Cormark Has Negative Estimate for NanoXplore FY2025 Earnings

NanoXplore Inc. (TSE:GRA - Free Report) - Stock analysts at Cormark dropped their FY2025 EPS estimates for NanoXplore in a research report issued on Thursday, February 13th. Cormark analyst M. Whale now forecasts that the company will post earnings per share of ($0.04) for the year, down from their previous estimate of ($0.02). The consensus estimate for NanoXplore's current full-year earnings is $0.02 per share.

GRA has been the subject of a number of other research reports. Raymond James downgraded NanoXplore from an "outperform" rating to a "market perform" rating and dropped their target price for the stock from C$4.00 to C$3.00 in a report on Thursday, February 13th. Royal Bank of Canada decreased their target price on shares of NanoXplore from C$3.25 to C$3.00 and set an "outperform" rating on the stock in a research report on Thursday, February 13th. Finally, National Bankshares cut their price target on NanoXplore from C$3.50 to C$3.00 and set an "outperform" rating for the company in a research note on Thursday, February 13th.

NanoXplore Stock Performance

Shares of TSE GRA traded down C$0.02 during mid-day trading on Monday, reaching C$2.30. 81,927 shares of the company were exchanged, compared to its average volume of 96,848. NanoXplore has a twelve month low of C$2.03 and a twelve month high of C$2.96. The stock has a market capitalization of C$394.07 million, a P/E ratio of -35.42 and a beta of 1.26. The company's 50-day simple moving average is C$2.41 and its 200-day simple moving average is C$2.37. The company has a quick ratio of 2.01, a current ratio of 2.22 and a debt-to-equity ratio of 21.81.

NanoXplore Company Profile

NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.