NexGen Energy Ltd. (NYSE:NXE – Free Report) – Raymond James issued their FY2026 earnings per share estimates for shares of NexGen Energy in a report issued on Thursday, May 15th. Raymond James analyst B. Macarthur forecasts that the company will post earnings of ($0.09) per share for the year. Raymond James has a “Outperform” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share.
A number of other equities analysts also recently issued reports on the stock. Stifel Nicolaus initiated coverage on shares of NexGen Energy in a report on Wednesday, March 12th. They issued a “buy” rating for the company. Scotiabank reissued an “outperform” rating on shares of NexGen Energy in a research note on Thursday, March 6th. Finally, Stifel Canada upgraded NexGen Energy to a “strong-buy” rating in a research report on Tuesday, March 11th. Three analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Strong Buy”.
NexGen Energy Price Performance
NexGen Energy stock opened at $5.46 on Monday. The stock’s 50 day moving average price is $4.91 and its 200 day moving average price is $6.21. The company has a market cap of $3.11 billion, a PE ratio of 36.37 and a beta of 1.50. NexGen Energy has a 1-year low of $3.91 and a 1-year high of $8.96.
NexGen Energy (NYSE:NXE – Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04).
Institutional Investors Weigh In On NexGen Energy
Institutional investors and hedge funds have recently bought and sold shares of the stock. Janney Montgomery Scott LLC raised its holdings in shares of NexGen Energy by 10.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 15,345 shares of the company’s stock worth $101,000 after acquiring an additional 1,500 shares during the last quarter. Invesco Ltd. increased its position in NexGen Energy by 6.7% during the 4th quarter. Invesco Ltd. now owns 26,399 shares of the company’s stock worth $174,000 after purchasing an additional 1,656 shares in the last quarter. Hsbc Holdings PLC raised its stake in NexGen Energy by 10.4% in the 1st quarter. Hsbc Holdings PLC now owns 20,675 shares of the company’s stock valued at $93,000 after purchasing an additional 1,946 shares during the last quarter. Rathbones Group PLC raised its stake in NexGen Energy by 6.8% in the 1st quarter. Rathbones Group PLC now owns 33,131 shares of the company’s stock valued at $149,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in NexGen Energy by 2.6% in the 4th quarter. Cetera Investment Advisers now owns 104,611 shares of the company’s stock valued at $690,000 after purchasing an additional 2,648 shares in the last quarter. Hedge funds and other institutional investors own 42.43% of the company’s stock.
NexGen Energy Company Profile
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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