FY2027 EPS Estimates for NexGen Energy Increased by Analyst

NexGen Energy Ltd. (TSE:NXE - Free Report) - Ventum Cap Mkts upped their FY2027 earnings per share estimates for shares of NexGen Energy in a report released on Wednesday, March 12th. Ventum Cap Mkts analyst A. Terentiew now expects that the company will post earnings per share of ($0.08) for the year, up from their previous estimate 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.

Several other equities research analysts also recently commented on the company. National Bankshares reduced their price objective on NexGen Energy from C$13.50 to C$12.50 and set an "outperform" rating for the company in a report on Friday, March 7th. Stifel Canada raised NexGen Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Raymond James boosted their price target on NexGen Energy from C$12.00 to C$13.50 in a report on Wednesday, November 20th. Royal Bank of Canada boosted their price target on NexGen Energy from C$10.00 to C$15.00 in a report on Thursday, November 21st. Finally, Cormark boosted their price target on NexGen Energy from C$13.00 to C$13.50 in a report on Wednesday, November 20th. Six equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat, NexGen Energy currently has a consensus rating of "Buy" and an average target price of C$13.28.

NexGen Energy Stock Performance

TSE NXE traded up C$0.05 during trading hours on Monday, hitting C$6.95. The company's stock had a trading volume of 76,079 shares, compared to its average volume of 1,753,774. NexGen Energy has a 12 month low of C$6.44 and a 12 month high of C$12.51. The company's 50 day simple moving average is C$8.65 and its two-hundred day simple moving average is C$9.44. The company has a market cap of C$3.93 billion, a P/E ratio of 26.61 and a beta of 1.76. The company has a debt-to-equity ratio of 35.49, a current ratio of 1.16 and a quick ratio of 8.20.

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Insiders Place Their Bets

In other news, Director Leigh Robert Curyer acquired 1,500,000 shares of NexGen Energy stock in a transaction on Friday, December 20th. The shares were acquired at an average price of C$10.05 per share, with a total value of C$15,075,000.00. Corporate 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.