FY2023 EPS Estimates for 5N Plus Inc. Reduced by National Bank Financial (TSE:VNP)

5N Plus Inc. (TSE:VNPGet Rating) – National Bank Financial reduced their FY2023 earnings per share estimates for shares of 5N Plus in a report released on Sunday, November 20th. National Bank Financial analyst R. Merer now anticipates that the company will earn $0.25 per share for the year, down from their previous estimate of $0.27. National Bank Financial currently has a “Outperform Spec Market Weight” rating on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.20 per share.

Several other equities analysts have also recently issued reports on VNP. Cormark raised their price objective on 5N Plus from C$2.00 to C$2.50 and gave the stock an “outperform” rating in a research note on Thursday, August 4th. National Bankshares raised their price objective on 5N Plus from C$3.25 to C$3.75 and gave the stock an “outperform” rating in a research note on Monday. Raymond James raised their price objective on 5N Plus from C$3.00 to C$4.00 and gave the stock an “outperform” rating in a research note on Thursday, November 3rd. Finally, Desjardins upgraded 5N Plus from a “hold” rating to a “buy” rating in a research note on Friday, October 28th. Four research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$3.42.

5N Plus Stock Performance

Shares of VNP opened at C$3.11 on Wednesday. The business’s fifty day moving average price is C$2.06 and its 200 day moving average price is C$1.71. 5N Plus has a 12-month low of C$1.03 and a 12-month high of C$3.22. The stock has a market capitalization of C$274.71 million and a PE ratio of -54.56. The company has a debt-to-equity ratio of 128.06, a current ratio of 3.36 and a quick ratio of 1.51.

Insider Buying and Selling at 5N Plus

In related news, Director Luc Bertrand bought 60,700 shares of the business’s stock in a transaction on Wednesday, November 9th. The shares were bought at an average cost of C$2.50 per share, for a total transaction of C$151,628.60. Following the completion of the purchase, the director now owns 2,153,000 shares of the company’s stock, valued at approximately C$5,378,194.

5N Plus Company Profile

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5N Plus Inc produces and sells semiconductors in North America, Europe, and Asia. It operates through Specialty Semiconductors and Performance Material segments. The company offers low melting point alloys, semiconductor compounds and wafers, as well as various chemicals, and metals. It is also involved in manufacture of metallic powders for micro-electronic and manufacturing applications.

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Earnings History and Estimates for 5N Plus (TSE:VNP)

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