upgraded Sprott from “sector perform” to “outperform” and lifted its price target to C$218 (from C$186), signaling stronger investor conviction and providing upside support. RBC Upgrade
• Positive Sentiment: Canaccord Genuity raised its target to C$200 and moved to a “buy” rating (from C$130), a bullish endorsement that likely helped buying interest. Canaccord Note
• Neutral Sentiment: BMO Capital Markets bumped its target to C$192 and kept an “outperform” rating (up from C$162). The higher rating is positive, but the C$192 target sits just below the current share level, making this a mixed signal. BMO Note TickerReport
• Negative Sentiment: TD Securities raised its price target slightly to C$180 but maintained a “hold” rating, which implies less conviction for further upside and represents downside vs. the current level — a cautious signal for traders. TD Note
• Positive Sentiment: Sprott reported quarterly EPS of C$1.49 with C$143.61M in revenue, a 28.2% net margin and 15.02% ROE — results that support analyst upgrades and justify renewed investor interest. Earnings Report

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Canaccord Genuity Group raised their price target on Sprott from C$130.00 to C$200.00 and gave the stock a “buy” rating in a report on Friday. BMO Capital Markets increased their price objective on Sprott from C$162.00 to C$192.00 and gave the stock an “outperform” rating in a report on Friday. Royal Bank Of Canada upgraded Sprott from a “sector perform” rating to an “outperform” rating and raised their target price for the stock from C$186.00 to C$218.00 in a research note on Friday. Finally, TD Securities upped their price target on Sprott from C$176.00 to C$180.00 and gave the company a “hold” rating in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$197.50.

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company’s closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company’s branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.