NexGen Energy FY2025 EPS Forecast Reduced by Stifel Canada

Key Points

• Stifel Canada has lowered its FY2025 EPS estimate for NexGen Energy to ($0.32) per share, down from ($0.21), while the consensus estimate for the company's full-year earnings is ($0.07) per share.
• Despite the lowered earnings estimates, NexGen Energy has received multiple "buy" ratings from analysts, with price targets of C$12.00 from TD Securities and C$13.50 from Desjardins.
• NexGen Energy's stock recently opened at C$9.45, reflecting a 1.5% decline and revealing a 52-week trading range between C$5.59 and C$12.51.

NexGen Energy Ltd. (TSE:NXE - Free Report) - Stock analysts at Stifel Canada dropped their FY2025 earnings estimates for shares of NexGen Energy in a research report issued on Wednesday, August 6th. Stifel Canada analyst R. Profiti now anticipates that the company will earn ($0.32) per share for the year, down from their previous forecast of ($0.21). The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share. Stifel Canada also issued estimates for NexGen Energy's FY2029 earnings at ($0.40) EPS.

A number of other analysts also recently issued reports on NXE. Desjardins set a C$13.50 price target on NexGen Energy and gave the stock a "buy" rating in a research report on Tuesday, June 10th. TD Securities lifted their target price on NexGen Energy from C$11.00 to C$12.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Four research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of C$13.25.

NexGen Energy Price Performance

NXE stock traded down C$0.04 during midday trading on Monday, hitting C$9.27. The company's stock had a trading volume of 735,058 shares, compared to its average volume of 1,756,750. The company has a quick ratio of 8.20, a current ratio of 1.16 and a debt-to-equity ratio of 35.49. The firm has a market capitalization of C$5.25 billion, a price-to-earnings ratio of 35.49 and a beta of 1.76. NexGen Energy has a 12 month low of C$5.59 and a 12 month high of C$12.51. The company has a 50 day moving average of C$9.31 and a two-hundred day moving average of C$8.18.

About NexGen Energy

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company's projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.