Desjardins Issues Optimistic Estimate for 5N Plus Earnings

5N Plus Inc. (TSE:VNPFree Report) – Equities research analysts at Desjardins raised their FY2024 earnings estimates for shares of 5N Plus in a research report issued on Tuesday, November 5th. Desjardins analyst F. Tremblay now forecasts that the company will earn $0.29 per share for the year, up from their prior forecast of $0.28. Desjardins currently has a “Buy” rating and a $8.50 price objective on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share. Desjardins also issued estimates for 5N Plus’ Q4 2024 earnings at $0.06 EPS.

Several other analysts have also issued reports on VNP. National Bankshares increased their target price on 5N Plus from C$8.00 to C$8.50 in a report on Tuesday. Raymond James boosted their target price on shares of 5N Plus from C$7.50 to C$8.50 in a research report on Friday, September 6th.

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5N Plus Trading Down 0.3 %

Shares of TSE:VNP opened at C$6.69 on Thursday. The business’s 50 day simple moving average is C$6.92 and its 200 day simple moving average is C$6.16. 5N Plus has a 1 year low of C$3.05 and a 1 year high of C$7.61. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51. The company has a market capitalization of C$594.87 million, a P/E ratio of 41.81, a P/E/G ratio of 6,283.33 and a beta of 1.55.

Insider Activity

In related news, Senior Officer Richard Perron bought 75,000 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were purchased at an average price of C$6.95 per share, for a total transaction of C$521,250.00. 4.91% of the stock is currently owned by corporate insiders.

5N Plus Company Profile

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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.

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Earnings History and Estimates for 5N Plus (TSE:VNP)

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