Neo Performance Materials (OTCMKTS:NOPMF – Get Free Report) is expected to announce its results before the market opens on Tuesday, November 10th. Analysts expect the company to post earnings of $0.42 per share and revenue of $175.44 million for the quarter.
Neo Performance Materials (OTCMKTS:NOPMF – Get Free Report) last issued its quarterly earnings results on Tuesday, August 11th. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.01. Neo Performance Materials had a return on equity of 11.52% and a net margin of 0.26%. The firm had revenue of $205.75 million for the quarter, compared to analysts’ expectations of $169.14 million. During the same quarter in the prior year, the firm earned $0.13 EPS. On average, analysts expect Neo Performance Materials to post $1.11 EPS for the current fiscal year and $1.41 EPS for the next fiscal year.
Neo Performance Materials Stock Performance
Shares of OTCMKTS NOPMF traded up $0.56 during trading on Tuesday, reaching $18.32. 3,332 shares of the stock traded hands, compared to its average volume of 41,309. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.06 and a quick ratio of 1.00. The stock has a market capitalization of $841.57 million and a P/E ratio of -1,831.90. Neo Performance Materials has a 52-week low of $11.10 and a 52-week high of $34.99. The company has a 50-day moving average of $21.03 and a 200-day moving average of $20.90.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Jefferies Financial Group upgraded Neo Performance Materials to a “strong-buy” rating in a research note on Friday, September 25th. BMO Capital Markets reiterated an “outperform” rating on shares of Neo Performance Materials in a research report on Monday, July 13th. Zacks Research downgraded shares of Neo Performance Materials from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 8th. Finally, B. Riley Financial started coverage on shares of Neo Performance Materials in a research report on Wednesday, September 2nd. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.
View Our Latest Research Report on NOPMF
About Neo Performance Materials
Neo Performance Materials Inc (OTCMKTS:NOPMF) is a Canada-based advanced materials company that produces specialty materials derived primarily from rare earth elements and other critical metals. Its products are used in applications including automotive systems, consumer electronics, industrial equipment, renewable energy technologies and other high-performance products.
The company operates through businesses focused on permanent-magnet materials, rare earth chemicals and oxides, and specialty metals and powders.
Further Reading
- Five stocks we like better than Neo Performance Materials
- Republic Services Has the Momentum, But Waste Management Has Another Advantage
- Alphabet’s Golden Dome Talks Could Open a New Market, But How Much Is at Stake?
- Tempus AI Surges on Earnings Beat, But Can the Rally Last?
- MicroVision Pivots: Mapping New Ground Beyond Auto
Receive News & Ratings for Neo Performance Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neo Performance Materials and related companies with MarketBeat.com's FREE daily email newsletter.
