Neo Performance Materials (NEO) Stock Price, News & Analysis

-0.02 (-0.33%)
(As of 04/23/2024 ET)
Today's Range
50-Day Range
52-Week Range
86,209 shs
Average Volume
80,226 shs
Market Capitalization
C$248.53 million
P/E Ratio
Dividend Yield
Price Target

Neo Performance Materials MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
64.7% Upside
C$9.83 Price Target
Short Interest
Dividend Strength
Based on Four Factors
News Sentiment
Insider Trading
Acquiring Shares
C$492,578 Bought Last Quarter
Proj. Earnings Growth

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.94 out of 5 stars

NEO stock logo

About Neo Performance Materials Stock (TSE:NEO)

Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets. Its powders are used in the production of bonded permanent magnets that are components in automotive motors, pumps, micro motors, traction motors, sensors, and other applications. The Chemicals and Oxides segments manufactures and distributes a range of industrial materials for use in auto catalysts, consumer electronics, petroleum refining, hybrid and electric vehicles, and municipal and industrial wastewater treatment applications. The Rare Metals segment sources, produces, reclaims, refines, and markets high-temperature metals that include tantalum, niobium, hafnium, and rhenium; and electronic metals, such as gallium and indium for jet engines, medical imaging, wireless technologies, and LED lightings, as well as flat panel displays, solar, steel additives, batteries, and electronic applications. The company was founded in 1994 and is headquartered in Toronto, Canada.

NEO Stock Price History

NEO Stock News Headlines

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Company Calendar

Last Earnings
Next Earnings (Estimated)

Industry, Sector and Symbol

Specialty Chemicals
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
3 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
C$571.55 million
Cash Flow
C$1.62 per share
Book Value
C$10.28 per share


Free Float
Market Cap
C$248.53 million
Not Optionable
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Key Executives

  • Mr. Rahim Suleman
    CEO, President & Director
  • Mr. Kevin D. Morris (Age 55)
    Executive VP & CSO
    Comp: $1.37M
  • Mr. Jeffrey R. Hogan
    Executive Vice President of Chemicals & Oxides
  • Mr. Gregory K. Kroll
    Executive Vice President of Magnequench
  • Mr. Jonathan Baksh
    Executive VP & CFO
  • Ali Mahdavi
    Capital Markets & IR Executive
  • Mr. Mohamad El- Mahmoud
    Executive Vice President of Rare Metals
  • Mr. Alexander D. Caldwell
    Corporate Secretary

NEO Stock Analysis - Frequently Asked Questions

Should I buy or sell Neo Performance Materials stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Neo Performance Materials in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NEO shares.
View NEO analyst ratings
or view top-rated stocks.

What is Neo Performance Materials' stock price target for 2024?

3 brokerages have issued twelve-month price targets for Neo Performance Materials' shares. Their NEO share price targets range from C$7.50 to C$11.00. On average, they anticipate the company's stock price to reach C$9.83 in the next twelve months. This suggests a possible upside of 64.7% from the stock's current price.
View analysts price targets for NEO
or view top-rated stocks among Wall Street analysts.

How have NEO shares performed in 2024?

Neo Performance Materials' stock was trading at C$7.63 at the beginning of 2024. Since then, NEO stock has decreased by 21.8% and is now trading at C$5.97.
View the best growth stocks for 2024 here

When is Neo Performance Materials' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our NEO earnings forecast

How were Neo Performance Materials' earnings last quarter?

Neo Performance Materials Inc. (TSE:NEO) announced its quarterly earnings data on Friday, March, 15th. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.15 by $0.12. The business earned $175.19 million during the quarter, compared to analyst estimates of $187.67 million. Neo Performance Materials had a negative net margin of 1.48% and a negative trailing twelve-month return on equity of 1.84%.

How often does Neo Performance Materials pay dividends? What is the dividend yield for Neo Performance Materials?

Neo Performance Materials declared a quarterly dividend on Friday, December 15th. Stockholders of record on Thursday, December 28th will be paid a dividend of 0.10 per share on Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date is Friday, December 15th.
Read our dividend analysis for NEO

Is Neo Performance Materials a good dividend stock?

Neo Performance Materials (TSE:NEO) pays an annual dividend of C$0.40 per share and currently has a dividend yield of 6.49%. NEO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for NEO.

How do I buy shares of Neo Performance Materials?

Shares of NEO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:NEO) was last updated on 4/23/2024 by MarketBeat.com Staff

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