Brokers Offer Predictions for 5N Plus Inc.’s FY2024 Earnings (TSE:VNP)

5N Plus Inc. (TSE:VNP) – Research analysts at National Bank Financial lowered their FY2024 earnings per share estimates for 5N Plus in a note issued to investors on Monday, May 6th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of $0.23 for the year, down from their prior estimate of $0.27. The consensus estimate for 5N Plus’ current full-year earnings is $0.28 per share. National Bank Financial also issued estimates for 5N Plus’ Q4 2024 earnings at $0.07 EPS.

5N Plus (TSE:VNP) last released its earnings results on Tuesday, February 27th. The company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). 5N Plus had a net margin of 6.35% and a return on equity of 12.76%. The business had revenue of C$88.59 million during the quarter, compared to the consensus estimate of C$84.15 million.

A number of other research analysts also recently weighed in on the company. Raymond James raised their price target on 5N Plus from C$5.00 to C$6.00 and gave the company a “strong-buy” rating in a research note on Monday, February 26th. National Bankshares boosted their target price on shares of 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a report on Tuesday.

5N Plus Price Performance

Shares of TSE VNP opened at C$5.15 on Wednesday. 5N Plus has a fifty-two week low of C$2.86 and a fifty-two week high of C$5.25. The stock has a market capitalization of C$457.27 million, a price-to-earnings ratio of 22.39, a PEG ratio of 6,283.33 and a beta of 1.64. The company has a debt-to-equity ratio of 107.81, a current ratio of 2.22 and a quick ratio of 1.51. The business has a 50-day moving average of C$4.71 and a 200-day moving average of C$4.01.

Insider Buying and Selling at 5N Plus

In related news, Director Jean-Marie Bourassa acquired 60,100 shares of 5N Plus stock in a transaction on Friday, March 1st. The stock was purchased at an average cost of C$4.52 per share, with a total value of C$271,561.85. Insiders have acquired 69,100 shares of company stock worth $312,032 over the last 90 days. Company insiders own 4.79% of the company’s stock.

About 5N Plus

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.