NexGen Energy FY2027 EPS Forecast Boosted by Ventum Cap Mkts

NexGen Energy Ltd. (TSE:NXE) – Research analysts at Ventum Cap Mkts increased their FY2027 earnings estimates for shares of NexGen Energy in a note issued to investors on Wednesday, March 12th. Ventum Cap Mkts analyst A. Terentiew now expects that the company will earn ($0.08) per share for the year, up from their prior estimate of ($0.19). The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share. Ventum Cap Mkts also issued estimates for NexGen Energy’s FY2028 earnings at ($0.18) EPS.

A number of other research analysts have also recently weighed in on the stock. Cormark boosted their target price on shares of NexGen Energy from C$13.00 to C$13.50 in a research note on Wednesday, November 20th. TD Securities dropped their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Stifel Canada upgraded shares of NexGen Energy to a “strong-buy” rating in a research note on Tuesday, March 11th. Scotiabank dropped their price target on shares of NexGen Energy from C$14.50 to C$12.00 and set an “outperform” rating on the stock in a research note on Thursday, March 6th. Finally, Royal Bank of Canada upped their price target on shares of NexGen Energy from C$10.00 to C$15.00 in a research note on Thursday, November 21st. Six investment analysts have rated the stock with a buy rating and four have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$13.28.

NexGen Energy Stock Performance

Shares of NXE stock opened at C$6.90 on Monday. NexGen Energy has a 52-week low of C$6.44 and a 52-week high of C$12.51. The company has a debt-to-equity ratio of 35.49, a quick ratio of 8.20 and a current ratio of 1.16. The company has a 50-day simple moving average of C$8.65 and a two-hundred day simple moving average of C$9.44. The company has a market capitalization of C$3.90 billion, a price-to-earnings ratio of 26.42 and a beta of 1.76.

Insider Buying and Selling

In other news, Director Leigh Robert Curyer bought 1,500,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The shares were acquired at an average price of C$10.05 per share, with a total value of C$15,075,000.00. 7.96% of the stock is currently owned by insiders.

About NexGen Energy

NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company’s projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.