FY2024 EPS Estimates for 5N Plus Inc. Lifted by Raymond James (TSE:VNP)

5N Plus Inc. (TSE:VNP) – Equities research analysts at Raymond James raised their FY2024 earnings estimates for shares of 5N Plus in a research report issued on Tuesday, August 6th. Raymond James analyst M. Glen now forecasts that the company will earn $0.28 per share for the year, up from their prior forecast of $0.25. Raymond James currently has a “Outperform” rating and a $7.50 price objective on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.25 per share. Raymond James also issued estimates for 5N Plus’ FY2025 earnings at $0.40 EPS.

Other research analysts have also recently issued research reports about the company. National Bankshares raised their price target on 5N Plus from C$0.60 to C$0.65 and gave the stock an “outperform” rating in a research report on Tuesday, May 7th. Cormark increased their price objective on shares of 5N Plus from C$5.50 to C$7.50 and gave the company a “buy” rating in a research note on Friday, June 7th. Finally, Desjardins boosted their target price on shares of 5N Plus from C$6.75 to C$7.25 and gave the stock a “buy” rating in a research note on Wednesday.

5N Plus Price Performance

Shares of VNP stock traded down C$0.18 during trading on Thursday, hitting C$5.91. The company had a trading volume of 57,231 shares, compared to its average volume of 111,569. The stock’s 50-day moving average price is C$5.93 and its 200 day moving average price is C$5.12. 5N Plus has a one year low of C$2.99 and a one year high of C$6.37. The company has a debt-to-equity ratio of 114.88, a quick ratio of 1.51 and a current ratio of 3.21. The firm has a market capitalization of C$524.75 million, a P/E ratio of 23.64, a price-to-earnings-growth ratio of 6,283.33 and a beta of 1.65.

Insider Transactions at 5N Plus

In related news, Senior Officer Richard Perron sold 4,200 shares of the firm’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total value of C$25,536.00. In other 5N Plus news, Senior Officer Richard Perron sold 4,200 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of C$6.08, for a total value of C$25,536.00. Also, Director Luc Bertrand purchased 5,000 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were acquired at an average price of C$6.01 per share, for a total transaction of C$30,045.00. Company insiders own 4.82% of the company’s stock.

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.