5N Plus Inc. (VNP.TO) – What Are Investment Firms Thinking About This Stock?

Shares of 5N Plus Inc. (TSE:VNP) have been assigned an average rating of “Buy” from the nine ratings firms that are presently covering the company, Marketbeat reports. Seven investment analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is C$45.28.

A number of equities research analysts have weighed in on VNP shares. Desjardins lowered their price objective on 5N Plus from C$50.00 to C$45.00 and set a “buy” rating on the stock in a report on Wednesday, August 5th. Royal Bank Of Canada set a C$41.00 target price on 5N Plus and gave the stock a “moderate buy” rating in a research note on Tuesday, July 21st. National Bank Financial reduced their target price on 5N Plus from C$50.00 to C$45.00 and set an “outperform” rating for the company in a report on Wednesday, August 5th. Ventum Financial set a C$44.00 price objective on shares of 5N Plus and gave the company a “buy” rating in a research note on Monday, July 27th. Finally, Scotiabank set a C$48.00 price objective on shares of 5N Plus and gave the company a “sector outperform” rating in a research note on Monday, June 22nd.

5N Plus Stock Performance

Shares of VNP stock traded down C$1.35 during mid-day trading on Friday, hitting C$27.18. The stock had a trading volume of 734,323 shares, compared to its average volume of 618,110. The firm has a market cap of C$2.44 billion, a PE ratio of 39.39, a PEG ratio of 6,283.33 and a beta of 0.59. The company’s 50-day simple moving average is C$28.27 and its 200-day simple moving average is C$34.19. The company has a debt-to-equity ratio of 45.47, a current ratio of 2.28 and a quick ratio of 1.51. 5N Plus has a fifty-two week low of C$17.01 and a fifty-two week high of C$49.97.

5N Plus (TSE:VNP) last issued its quarterly earnings results on Monday, August 3rd. The company reported C$0.31 earnings per share (EPS) for the quarter. The business had revenue of C$173.84 million for the quarter. 5N Plus had a net margin of 14.08% and a return on equity of 29.60%. Sell-side analysts anticipate that 5N Plus will post 0.37 earnings per share for the current year.

About 5N Plus

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. The Company’s products enable various applications in several key industries, including renewable energy, security, space, pharmaceutical, medical imaging and industrial.