FY2026 Earnings Estimate for TSE:NEO Issued By Sidoti Csr

Neo Performance Materials Inc. (TSE:NEO) – Research analysts at Sidoti Csr cut their FY2026 earnings per share estimates for Neo Performance Materials in a research report issued to clients and investors on Tuesday, November 18th. Sidoti Csr analyst D. Harriman now expects that the company will earn $0.84 per share for the year, down from their prior forecast of $1.05. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Other research analysts have also recently issued research reports about the stock. Stifel Nicolaus lifted their price target on shares of Neo Performance Materials from C$22.00 to C$25.00 and gave the stock a “buy” rating in a research note on Tuesday, October 7th. Cormark upgraded Neo Performance Materials to a “moderate buy” rating in a research report on Wednesday, September 10th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Neo Performance Materials currently has an average rating of “Buy” and an average price target of C$25.00.

Neo Performance Materials Trading Down 5.3%

NEO opened at C$15.99 on Friday. The company has a debt-to-equity ratio of 10.65, a current ratio of 2.59 and a quick ratio of 1.92. Neo Performance Materials has a one year low of C$7.18 and a one year high of C$23.60. The firm has a market capitalization of C$665.17 million, a price-to-earnings ratio of -99.94 and a beta of 0.91. The business has a 50 day simple moving average of C$19.00 and a two-hundred day simple moving average of C$15.87.

Neo Performance Materials (TSE:NEO) last posted its quarterly earnings data on Friday, November 14th. The company reported C$0.20 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 business had revenue of C$122.21 million for the quarter.

Neo Performance Materials Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Friday, September 26th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, September 16th. Neo Performance Materials’s payout ratio is -177.80%.

Insiders Place Their Bets

In related news, insider Wyloo Consolidated Investments Pty Ltd. sold 8,275,311 shares of the company’s 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.

About Neo Performance Materials

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.