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

5N Plus Inc. (TSE:VNP) – Equities researchers at Ventum Cap Mkts increased their FY2024 earnings per share (EPS) estimates for shares of 5N Plus in a research note issued to investors on Thursday, January 30th. Ventum Cap Mkts analyst A. Ezzat now anticipates that the company will earn $0.27 per share for the year, up from their prior forecast of $0.25. Ventum Cap Mkts currently 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 $0.06 EPS, FY2025 earnings at $0.35 EPS and FY2026 earnings at $0.46 EPS.

5N Plus (TSE:VNP) last announced its quarterly earnings results on Monday, November 4th. The company reported C$0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.08 by C$0.04. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. During the same period in the prior year, the company earned $0.03 earnings per share.

Other research analysts have also issued research reports about the stock. Ventum Financial set a C$10.00 price target on shares of 5N Plus and gave the company a “buy” rating in a research note on Thursday, December 12th. National Bankshares lifted their target price on 5N Plus from C$8.00 to C$8.50 in a research report on Tuesday, November 5th. Five research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, 5N Plus presently has an average rating of “Buy” and an average target price of C$8.60.

5N Plus Price Performance

Shares of VNP opened at C$7.74 on Monday. The stock has a 50 day simple moving average of C$7.26 and a 200 day simple moving average of C$6.82. 5N Plus has a 52-week low of C$3.66 and a 52-week high of C$8.99. The company has a debt-to-equity ratio of 110.23, a quick ratio of 1.51 and a current ratio of 3.47. The firm has a market capitalization of C$688.24 million, a PE ratio of 48.38, a P/E/G ratio of 6,283.33 and a beta of 1.55.

Insider Buying and Selling

In other news, Director Jean-Marie Bourassa bought 9,000 shares of the business’s stock in a transaction that occurred on Friday, November 15th. The stock was acquired at an average cost of C$6.75 per share, for a total transaction of C$60,750.00. 4.91% of the stock is currently owned by corporate 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.