Desjardins Weighs in on NexGen Energy FY2025 Earnings

NexGen Energy Ltd. (NYSE:NXE - Free Report) - Analysts at Desjardins issued their FY2025 earnings per share estimates for shares of NexGen Energy in a note issued to investors on Monday, June 9th. Desjardins analyst B. Adams forecasts that the company will post earnings of ($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.

NexGen Energy (NYSE:NXE - Get Free Report) last released its 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).

Several other equities analysts have also commented on the stock. Raymond James reaffirmed an "outperform" rating on shares of NexGen Energy in a research report on Friday, April 4th. Stifel Canada upgraded NexGen Energy to a "strong-buy" rating in a report on Tuesday, March 11th. Stifel Nicolaus began coverage on NexGen Energy in a report on Wednesday, March 12th. They set a "buy" rating for the company. Finally, Scotiabank restated an "outperform" rating on shares of NexGen Energy in a research note on Thursday, March 6th. Four analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, NexGen Energy currently has an average rating of "Buy".

NexGen Energy Trading Down 1.3%

Shares of NYSE NXE traded down $0.09 on Thursday, reaching $6.61. 7,488,307 shares of the company traded hands, compared to its average volume of 9,721,879. NexGen Energy has a fifty-two week low of $3.91 and a fifty-two week high of $8.96. The company has a 50 day moving average of $5.46 and a 200 day moving average of $6.03. The stock has a market capitalization of $3.76 billion, a PE ratio of 44.04 and a beta of 1.54.

Institutional Investors Weigh In On NexGen Energy

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