Sidoti Brokers Boost Earnings Estimates for TSE:NEO

Neo Performance Materials Inc. (TSE:NEOFree Report) – Investment analysts at Sidoti upped their Q2 2026 earnings per share (EPS) estimates for Neo Performance Materials in a report issued on Tuesday, July 14th. Sidoti analyst D. Harriman now anticipates that the company will earn $0.65 per share for the quarter, up from their prior forecast of $0.41. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share. Sidoti also issued estimates for Neo Performance Materials’ Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.27 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.55 EPS and FY2027 earnings at $2.13 EPS.

NEO has been the topic of several other reports. Stifel Nicolaus upped their price target on shares of Neo Performance Materials from C$26.00 to C$38.00 in a report on Wednesday, May 13th. BMO Capital Markets boosted their price objective on Neo Performance Materials from C$43.00 to C$60.00 in a report on Monday. Finally, ATB Cormark Capital Markets upped their target price on Neo Performance Materials from C$43.00 to C$53.50 and gave the stock an “outperform” rating in a research note on Friday, July 10th. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$50.50.

Read Our Latest Stock Report on Neo Performance Materials

Neo Performance Materials Stock Down 4.9%

TSE:NEO opened at C$41.96 on Thursday. The company has a debt-to-equity ratio of 41.75, a current ratio of 1.76 and a quick ratio of 1.92. The company’s fifty day moving average price is C$34.24 and its 200-day moving average price is C$26.27. Neo Performance Materials has a 1-year low of C$15.23 and a 1-year high of C$44.96. The firm has a market capitalization of C$1.93 billion, a P/E ratio of -174.83 and a beta of 1.44.

Neo Performance Materials (TSE:NEOGet Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The company reported C$0.47 earnings per share (EPS) for the quarter. The company had revenue of C$215.44 million during the quarter. Neo Performance Materials had a negative net margin of 2.03% and a negative return on equity of 2.63%.

Neo Performance Materials Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 29th were given a dividend of $0.10 per share. The ex-dividend date was Friday, June 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. Neo Performance Materials’s dividend payout ratio (DPR) is -120.72%.

Key Stories Impacting Neo Performance Materials

Here are the key news stories impacting Neo Performance Materials this week:

  • Positive Sentiment: Sidoti raised its FY2026 EPS estimate for Neo Performance Materials to $2.27 from $1.48, signaling much stronger expected earnings this year. Neo Performance Materials quote
  • Positive Sentiment: The firm also lifted FY2027 EPS to $2.13 from $1.52, suggesting confidence that earnings momentum can continue into next year. Neo Performance Materials quote
  • Positive Sentiment: Near-term quarterly estimates were also increased, including Q2 2026 EPS to $0.65, Q3 2026 to $0.55, Q4 2026 to $0.57, Q1 2027 to $0.53, Q2 2027 to $0.51, Q3 2027 to $0.55, and Q4 2027 to $0.54, reinforcing a broad-based analyst upgrade. Neo Performance Materials quote
  • Neutral Sentiment: Despite the upgrades, the broader consensus for the current full year remains at $0.68 EPS, so investor attention will likely stay on whether Neo can close the gap between analyst projections and actual results. Neo Performance Materials quote

About Neo Performance Materials

(Get Free Report)

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals.

Further Reading

Earnings History and Estimates for Neo Performance Materials (TSE:NEO)

Receive News & Ratings for Neo Performance Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Performance Materials and related companies with MarketBeat.com's FREE daily email newsletter.