5N Plus Inc. (TSE:VNP) Receives Average Rating of “Strong Buy” from Analysts

Shares of 5N Plus Inc. (TSE:VNP) have earned an average recommendation of “Strong Buy” from the six ratings firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a buy recommendation and three have given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is C$22.88.

A number of equities research analysts have commented on the company. Cormark raised 5N Plus from a “moderate buy” rating to a “strong-buy” rating in a research note on Thursday, September 25th. Raymond James Financial boosted their price target on shares of 5N Plus from C$24.00 to C$26.00 in a research note on Wednesday, November 5th. Desjardins upped their price objective on shares of 5N Plus from C$17.50 to C$23.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Ventum Financial lifted their price objective on shares of 5N Plus from C$19.00 to C$21.50 in a report on Wednesday, October 29th. Finally, National Bankshares boosted their target price on shares of 5N Plus from C$17.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 7th.

5N Plus Trading Down 1.7%

TSE:VNP opened at C$19.32 on Wednesday. The firm has a fifty day simple moving average of C$19.04 and a two-hundred day simple moving average of C$14.51. 5N Plus has a 12 month low of C$4.90 and a 12 month high of C$22.50. The stock has a market capitalization of C$1.72 billion, a price-to-earnings ratio of 39.43, a PEG ratio of 6,283.33 and a beta of 0.97. The company has a current ratio of 3.49, a quick ratio of 1.51 and a debt-to-equity ratio of 104.29.

5N Plus (TSE:VNP) last issued its earnings results on Monday, November 3rd. The company reported C$0.20 EPS for the quarter. 5N Plus had a return on equity of 11.86% and a net margin of 5.63%.The business had revenue of C$146.06 million during the quarter. Analysts expect that 5N Plus will post 0.3739703 EPS for the current fiscal year.

5N Plus Company Profile

5N+ is a leading global producer of specialty semiconductors and performance materials. The Company’s ultra pure materials often form the core element of its customers’ products. These customers rely on 5N+’s products to enable performance and sustainability in their own products. 5N+ deploys a range of proprietary and proven technologies to develop and manufacture its products.