
Neo Performance Materials Inc. (TSE:NEO – Free Report) – Stock analysts at Stifel Canada decreased their FY2026 earnings estimates for Neo Performance Materials in a research report issued to clients and investors on Sunday, November 16th. Stifel Canada analyst I. Gillies now anticipates that the company will earn $0.97 per share for the year, down from their prior estimate of $1.01. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.
Neo Performance Materials (TSE:NEO – Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported C$0.20 earnings per share (EPS) for the quarter. Neo Performance Materials had a negative return on equity of 0.53% and a negative net margin of 0.48%.The firm had revenue of C$122.21 million for the quarter.
Get Our Latest Stock Analysis on Neo Performance Materials
Neo Performance Materials Price Performance
Shares of TSE:NEO opened at C$16.53 on Wednesday. The firm has a market capitalization of C$687.63 million, a PE ratio of -66.12 and a beta of 0.91. The company has a current ratio of 2.59, a quick ratio of 1.92 and a debt-to-equity ratio of 10.65. Neo Performance Materials has a 1-year low of C$7.18 and a 1-year high of C$23.60. The business’s 50 day moving average is C$19.02 and its 200-day moving average is C$15.86.
Insider Buying and Selling at Neo Performance Materials
In related news, insider Wyloo Consolidated Investments Pty Ltd. sold 8,275,311 shares of the stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of C$20.00, for a total transaction of C$165,506,220.00. Insiders own 22.38% of the company’s stock.
Neo Performance Materials Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Friday, September 26th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $0.40 annualized dividend and a dividend yield of 2.4%. Neo Performance Materials’s dividend payout ratio is presently -114.66%.
Neo Performance Materials Company Profile
Neo Performance Materials Inc is engaged in the innovation, development, processing, and manufacturing of rare earth and rare metal-based functional materials. Its operating segments include Magnequench, Chemicals & Oxides, Rare Metals, and Corporate. The Magnequench segment produces magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron magnets.
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