Sidoti Has Optimistic Outlook of TSE:NEO FY2026 Earnings

Key Points

• Sidoti raised its FY2026 EPS estimate for Neo Performance Materials to C$2.28 from C$2.27, well above the broader consensus estimate of C$0.68.
• Neo reported quarterly EPS of C$0.73 on revenue of C$292.32 million, though it posted a negative 2.63% return on equity and a negative 2.03% net margin.
• Analyst sentiment remains positive: four analysts rate the stock a Buy, with a consensus target price of C$56.17, while recent brokerages raised their targets to between C$53.50 and C$60.00.

Neo Performance Materials Inc. (TSE:NEO - Free Report) - Analysts at Sidoti upped their FY2026 earnings estimates for shares of Neo Performance Materials in a note issued to investors on Thursday, August 13th. Sidoti analyst D. Harriman now expects that the company will earn $2.28 per share for the year, up from their previous estimate of $2.27. The consensus estimate for Neo Performance Materials' current full-year earnings is $0.68 per share. Sidoti also issued estimates for Neo Performance Materials' Q2 2027 earnings at $0.53 EPS, Q3 2027 earnings at $0.57 EPS, Q4 2027 earnings at $0.58 EPS and FY2027 earnings at $2.19 EPS.

Neo Performance Materials (TSE:NEO - Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported C$0.73 earnings per share (EPS) for the quarter. Neo Performance Materials had a negative return on equity of 2.63% and a negative net margin of 2.03%.The business had revenue of C$292.32 million during the quarter.

A number of other brokerages have also recently weighed in on NEO. ATB Cormark Capital Markets lifted their price objective on shares of Neo Performance Materials from C$43.00 to C$53.50 and gave the company an "outperform" rating in a research note on Friday, July 10th. BMO Capital Markets increased their target price on shares of Neo Performance Materials from C$43.00 to C$60.00 in a research report on Monday, July 13th. Finally, Stifel Nicolaus raised their target price on shares of Neo Performance Materials from C$49.00 to C$55.00 and gave the company a "buy" rating in a research note on Wednesday. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$56.17.

Neo Performance Materials Trading Up 0.2%

TSE:NEO opened at C$36.82 on Friday. The stock has a market cap of C$1.69 billion, a price-to-earnings ratio of -153.42 and a beta of 1.44. The company has a debt-to-equity ratio of 41.75, a quick ratio of 1.92 and a current ratio of 1.76. Neo Performance Materials has a 1 year low of C$15.31 and a 1 year high of C$47.19. The business has a fifty day moving average of C$36.72 and a 200-day moving average of C$29.19.

Neo Performance Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 29th were issued a $0.10 dividend. The ex-dividend date was Friday, June 19th. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. Neo Performance Materials's dividend payout ratio is -120.72%.

About Neo Performance Materials

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo's advanced industrial materials - magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys - are critical to the performance of many everyday products and emerging technologies. Neo's products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals.

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