5N Plus (TSE:VNP) Hits New 1-Year High - Time to Buy?

Key Points

• 5N Plus hit a new 52-week high, trading as high as C$35.60 (last C$35.50) on Friday with about 104,354 shares changing hands and the stock up roughly 4.5%.
• Analyst sentiment is positive with a consensus "Buy" rating (two Strong Buy, five Buy) and a consensus price target of C$34.58, though several firms recently raised targets (to C$33–C$38) while one trimmed its target to C$37.50.
• Key fundamentals show a market cap of C$3.20 billion, strong profitability (net margin 12.89% and ROE 28.32%) but a high valuation (P/E 63.54) and elevated leverage (debt-to-equity 84.42), suggesting both growth and valuation risk considerations.

Shares of 5N Plus Inc. (TSE:VNP - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as C$35.60 and last traded at C$35.50, with a volume of 104354 shares changing hands. The stock had previously closed at C$34.05.

Analyst Upgrades and Downgrades

VNP has been the subject of a number of research reports. National Bank Financial upped their target price on shares of 5N Plus from C$30.00 to C$33.00 and gave the company an "outperform" rating in a report on Wednesday, February 4th. Raymond James Financial upped their target price on shares of 5N Plus from C$35.00 to C$38.00 and gave the company an "outperform" rating in a report on Wednesday, April 1st. Ventum Financial upped their target price on shares of 5N Plus from C$30.00 to C$35.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Desjardins upped their target price on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a "buy" rating in a report on Monday, February 2nd. Finally, ATB Cormark Capital Markets reduced their target price on shares of 5N Plus from C$42.00 to C$37.50 and set a "top pick" rating for the company in a report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of C$34.58.

5N Plus Trading Up 4.5%

The firm has a market capitalization of C$3.20 billion, a P/E ratio of 63.54, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.85. The stock's 50-day simple moving average is C$29.56 and its two-hundred day simple moving average is C$22.56. The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51.

5N Plus (TSE:VNP - Get Free Report) last posted its quarterly earnings results on Tuesday, February 24th. The company reported C$0.10 earnings per share for the quarter. The business had revenue of C$134.21 million during the quarter. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. Equities research analysts expect that 5N Plus Inc. will post 0.3739703 EPS for the current year.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company's ultra pure materials often form the core element of its customers' products. These customers rely on 5N+'s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company's products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.

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