NexGen Energy FY2027 EPS Forecast Raised by Stifel Canada

NexGen Energy Ltd. (TSE:NXE - Free Report) - Stifel Canada upped their FY2027 earnings estimates for shares of NexGen Energy in a research report issued to clients and investors on Tuesday, May 27th. Stifel Canada analyst R. Profiti now expects that the company will earn ($0.33) per share for the year, up from their prior forecast of ($0.34). Stifel Canada has a "Strong-Buy" rating on the stock. The consensus estimate for NexGen Energy's current full-year earnings is ($0.07) per share.

A number of other research analysts also recently commented on NXE. Scotiabank reduced their price objective on shares of NexGen Energy from C$12.00 to C$11.50 and set an "outperform" rating on the stock in a research note on Tuesday, March 25th. TD Securities reduced their price objective on shares of NexGen Energy from C$13.00 to C$12.00 and set a "buy" rating on the stock in a research note on Thursday, March 6th. Finally, National Bankshares reduced their price objective on shares of NexGen Energy from C$13.50 to C$12.50 and set an "outperform" rating on the stock in a research note on Friday, March 7th. Six investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, NexGen Energy has an average rating of "Buy" and a consensus target price of C$13.22.

NexGen Energy Stock Down 1.4%

TSE NXE traded down C$0.12 during trading hours on Friday, reaching C$8.43. 2,641,749 shares of the company traded hands, compared to its average volume of 1,727,074. NexGen Energy has a 12 month low of C$5.59 and a 12 month high of C$12.51. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. The stock has a market capitalization of C$4.77 billion, a PE ratio of 32.28 and a beta of 1.76. The company has a 50 day moving average of C$7.15 and a two-hundred day moving average of C$8.66.

NexGen Energy Company Profile

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.