
Neo Performance Materials Inc. (OTCMKTS:NOPMF – Free Report) – Equities researchers at Cormark cut their FY2025 EPS estimates for shares of Neo Performance Materials in a research note issued to investors on Monday, November 17th. Cormark analyst N. Boychuk now forecasts that the company will post earnings of $0.16 per share for the year, down from their prior forecast of $0.23. Cormark also issued estimates for Neo Performance Materials’ FY2026 earnings at $0.57 EPS and FY2027 earnings at $0.75 EPS.
Separately, Zacks Research raised Neo Performance Materials to a “hold” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Neo Performance Materials currently has an average rating of “Hold”.
Neo Performance Materials Trading Down 0.8%
Shares of OTCMKTS NOPMF opened at $11.81 on Wednesday. The firm has a market capitalization of $491.30 million and a P/E ratio of 36.07. The firm’s 50-day moving average price is $13.64 and its 200-day moving average price is $11.47. Neo Performance Materials has a 1-year low of $4.97 and a 1-year high of $17.35.
Neo Performance Materials (OTCMKTS:NOPMF – Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $122.21 million during the quarter, compared to analyst estimates of $109.50 million.
About Neo Performance Materials
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.
Featured Articles
- Five stocks we like better than Neo Performance Materials
- Upcoming IPO Stock Lockup Period, Explained
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- What does consumer price index measure?
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- What Are Dividends? Buy the Best Dividend Stocks
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
Receive News & Ratings for Neo Performance Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Performance Materials and related companies with MarketBeat.com's FREE daily email newsletter.
