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National Bank Financial Comments on 5N Plus FY2024 Earnings

5N Plus logo with Basic Materials background

5N Plus Inc. (TSE:VNP - Free Report) - Research analysts at National Bank Financial raised their FY2024 earnings per share estimates for 5N Plus in a note issued to investors on Tuesday, November 5th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of $0.30 for the year, up from their prior estimate of $0.28. The consensus estimate for 5N Plus' current full-year earnings is $0.37 per share. National Bank Financial also issued estimates for 5N Plus' Q4 2024 earnings at $0.06 EPS.

Several other brokerages have also issued reports on VNP. Desjardins lifted their price target on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a "buy" rating in a research note on Tuesday, September 10th. Raymond James lifted their target price on 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th. Finally, National Bankshares upped their target price on 5N Plus from C$8.00 to C$8.50 in a report on Tuesday.

Read Our Latest Report on 5N Plus

5N Plus Stock Down 1.2 %

Shares of VNP stock traded down C$0.08 during trading on Thursday, reaching C$6.71. The company's stock had a trading volume of 361,700 shares, compared to its average volume of 107,915. 5N Plus has a one year low of C$3.05 and a one year high of C$7.61. The business has a fifty day moving average price of C$6.93 and a 200-day moving average price of C$6.16. The company has a market cap of C$596.65 million, a price-to-earnings ratio of 42.44, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.55. The company has a quick ratio of 1.51, a current ratio of 3.47 and a debt-to-equity ratio of 110.23.

5N Plus (TSE:VNP - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported C$0.08 earnings per share for the quarter, topping analysts' consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The firm had revenue of C$102.04 million during the quarter, compared to the consensus estimate of C$91.45 million.

Insider Buying and Selling at 5N Plus

In other news, Senior Officer Richard Perron acquired 75,000 shares of the stock in a transaction dated Wednesday, September 11th. The shares were bought at an average cost of C$6.95 per share, for a total transaction of C$521,250.00. Corporate insiders own 4.91% of the company's stock.

5N Plus Company Profile

(Get Free Report)

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.

See Also

Earnings History and Estimates for 5N Plus (TSE:VNP)

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