Raymond James Weighs in on 5N Plus Inc.’s FY2023 Earnings (TSE:VNP)

5N Plus Inc. (TSE:VNP) – Analysts at Raymond James lowered their FY2023 earnings estimates for 5N Plus in a research report issued to clients and investors on Wednesday, November 8th. Raymond James analyst M. Glen now expects that the company will post earnings per share of $0.26 for the year, down from their prior forecast of $0.29. Raymond James has a “Strong-Buy” rating and a $5.00 price target on the stock. The consensus estimate for 5N Plus’ current full-year earnings is $0.30 per share.

Separately, National Bankshares boosted their target price on shares of 5N Plus from C$4.25 to C$4.75 and gave the stock an “outperform” rating in a research note on Wednesday, August 2nd.

5N Plus Stock Performance

TSE VNP opened at C$3.30 on Monday. The firm’s fifty day moving average price is C$3.38 and its two-hundred day moving average price is C$3.39. The stock has a market cap of C$292.71 million, a PE ratio of 41.25, a PEG ratio of 6,283.33 and a beta of 1.50. 5N Plus has a fifty-two week low of C$2.37 and a fifty-two week high of C$3.98. The company has a debt-to-equity ratio of 109.37, a quick ratio of 1.51 and a current ratio of 2.34.

About 5N Plus

5N Plus Inc produces and sells specialty metals and chemicals in North America, Europe, and Asia. It operates through Specialty Semiconductors and Performance Material segments. The company offers semiconductor compounds, semiconductor wafers, metals, epitaxial semiconductor substrates, and solar cells.