Sidoti Has Positive Estimate for TSE:NEO Q2 Earnings

Neo Performance Materials Inc. (TSE:NEO) – Analysts at Sidoti raised their Q2 2026 earnings estimates for shares of Neo Performance Materials in a report issued on Tuesday, July 14th. Sidoti analyst D. Harriman now expects that the company will post earnings per share of $0.65 for the quarter, up from their previous estimate of $0.41. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share. Sidoti also issued estimates for Neo Performance Materials’ Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.27 EPS, Q1 2027 earnings at $0.53 EPS, Q2 2027 earnings at $0.51 EPS, Q3 2027 earnings at $0.55 EPS and FY2027 earnings at $2.13 EPS.

NEO has been the subject of several other research reports. Stifel Nicolaus raised their target price on Neo Performance Materials from C$26.00 to C$38.00 in a research report on Wednesday, May 13th. BMO Capital Markets upped their price target on Neo Performance Materials from C$43.00 to C$60.00 in a research report on Monday, July 13th. Finally, ATB Cormark Capital Markets raised their price objective on Neo Performance Materials from C$43.00 to C$53.50 and gave the stock an “outperform” rating in a research report on Friday, July 10th. Four research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$50.50.

Neo Performance Materials Trading Up 1.5%

TSE NEO opened at C$39.66 on Thursday. The firm’s 50 day moving average price is C$34.67 and its two-hundred day moving average price is C$26.53. The company has a debt-to-equity ratio of 41.75, a quick ratio of 1.92 and a current ratio of 1.76. Neo Performance Materials has a twelve month low of C$15.23 and a twelve month high of C$44.96. The stock has a market cap of C$1.82 billion, a price-to-earnings ratio of -165.25 and a beta of 1.44.

Neo Performance Materials (TSE:NEO) last announced its earnings results on Tuesday, May 12th. The company reported C$0.47 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 business had revenue of C$215.44 million during the quarter.

Neo Performance Materials Dividend Announcement

The company also recently declared 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 of this dividend was Friday, June 19th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. Neo Performance Materials’s dividend payout ratio (DPR) is -120.72%.

Neo Performance Materials Company Profile

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.