FY2024 Earnings Forecast for 5N Plus Issued By Raymond James

by · The Cerbat Gem

5N Plus Inc. (TSE:VNP – Free Report) – Stock analysts at Raymond James boosted their FY2024 earnings per share (EPS) estimates for shares of 5N Plus in a research report issued on Tuesday, November 5th. Raymond James analyst M. Glen now forecasts that the company will post earnings of $0.29 per share for the year, up from their previous forecast of $0.28. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share. Raymond James also issued estimates for 5N Plus’ Q4 2024 earnings at $0.07 EPS.

VNP has been the topic of a number of other research reports. National Bankshares upped their price objective on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday. Desjardins boosted 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 report on Tuesday, September 10th.

Check Out Our Latest Stock Analysis on 5N Plus

5N Plus Stock Performance

Shares of VNP stock opened at C$6.79 on Thursday. The firm’s 50 day moving average price is C$6.93 and its 200-day moving average price is C$6.16. 5N Plus has a one year low of C$3.05 and a one year high of C$7.61. The firm has a market cap of C$603.77 million, a P/E ratio of 42.44, a P/E/G ratio of 6,283.33 and a beta of 1.55. The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47.

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

Insider Buying and Selling

In related news, Senior Officer Richard Perron acquired 75,000 shares of 5N Plus stock in a transaction dated Wednesday, September 11th. The shares were acquired at an average cost of C$6.95 per share, for a total transaction of C$521,250.00. 4.91% of the stock is currently owned by insiders.

About 5N Plus

(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.

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