Sidoti Analysts Boost Earnings Estimates for TSE:NEO

Neo Performance Materials Inc. (TSE:NEO) – Research analysts at Sidoti raised their Q4 2027 earnings per share (EPS) estimates for shares of Neo Performance Materials in a note issued to investors on Tuesday, July 14th. Sidoti analyst D. Harriman now anticipates that the company will earn $0.54 per share for the quarter, up from their previous forecast of $0.41. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Neo Performance Materials (TSE:NEO) last posted its quarterly 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 for the quarter.

A number of other equities analysts also recently commented on the stock. Stifel Nicolaus lifted their target price on shares of Neo Performance Materials from C$26.00 to C$38.00 in a research note on Wednesday, May 13th. BMO Capital Markets increased their price target on shares of Neo Performance Materials from C$43.00 to C$60.00 in a research note on Monday. Finally, ATB Cormark Capital Markets raised their price target on shares of Neo Performance Materials from C$43.00 to C$53.50 and gave the stock an “outperform” rating in a report on Friday, July 10th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of C$50.50.

Neo Performance Materials Trading Down 6.9%

Shares of NEO opened at C$39.07 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 1.92 and a debt-to-equity ratio of 41.75. Neo Performance Materials has a 12-month low of C$15.23 and a 12-month high of C$44.96. The firm has a 50-day moving average price of C$34.45 and a 200 day moving average price of C$26.44. The firm has a market capitalization of C$1.80 billion, a P/E ratio of -162.79 and a beta of 1.44.

Neo Performance Materials Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Monday, June 29th were issued a dividend of $0.10 per share. The ex-dividend date 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 is currently -120.72%.

Key Headlines Impacting Neo Performance Materials

Here are the key news stories impacting Neo Performance Materials this week:

• Positive Sentiment: Sidoti significantly raised earnings estimates for Neo Performance Materials across multiple periods, including FY2026 to $2.27 EPS from $1.48 and FY2027 to $2.13 EPS from $1.52, suggesting improved profit expectations. Neo Performance Materials estimate revisions article
• Positive Sentiment: The firm also lifted near-term quarterly EPS forecasts for Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, and Q3 2027, which points to stronger expected operating performance over the next several quarters. Neo Performance Materials analyst outlook article
• Neutral Sentiment: The latest updates are analyst forecast changes only; there was no new earnings release or corporate announcement in the articles, so the stock’s move may be driven more by sentiment and valuation than fresh company news. Neo Performance Materials research note article

About Neo Performance Materials

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.