Desjardins Comments on NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Equities researchers at Desjardins issued their FY2025 EPS estimates for NexGen Energy in a research note issued to investors on Monday, June 9th. Desjardins analyst B. Adams expects that the company will earn ($0.14) per share for the year. Desjardins has a "Buy" rating on the stock. The consensus estimate for NexGen Energy's current full-year earnings is ($0.05) per share. Desjardins also issued estimates for NexGen Energy's FY2026 earnings at ($0.20) EPS and FY2027 earnings at ($0.37) EPS.

Several other equities research analysts have also issued reports on the stock. Stifel Nicolaus assumed coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They set a "buy" rating on the stock. Scotiabank reissued an "outperform" rating on shares of NexGen Energy in a research note on Thursday, March 6th. Stifel Canada raised shares of NexGen Energy to a "strong-buy" rating in a research note on Tuesday, March 11th. Finally, Raymond James reissued an "outperform" rating on shares of NexGen Energy in a research note on Friday, April 4th. Four investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, NexGen Energy presently has a consensus rating of "Buy".

NexGen Energy Stock Down 1.0%

Shares of NXE stock traded down $0.07 during mid-day trading on Thursday, hitting $6.63. 9,205,119 shares of the stock were exchanged, compared to its average volume of 7,352,268. The firm has a fifty day moving average of $5.51 and a 200 day moving average of $6.00. NexGen Energy has a 52-week low of $3.91 and a 52-week high of $8.96. The company has a market cap of $3.77 billion, a PE ratio of 44.17 and a beta of 1.54.

NexGen Energy (NYSE:NXE - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.04).

Institutional Trading of NexGen Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its holdings in shares of NexGen Energy by 10.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 15,345 shares of the company's stock worth $101,000 after buying an additional 1,500 shares during the last quarter. Invesco Ltd. increased its holdings in NexGen Energy by 6.7% in the 4th quarter. Invesco Ltd. now owns 26,399 shares of the company's stock valued at $174,000 after purchasing an additional 1,656 shares during the last quarter. Hsbc Holdings PLC increased its holdings in NexGen Energy by 10.4% in the 1st quarter. Hsbc Holdings PLC now owns 20,675 shares of the company's stock valued at $93,000 after purchasing an additional 1,946 shares during the last quarter. Rathbones Group PLC increased its holdings in NexGen Energy by 6.8% in the 1st quarter. Rathbones Group PLC now owns 33,131 shares of the company's stock valued at $149,000 after purchasing an additional 2,100 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in NexGen Energy by 2.6% in the 4th quarter. Cetera Investment Advisers now owns 104,611 shares of the company's stock valued at $690,000 after purchasing an additional 2,648 shares during the last quarter. Institutional investors and hedge funds own 42.43% of the company's stock.

NexGen Energy Company Profile

NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.