FY2025 Earnings Estimate for TSE:NEO Issued By Stifel Canada

Neo Performance Materials Inc. (TSE:NEO) – Stifel Canada cut their FY2025 earnings per share estimates for shares of Neo Performance Materials in a report issued on Tuesday, March 18th. Stifel Canada analyst I. Gillies now forecasts that the company will post earnings of $0.84 per share for the year, down from their previous forecast of $0.89. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Separately, Stifel Nicolaus lifted their price objective on Neo Performance Materials from C$15.00 to C$16.50 and gave the company a “buy” rating in a report on Wednesday.

Neo Performance Materials Stock Performance

Shares of NEO stock opened at C$9.12 on Thursday. The stock has a market capitalization of C$266.91 million, a PE ratio of -119.77 and a beta of 1.38. Neo Performance Materials has a 52-week low of C$5.67 and a 52-week high of C$9.74. The stock’s 50-day moving average price is C$8.27 and its 200 day moving average price is C$8.12. The company has a quick ratio of 1.92, a current ratio of 2.59 and a debt-to-equity ratio of 10.65.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.