5N Plus (TSE:VNP) Stock Price Expected to Rise, National Bankshares Analyst Says

5N Plus (TSE:VNP) had its price target lifted by analysts at National Bankshares from C$8.00 to C$8.50 in a report released on Tuesday, BayStreet.CA reports. National Bankshares’ price target would suggest a potential upside of 25.18% from the stock’s current price.

A number of other equities analysts have also commented on the stock. Desjardins lifted their price target on shares of 5N Plus from C$7.25 to C$8.50 and gave the company a “buy” rating in a research report on Tuesday, September 10th. Raymond James lifted their target price on shares of 5N Plus from C$7.50 to C$8.50 in a report on Friday, September 6th.

5N Plus Trading Down 5.0 %

5N Plus stock opened at C$6.79 on Tuesday. 5N Plus has a one year low of C$3.05 and a one year high of C$7.61. The company’s fifty day moving average price is C$6.93 and its two-hundred day moving average price is C$6.14. The company has a market capitalization of C$603.77 million, a price-to-earnings ratio of 44.69, a PEG ratio of 6,283.33 and a beta of 1.55. The company has a debt-to-equity ratio of 110.23, a current ratio of 3.47 and a quick ratio of 1.51.

5N Plus (TSE:VNP) last issued its quarterly earnings data on Monday, August 5th. The company reported C$0.08 EPS for the quarter, beating analysts’ consensus estimates of C$0.06 by C$0.02. 5N Plus had a return on equity of 8.56% and a net margin of 4.15%. The business had revenue of C$102.04 million for the quarter, compared to analyst estimates of C$91.45 million. On average, analysts forecast that 5N Plus will post 0.3739703 earnings per share for the current fiscal year.

Insider Activity

In related news, Senior Officer Richard Perron bought 75,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were acquired at an average price of C$6.95 per share, with a total value of C$521,250.00. 4.91% of the stock is owned by company insiders.

About 5N Plus

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