Ventum Cap Mkts Forecasts 5N Plus’ FY2024 Earnings (TSE:VNP)

5N Plus Inc. (TSE:VNP) – Research analysts at Ventum Cap Mkts issued their FY2024 earnings per share estimates for 5N Plus in a research note issued to investors on Wednesday, December 11th. Ventum Cap Mkts analyst A. Ezzat expects that the company will post earnings per share of $0.25 for the year. Ventum Cap Mkts has a “Strong-Buy” rating on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share. Ventum Cap Mkts also issued estimates for 5N Plus’ Q4 2024 earnings at $0.04 EPS, FY2025 earnings at $0.34 EPS and FY2026 earnings at $0.44 EPS.

A number of other research firms also recently issued reports on VNP. National Bankshares boosted their target price on shares of 5N Plus from C$8.00 to C$8.50 in a report on Tuesday, November 5th. Desjardins boosted 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. Ventum Financial set a C$10.00 price objective on 5N Plus and gave the stock a “buy” rating in a report on Thursday. Finally, Raymond James lifted their target price on 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, 5N Plus has a consensus rating of “Buy” and a consensus price target of C$8.60.

5N Plus Stock Down 2.0 %

Shares of TSE VNP opened at C$6.42 on Monday. The firm has a market cap of C$570.87 million, a P/E ratio of 40.13, a price-to-earnings-growth 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. 5N Plus has a 1 year low of C$3.33 and a 1 year high of C$7.61. The firm’s 50 day moving average price is C$6.71 and its 200 day moving average price is C$6.41.

Insider Buying and Selling at 5N Plus

In other 5N Plus news, Director Jean-Marie Bourassa purchased 9,000 shares of the business’s stock in a transaction dated Friday, November 15th. The shares were bought at an average price of C$6.75 per share, with a total value of C$60,750.00. 4.91% of the stock is currently owned by insiders.

5N Plus Company Profile

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.