FY2026 EPS Estimate for Altius Minerals Lowered by Analyst

Key Points

• Scotiabank cut Altius Minerals’ FY2026 EPS estimate to $0.84 from $0.94 and maintained a “Hold” rating. The firm forecasts FY2027 EPS of $1.28, compared with the current full-year consensus estimate of $0.35.
• Analyst sentiment remains mixed but leans toward “Hold”: two analysts rate the stock “Buy” and four rate it “Hold,” producing a consensus rating of “Hold” and an average price target of C$63.62.
• Altius Minerals shares opened at C$63.12 after rising 1.3%, near their 12-month high of C$66.05. In its latest quarter, the company reported C$0.14 EPS and C$23.15 million in revenue.

Altius Minerals Co. (TSE:ALS - Free Report) - Stock analysts at Scotiabank decreased their FY2026 earnings per share estimates for Altius Minerals in a report released on Wednesday, August 19th. Scotiabank analyst O. Wowkodaw now forecasts that the company will post earnings per share of $0.84 for the year, down from their previous forecast of $0.94. Scotiabank has a "Hold" rating on the stock. The consensus estimate for Altius Minerals' current full-year earnings is $0.35 per share. Scotiabank also issued estimates for Altius Minerals' FY2027 earnings at $1.28 EPS.

ALS has been the subject of a number of other reports. BMO Capital Markets upped their price objective on shares of Altius Minerals from C$44.00 to C$49.00 and gave the stock a "market perform" rating in a research report on Wednesday, May 13th. National Bank Financial raised their target price on shares of Altius Minerals from C$70.00 to C$75.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. TD set a C$60.00 target price on shares of Altius Minerals and gave the stock a "hold" rating in a research note on Wednesday, July 22nd. ATB Cormark Capital Markets upped their price target on shares of Altius Minerals from C$68.00 to C$79.00 in a report on Tuesday, July 14th. Finally, Raymond James Financial upped their price target on shares of Altius Minerals from C$64.00 to C$66.00 in a report on Monday, July 13th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Altius Minerals currently has a consensus rating of "Hold" and an average target price of C$63.62.

Altius Minerals Stock Up 1.3%

ALS stock opened at C$63.12 on Friday. The firm has a 50-day moving average price of C$60.73 and a 200-day moving average price of C$53.49. Altius Minerals has a 12 month low of C$28.84 and a 12 month high of C$66.05. The company has a current ratio of 13.49, a quick ratio of 6.49 and a debt-to-equity ratio of 6.47. The stock has a market capitalization of C$3.71 billion, a P/E ratio of 10.02 and a beta of 0.40.

Altius Minerals (TSE:ALS - Get Free Report) last released its earnings results on Monday, August 10th. The company reported C$0.14 earnings per share (EPS) for the quarter. The firm had revenue of C$23.15 million for the quarter. Altius Minerals had a return on equity of 27.08% and a net margin of 462.21%.

Altius Minerals Company Profile

Altius's strategy is to create per share growth through a diversified portfolio of royalty assets that relate to long life, high margin operations. This strategy further provides shareholders with exposures that are well aligned with global growth trends including increasing electricity-based market share within energy usage, global infrastructure build and refurbishment growth, increased EAF based steelmaking, steadily increasing agricultural fertilizer requirements and the enhanced appetite for financial asset diversification through precious metals ownership.

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