Neo Performance Materials Inc. (TSE:NEO - Free Report) - Analysts at Stifel Canada decreased their FY2025 earnings estimates for Neo Performance Materials in a report issued on Tuesday, March 18th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings per share of $0.84 for the year, down from their prior estimate of $0.89. The consensus estimate for Neo Performance Materials' current full-year earnings is $0.68 per share.
Separately, Stifel Nicolaus upped their price objective on Neo Performance Materials from C$15.00 to C$16.50 and gave the company a "buy" rating in a research note on Wednesday, March 19th.
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Neo Performance Materials Stock Performance
NEO traded down C$0.22 during midday trading on Thursday, reaching C$9.19. The company had a trading volume of 51,882 shares, compared to its average volume of 70,660. Neo Performance Materials has a 12-month low of C$5.67 and a 12-month high of C$9.80. The business has a 50-day moving average price of C$8.37 and a two-hundred day moving average price of C$8.15. The stock has a market cap of C$268.96 million, a PE ratio of -120.69 and a beta of 1.38. The company has a debt-to-equity ratio of 10.65, a quick ratio of 1.92 and a current ratio of 2.59.
Neo Performance Materials Company Profile
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Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.
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