NexGen Energy FY2027 EPS Forecast Boosted by Ventum Cap Mkts

NexGen Energy Ltd. (TSE:NXE) – Ventum Cap Mkts raised their FY2027 earnings per share (EPS) estimates for NexGen Energy in a research note issued to investors on Wednesday, March 12th. Ventum Cap Mkts analyst A. Terentiew now anticipates that the company will post earnings per share of ($0.08) for the year, up from their prior forecast of ($0.19). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for NexGen Energy’s FY2028 earnings at ($0.18) EPS.

Other equities research analysts have also recently issued reports about the company. Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. National Bankshares dropped their price target on shares of NexGen Energy from C$13.50 to C$12.50 and set an “outperform” rating on the stock in a research note on Friday, March 7th. Haywood Securities raised their price objective on shares of NexGen Energy from C$12.50 to C$13.75 in a report on Wednesday, November 20th. Raymond James boosted their target price on shares of NexGen Energy from C$12.00 to C$13.50 in a report on Wednesday, November 20th. Finally, Cormark raised their price target on NexGen Energy from C$13.00 to C$13.50 in a report on Wednesday, November 20th. Six research analysts have rated the stock with a buy rating and four have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$13.28.

NexGen Energy Stock Up 2.5 %

Shares of TSE NXE opened at C$6.90 on Monday. The company has a debt-to-equity ratio of 35.49, a current ratio of 1.16 and a quick ratio of 8.20. The stock has a market capitalization of C$3.90 billion, a PE ratio of 26.42 and a beta of 1.76. NexGen Energy has a one year low of C$6.44 and a one year high of C$12.51. The business’s fifty day moving average price is C$8.72 and its 200-day moving average price is C$9.45.

Insider Buying and Selling at NexGen Energy

In other NexGen Energy news, Director Leigh Robert Curyer acquired 1,500,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average price of C$10.05 per share, with a total value of C$15,075,000.00. Insiders own 7.96% of the company’s stock.

About NexGen Energy

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company’s projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.