5N Plus (TSE:VNP – Free Report) had its target price lifted by Desjardins from C$45.00 to C$46.00 in a research note released on Wednesday morning,BayStreet reports. They currently have a buy rating on the stock.
Several other research analysts have also weighed in on the company. Ventum Capital lifted their price objective on 5N Plus from C$44.00 to C$45.00 and gave the stock a “buy” rating in a research report on Wednesday. Scotia lowered their target price on 5N Plus from C$48.00 to C$35.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. National Bank Financial dropped their price target on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. Ventum Financial set a C$44.00 price target on 5N Plus and gave the stock a “buy” rating in a report on Monday, July 27th. Finally, Royal Bank Of Canada set a C$41.00 price objective on shares of 5N Plus and gave the company a “moderate buy” rating in a research note on Tuesday, July 21st. Two investment analysts have rated the stock with a Strong Buy rating and eight have given a Buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of C$45.75.
Read Our Latest Research Report on 5N Plus
5N Plus Trading Up 9.4%
Shares of VNP traded up C$2.88 during trading hours on Wednesday, hitting C$33.53. 1,353,773 shares of the stock were exchanged, compared to its average volume of 630,937. 5N Plus has a fifty-two week low of C$17.20 and a fifty-two week high of C$49.97. The company has a debt-to-equity ratio of 42.90, a current ratio of 2.29 and a quick ratio of 1.51. The business has a 50-day moving average of C$28.33 and a 200-day moving average of C$32.15. The firm has a market capitalization of C$3.02 billion, a P/E ratio of 53.22, a price-to-earnings-growth ratio of 6,283.33 and a beta of 0.30.
5N Plus (TSE:VNP – Get Free Report) last announced its earnings results on Monday, November 2nd. The company reported C$0.28 earnings per share for the quarter. The business had revenue of C$194.16 million during the quarter. 5N Plus had a net margin of 11.93% and a return on equity of 25.26%. On average, research analysts expect that 5N Plus will post 0.37 EPS for the current year.
5N Plus Company Profile
5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra-pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.
Further Reading
- Five stocks we like better than 5N Plus
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
- MarketBeat Week in Review – 11/2 – 11/6
Receive News & Ratings for 5N Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 5N Plus and related companies with MarketBeat.com's FREE daily email newsletter.
