Sidoti Has Optimistic Outlook of TSE:NEO Q3 Earnings

Neo Performance Materials Inc. (TSE:NEO) – Research analysts at Sidoti lifted their Q3 2026 earnings per share estimates for Neo Performance Materials in a report issued on Thursday, May 14th. Sidoti analyst D. Harriman now expects that the company will earn $0.30 per share for the quarter, up from their prior forecast of $0.26. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share. Sidoti also issued estimates for Neo Performance Materials’ Q4 2026 earnings at $0.30 EPS, Q1 2027 earnings at $0.34 EPS and Q2 2027 earnings at $0.38 EPS.

NEO has been the topic of several other reports. Stifel Nicolaus lifted their price target on shares of Neo Performance Materials from C$26.00 to C$38.00 in a research note on Wednesday. BMO Capital Markets upped their price objective on shares of Neo Performance Materials from C$30.00 to C$38.00 in a research note on Thursday. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of C$38.00.

Neo Performance Materials Stock Up 1.7%

Shares of TSE:NEO opened at C$32.64 on Friday. The firm has a 50 day simple moving average of C$24.60 and a 200-day simple moving average of C$20.72. Neo Performance Materials has a twelve month low of C$9.00 and a twelve month high of C$33.00. The company has a current ratio of 1.83, a quick ratio of 1.92 and a debt-to-equity ratio of 27.06. The company has a market capitalization of C$1.37 billion, a PE ratio of -136.00 and a beta of 1.46.

Neo Performance Materials (TSE:NEO) last announced its quarterly earnings results on Tuesday, May 12th. The company reported C$0.47 EPS for the quarter. Neo Performance Materials had a negative net margin of 2.13% and a negative return on equity of 2.55%. The company had revenue of C$215.44 million for the quarter.

Insiders Place Their Bets

In other news, insider Kevin Morris sold 20,000 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of C$22.99, for a total value of C$459,800.00. Following the completion of the sale, the insider directly owned 105,966 shares of the company’s stock, valued at approximately C$2,436,158.34. This represents a 15.88% decrease in their ownership of the stock. Corporate insiders own 22.38% of the company’s stock.

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.