FY2024 EPS Estimates for 5N Plus Boosted by Analyst

5N Plus Inc. (TSE:VNP) – Analysts at National Bank Financial upped their FY2024 earnings estimates for shares of 5N Plus in a report issued on Tuesday, November 5th. National Bank Financial analyst R. Merer now expects that the company will post earnings per share of $0.30 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. National Bank Financial also issued estimates for 5N Plus’ Q4 2024 earnings at $0.06 EPS.

5N Plus (TSE:VNP) last released its quarterly earnings data on Monday, August 5th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.06 by C$0.02. The firm 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%.

A number of other equities analysts have also recently issued reports on VNP. Desjardins raised their price objective on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research note on Tuesday, September 10th. Raymond James raised their target price on shares of 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Finally, National Bankshares boosted their price objective on shares of 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday.

5N Plus Price Performance

Shares of VNP stock opened at C$6.79 on Thursday. 5N Plus has a 52 week low of C$3.05 and a 52 week high of C$7.61. The stock’s fifty day moving average is C$6.93 and its 200-day moving average is C$6.16. The stock has a market capitalization of C$603.77 million, a PE ratio of 42.44, a PEG 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.

Insider Activity at 5N Plus

In other 5N Plus news, Senior Officer Richard Perron acquired 75,000 shares of 5N Plus stock in a transaction dated Wednesday, September 11th. The stock was bought 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 owned by insiders.

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.