Q2 2024 EPS Estimates for 5N Plus Inc. Cut by Analyst (TSE:VNP)

5N Plus Inc. (TSE:VNP) – Analysts at Raymond James cut their Q2 2024 EPS estimates for 5N Plus in a note issued to investors on Tuesday, May 7th. Raymond James analyst M. Glen now anticipates that the company will earn $0.05 per share for the quarter, down from their prior estimate of $0.07. The consensus estimate for 5N Plus’ current full-year earnings is $0.28 per share. Raymond James also issued estimates for 5N Plus’ Q3 2024 earnings at $0.07 EPS, Q4 2024 earnings at $0.08 EPS, FY2024 earnings at $0.25 EPS and FY2025 earnings at $0.36 EPS.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Tuesday, February 27th. The company reported C$0.04 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.06 by C($0.02). The business had revenue of C$88.59 million during the quarter, compared to the consensus estimate of C$84.15 million. 5N Plus had a return on equity of 12.76% and a net margin of 6.35%.

VNP has been the topic of several other research reports. National Bankshares boosted their price target on shares of 5N Plus from C$0.60 to C$0.65 and gave the company an “outperform” rating in a research report on Tuesday. Cormark raised their price objective on 5N Plus from C$5.75 to C$6.50 in a research report on Wednesday.

5N Plus Stock Down 1.4 %

Shares of 5N Plus stock opened at C$5.08 on Thursday. The company has a current ratio of 2.22, a quick ratio of 1.51 and a debt-to-equity ratio of 107.81. 5N Plus has a 12-month low of C$2.86 and a 12-month high of C$5.25. The company has a market cap of C$451.05 million, a P/E ratio of 22.09, a PEG ratio of 6,283.33 and a beta of 1.64. The company’s fifty day simple moving average is C$4.73 and its two-hundred day simple moving average is C$4.02.

Insider Buying and Selling at 5N Plus

In related news, Director Jean-Marie Bourassa purchased 60,100 shares of 5N Plus stock in a transaction dated Friday, March 1st. The stock was purchased at an average cost of C$4.52 per share, for a total transaction of C$271,561.85. Over the last 90 days, insiders purchased 69,100 shares of company stock worth $312,032. 4.79% of the stock is owned by insiders.

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.