5N Plus (TSE:VNP) Announces Quarterly Earnings Results
by Scott Moore · The Cerbat Gem5N Plus (TSE:VNP – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported C$0.28 EPS for the quarter, FiscalAI reports. 5N Plus had a net margin of 12.89% and a return on equity of 28.32%. The firm had revenue of C$163.91 million for the quarter.
5N Plus Stock Performance
5N Plus stock traded up C$0.85 during mid-day trading on Wednesday, reaching C$36.05. The company’s stock had a trading volume of 435,489 shares, compared to its average volume of 472,716. The firm has a market cap of C$3.24 billion, a price-to-earnings ratio of 64.38, a PEG ratio of 6,283.33 and a beta of 0.98. The business has a 50 day moving average price of C$31.84 and a 200-day moving average price of C$24.64. The company has a current ratio of 2.76, a quick ratio of 1.51 and a debt-to-equity ratio of 84.42. 5N Plus has a twelve month low of C$6.60 and a twelve month high of C$36.40.
Wall Street Analyst Weigh In
VNP has been the topic of several research reports. National Bank Financial raised their price target on shares of 5N Plus from C$33.00 to C$38.00 and gave the company an “outperform” rating in a report on Tuesday, April 21st. Desjardins lifted their price objective on shares of 5N Plus from C$24.50 to C$30.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Raymond James Financial lifted their price objective on shares of 5N Plus from C$35.00 to C$38.00 and gave the company an “outperform” rating in a research note on Wednesday, April 1st. Ventum Financial lifted their price objective on shares of 5N Plus from C$30.00 to C$35.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Finally, Canaccord Genuity Group lifted their price objective on shares of 5N Plus from C$31.00 to C$34.00 and gave the company a “buy” rating in a research note on Thursday, February 26th. Two investment analysts have rated the stock with a Strong Buy rating and five have given a Buy rating to the stock. Based on data from MarketBeat, 5N Plus has an average rating of “Buy” and a consensus price target of C$35.42.
Check Out Our Latest Stock Analysis on 5N Plus
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.