5N Plus (TSE:VNP) Shares Down 5.8% - Here's What Happened

Key Points

• Shares fell 5.8% on Monday to C$31.13 after trading as low as C$30.78, on volume of 133,385 shares—about 74% below the average session volume.
• Multiple analysts recently raised targets and the stock carries an average Buy rating with a consensus price target of C$34.08 (several firms have lifted targets to roughly C$34–35).
• 5N Plus posted C$0.10 EPS on C$134.21M revenue with strong profitability (ROE 28.3%, net margin 12.9%) but a high valuation (P/E ~53.1) and market cap of C$2.65 billion.

5N Plus Inc. (TSE:VNP - Get Free Report)'s share price fell 5.8% during trading on Monday . The company traded as low as C$30.78 and last traded at C$31.13. 133,385 shares were traded during trading, a decline of 74% from the average session volume of 504,903 shares. The stock had previously closed at C$33.05.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on VNP shares. Ventum Financial lifted their target price on 5N Plus from C$30.00 to C$35.00 and gave the company a "buy" rating in a research report on Thursday, February 26th. Canaccord Genuity Group raised their price target on 5N Plus from C$31.00 to C$34.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Desjardins boosted their price target on 5N Plus from C$24.50 to C$30.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. ATB Cormark Capital Markets cut their price objective on 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. Finally, Raymond James Financial boosted their target price on shares of 5N Plus from C$29.00 to C$35.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. Two analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of C$34.08.

5N Plus Stock Performance

The company has a debt-to-equity ratio of 84.42, a current ratio of 2.76 and a quick ratio of 1.51. The stock has a 50-day moving average price of C$27.35 and a 200-day moving average price of C$21.60. The company has a market capitalization of C$2.65 billion, a price-to-earnings ratio of 53.05, a PEG ratio of 6,283.33 and a beta of 0.87.

5N Plus (TSE:VNP - Get Free Report) last posted its 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 for the quarter. 5N Plus had a return on equity of 28.32% and a net margin of 12.89%. As a group, analysts forecast that 5N Plus Inc. will post 0.3739703 earnings per share for the current year.

5N Plus Company Profile

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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