Scotiabank Has Negative Opinion of 5N Plus FY2027 Earnings

Key Points

• Scotiabank lowered its FY2027 EPS estimate for 5N Plus to C$0.75 from C$0.78, while maintaining a “Sector Outperform” rating and C$48.00 price target.
• Despite the estimate reduction, analyst sentiment remains positive: 5N Plus has a consensus “Buy” rating and an average price target of C$45.28.
• Shares opened at C$32.11, compared with a 52-week range of C$16.62 to C$49.97; the company most recently reported quarterly EPS of C$0.31 on revenue of C$173.84 million.

5N Plus Inc. (TSE:VNP - Free Report) - Equities research analysts at Scotiabank lowered their FY2027 earnings per share (EPS) estimates for shares of 5N Plus in a research note issued to investors on Thursday, October 1st. Scotiabank analyst J. Goldman now anticipates that the company will post earnings of $0.75 per share for the year, down from their previous forecast of $0.78. Scotiabank has a "Sector Outperform" rating and a $48.00 price objective on the stock. The consensus estimate for 5N Plus' current full-year earnings is $0.37 per share.

VNP has been the topic of several other research reports. Royal Bank Of Canada set a C$41.00 target price on shares of 5N Plus and gave the company a "moderate buy" rating in a research note on Tuesday, July 21st. Scotia lowered their price objective on shares of 5N Plus from C$48.00 to C$35.00 and set a "sector outperform" rating on the stock in a research note on Wednesday, August 5th. Ventum Financial set a C$44.00 target price on 5N Plus and gave the stock a "buy" rating in a report on Monday, July 27th. Desjardins cut their target price on 5N Plus from C$50.00 to C$45.00 and set a "buy" rating for the company in a research report on Wednesday, August 5th. Finally, National Bank Financial decreased their target price on 5N Plus from C$50.00 to C$45.00 and set an "outperform" rating for the company in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, 5N Plus currently has a consensus rating of "Buy" and a consensus price target of C$45.28.

5N Plus Price Performance

Shares of TSE VNP opened at C$32.11 on Friday. The stock has a market cap of C$2.89 billion, a P/E ratio of 46.54, a P/E/G ratio of 6,283.33 and a beta of 0.75. The firm's 50-day simple moving average is C$28.50 and its 200 day simple moving average is C$34.27. 5N Plus has a fifty-two week low of C$16.62 and a fifty-two week high of C$49.97. The company has a quick ratio of 1.51, a current ratio of 2.28 and a debt-to-equity ratio of 45.47.

5N Plus (TSE:VNP - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 earnings per share (EPS) for the quarter. The company had revenue of C$173.84 million during the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%.

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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