Neo Performance Materials (TSE:NEO) Reaches New 1-Year High – Here’s Why

Posted by Geri Gentry on Jul 9th, 2026

Neo Performance Materials Inc. (TSE:NEO – Get Free Report) shares hit a new 52-week high during trading on Tuesday . The company traded as high as C$38.08 and last traded at C$37.85, with a volume of 305911 shares trading hands. The stock had previously closed at C$36.11.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NEO shares. Stifel Nicolaus lifted their target price on shares of Neo Performance Materials from C$26.00 to C$38.00 in a research note on Wednesday, May 13th. ATB Cormark Capital Markets increased their price target on Neo Performance Materials from C$37.50 to C$43.00 and gave the stock an “outperform” rating in a research report on Tuesday, June 30th. Finally, BMO Capital Markets raised their price target on Neo Performance Materials from C$30.00 to C$38.00 in a report on Thursday, May 14th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of C$39.67.

View Our Latest Stock Analysis on Neo Performance Materials

Neo Performance Materials Trading Up 7.2%

The company has a current ratio of 1.76, a quick ratio of 1.92 and a debt-to-equity ratio of 41.75. The stock has a market cap of C$1.87 billion, a P/E ratio of -169.25 and a beta of 1.44. The business’s fifty day simple moving average is C$32.72 and its 200 day simple moving average is C$25.35.

Neo Performance Materials (TSE:NEO – Get Free Report) last announced its earnings results on Tuesday, May 12th. The company reported C$0.47 earnings per share for the quarter. Neo Performance Materials had a negative net margin of 2.03% and a negative return on equity of 2.63%. The company had revenue of C$215.44 million during the quarter. As a group, analysts expect that Neo Performance Materials Inc. will post 0.6753356 EPS for the current year.

Neo Performance Materials Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Monday, June 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, June 19th. Neo Performance Materials’s payout ratio is -120.72%.

Neo Performance Materials Company Profile

(Get Free Report)

Neo manufactures the building blocks of many modern technologies that enhance efficiency and sustainability. Neo’s advanced industrial materials – magnetic powders, rare earth magnets, magnetic assemblies, specialty chemicals, metals, and alloys – are critical to the performance of many everyday products and emerging technologies. Neo’s products fast-forward technologies for the net-zero transition. The business of Neo is organized along three segments: Magnequench, Chemicals & Oxides and Rare Metals.