5N Plus FY2024 EPS Boosted by National Bank Financial

5N Plus Inc. (TSE:VNP) – National Bank Financial lifted their FY2024 earnings estimates for 5N Plus in a note issued to investors on Tuesday, November 5th. National Bank Financial analyst R. Merer now forecasts that the company will post earnings per share of $0.30 for the year, up from their prior estimate 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 issued its quarterly earnings results on Monday, August 5th. The company reported C$0.08 earnings per share for the quarter, topping the consensus estimate of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The firm had revenue of C$102.04 million during the quarter, compared to the consensus estimate of C$91.45 million.

VNP has been the subject of a number of other research reports. National Bankshares raised their target price on 5N Plus from C$8.00 to C$8.50 in a report on Tuesday. Desjardins lifted their price target on 5N Plus from C$7.25 to C$8.50 and gave the stock a “buy” rating in a research note on Tuesday, September 10th. Finally, Raymond James lifted their price target on 5N Plus from C$7.50 to C$8.50 in a research note on Friday, September 6th.

5N Plus Price Performance

Shares of TSE VNP opened at C$6.71 on Thursday. 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 stock has a fifty day moving average price of C$6.92 and a 200 day moving average price of 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 market cap of C$596.65 million, a PE ratio of 41.94, a P/E/G ratio of 6,283.33 and a beta of 1.55.

Insider Transactions at 5N Plus

In other news, Senior Officer Richard Perron bought 75,000 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was acquired at an average price of C$6.95 per share, for a total transaction of C$521,250.00. Company insiders own 4.91% of the company’s stock.

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.