What is Scotiabank’s Forecast for 5N Plus FY2027 Earnings?

5N Plus Inc. (TSE:VNP) – Stock analysts at Scotiabank lowered their FY2027 earnings per share estimates for shares of 5N Plus in a research note issued to investors on Thursday, October 1st. Scotiabank analyst J. Goldman now forecasts that the company will post earnings per share of $0.75 for the year, down from their prior forecast of $0.78. Scotiabank has a “Sector Outperform” rating and a $48.00 price objective on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.37 per share.

Several other equities analysts have also recently commented on the stock. Raymond James Financial raised shares of 5N Plus from a “moderate buy” rating to a “strong-buy” rating and set a C$45.00 target price on the stock in a research report on Wednesday, August 5th. Canaccord Genuity Group set a C$48.00 price target on 5N Plus and gave the company a “buy” rating in a research report on Tuesday, July 14th. National Bank Financial dropped their price target on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. Desjardins cut their price objective on 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a research report on Wednesday, August 5th. Finally, Royal Bank Of Canada set a C$41.00 price objective on 5N Plus and gave the stock a “moderate buy” rating in a research report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$45.28.

5N Plus Trading Up 3.1%

Shares of 5N Plus stock opened at C$33.10 on Friday. 5N Plus has a 12-month low of C$17.01 and a 12-month high of C$49.97. The company has a quick ratio of 1.51, a current ratio of 2.28 and a debt-to-equity ratio of 45.47. The firm’s 50-day moving average price is C$28.49 and its two-hundred day moving average price is C$34.26. The company has a market capitalization of C$2.98 billion, a price-to-earnings ratio of 47.97, a PEG ratio of 6,283.33 and a beta of 0.75.

5N Plus (TSE:VNP) last announced its quarterly earnings data on Monday, August 3rd. The company reported C$0.31 earnings per share for the quarter. 5N Plus had a return on equity of 29.60% and a net margin of 14.08%.The firm had revenue of C$173.84 million during the quarter.

About 5N Plus

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra-pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.