What is Cormark's Forecast for 5N Plus FY2025 Earnings?

Key Points

• Cormark analysts raised their FY2025 earnings estimate for 5N Plus to $0.58 per share, up from a previous forecast of $0.40, maintaining a "Moderate Buy" rating on the stock.
• Additional brokerage firms have increased their price targets for 5N Plus, with Ventum Financial and Desjardins setting their targets at C$14.00 and National Bankshares at C$10.50, showing a consensus rating of "Buy."
• As of Friday, 5N Plus shares opened at C$15.55 and have experienced a significant price range over the past year, with a low of C$4.90 and a high of C$15.80.

5N Plus Inc. (TSE:VNP - Free Report) - Investment analysts at Cormark raised their FY2025 earnings per share estimates for shares of 5N Plus in a research report issued to clients and investors on Wednesday, August 6th. Cormark analyst N. Boychuk now anticipates that the company will post earnings per share of $0.58 for the year, up from their previous forecast of $0.40. Cormark currently has a "Moderate Buy" rating on the stock. The consensus estimate for 5N Plus' current full-year earnings is $0.37 per share. Cormark also issued estimates for 5N Plus' FY2026 earnings at $0.64 EPS and FY2027 earnings at $0.85 EPS.

Several other analysts also recently commented on the company. National Bank Financial raised 5N Plus to a "strong-buy" rating in a research note on Thursday, June 12th. National Bankshares raised their price objective on 5N Plus from C$9.00 to C$10.50 and gave the stock an "outperform" rating in a research note on Friday, June 6th. Ventum Financial raised their price objective on 5N Plus from C$11.00 to C$14.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Finally, Desjardins raised their price objective on 5N Plus from C$11.00 to C$14.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of C$11.75.

5N Plus Trading Down 1.5%

5N Plus stock traded down C$0.24 during mid-day trading on Friday, hitting C$15.31. 680,147 shares of the company's stock were exchanged, compared to its average volume of 336,528. The firm has a market capitalization of C$961.06 million, a P/E ratio of 60.19, a PEG ratio of 6,283.33 and a beta of 1.55. 5N Plus has a fifty-two week low of C$4.90 and a fifty-two week high of C$15.80. The company has a quick ratio of 1.51, a current ratio of 3.49 and a debt-to-equity ratio of 104.29. The company's 50 day simple moving average is C$10.33 and its 200-day simple moving average is C$7.98.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through two segments, Specialty Semiconductors and Performance Materials. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.