Neo Performance Materials (TSE:NEO) Given New C$53.50 Price Target at ATB Cormark Capital Markets

Posted by on Jul 11th, 2026

Neo Performance Materials (TSE:NEO – Free Report) had its target price boosted by ATB Cormark Capital Markets from C$43.00 to C$53.50 in a research note issued to investors on Friday morning,BayStreet.CA reports. ATB Cormark Capital Markets currently has an outperform rating on the stock.

A number of other research analysts also recently issued reports on the company. Stifel Nicolaus raised their price target on Neo Performance Materials from C$26.00 to C$38.00 in a research note on Wednesday, May 13th. BMO Capital Markets increased their price objective 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 MarketBeat.com, Neo Performance Materials presently has an average rating of “Buy” and a consensus price target of C$43.17.

Get Our Latest Stock Report on Neo Performance Materials

Neo Performance Materials Stock Performance

NEO traded up C$1.67 on Friday, reaching C$41.81. The company had a trading volume of 552,551 shares, compared to its average volume of 287,625. Neo Performance Materials has a 1 year low of C$15.23 and a 1 year high of C$43.03. The stock has a market capitalization of C$1.92 billion, a PE ratio of -174.21 and a beta of 1.44. The company has a quick ratio of 1.92, a current ratio of 1.76 and a debt-to-equity ratio of 41.75. The stock has a 50-day moving average price of C$33.35 and a 200-day moving average price of C$25.64.

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

Neo Performance Materials Announces Dividend

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

About Neo Performance Materials

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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.

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