NexGen Energy FY2027 EPS Estimate Raised by Ventum Cap Mkts

NexGen Energy Ltd. (TSE:NXE - Free Report) - Ventum Cap Mkts lifted their FY2027 earnings estimates for NexGen Energy in a report issued on Wednesday, March 12th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of ($0.08) for the year, up from their prior forecast of ($0.19). The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for NexGen Energy's FY2028 earnings at ($0.18) EPS.

NXE has been the subject of several other reports. Royal Bank of Canada raised their target price on NexGen Energy from C$10.00 to C$15.00 in a research report on Thursday, November 21st. Stifel Canada raised shares of NexGen Energy to a "strong-buy" rating in a research report on Tuesday, March 11th. Haywood Securities boosted their target price on shares of NexGen Energy from C$12.50 to C$13.75 in a research note on Wednesday, November 20th. Cormark raised their price target on shares of NexGen Energy from C$13.00 to C$13.50 in a research note on Wednesday, November 20th. Finally, Raymond James upped their price objective on NexGen Energy from C$12.00 to C$13.50 in a research note on Wednesday, November 20th. Six research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of C$13.28.

NexGen Energy Stock Performance

Shares of NXE traded down C$0.02 on Monday, reaching C$6.88. 786,549 shares of the company's stock traded hands, compared to its average volume of 1,779,617. The stock's 50 day simple moving average is C$8.72 and its two-hundred day simple moving average is C$9.45. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. NexGen Energy has a 52-week low of C$6.44 and a 52-week high of C$12.51. The stock has a market cap of C$3.89 billion, a PE ratio of 26.34 and a beta of 1.76.

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Insider Activity

In related news, Director Leigh Robert Curyer bought 1,500,000 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average cost of C$10.05 per share, with a total value of C$15,075,000.00. Company insiders own 7.96% of the company's stock.

NexGen Energy Company Profile

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company's projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.