FY2025 EPS Estimates for TSE:NEO Decreased by Stifel Canada

Neo Performance Materials Inc. (TSE:NEO) – Stifel Canada dropped their FY2025 EPS estimates for Neo Performance Materials in a report released on Wednesday, April 16th. Stifel Canada analyst I. Gillies now anticipates that the company will post earnings per share of $0.82 for the year, down from their prior forecast of $0.84. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Separately, Stifel Nicolaus boosted their price objective on Neo Performance Materials from C$15.00 to C$16.50 and gave the stock a “buy” rating in a report on Wednesday, March 19th.

Neo Performance Materials Stock Down 0.9 %

TSE NEO opened at C$10.00 on Friday. The company has a debt-to-equity ratio of 10.65, a quick ratio of 1.92 and a current ratio of 2.59. Neo Performance Materials has a 52 week low of C$5.67 and a 52 week high of C$10.88. The stock has a market capitalization of C$292.67 million, a P/E ratio of -131.33 and a beta of 1.38. The stock has a fifty day moving average of C$8.51 and a 200-day moving average of C$8.26.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.