Cormark Expects Lower Earnings for Neo Performance Materials

Neo Performance Materials Inc. (OTCMKTS:NOPMF) – Analysts at Cormark reduced their FY2025 earnings per share estimates for Neo Performance Materials in a report released on Monday, November 17th. Cormark analyst N. Boychuk now expects that the company will earn $0.16 per share for the year, down from their prior forecast of $0.23. Cormark also issued estimates for Neo Performance Materials’ FY2026 earnings at $0.57 EPS and FY2027 earnings at $0.75 EPS.

Separately, Zacks Research raised shares of Neo Performance Materials to a “hold” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Neo Performance Materials Price Performance

Shares of NOPMF opened at $11.81 on Wednesday. The business has a 50-day moving average of $13.64 and a 200-day moving average of $11.47. The company has a market capitalization of $491.30 million and a price-to-earnings ratio of 36.07. Neo Performance Materials has a 1 year low of $4.97 and a 1 year high of $17.35.

Neo Performance Materials (OTCMKTS:NOPMF) last released its quarterly earnings results on Friday, November 14th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.04. The company had revenue of $122.21 million during the quarter, compared to the consensus estimate of $109.50 million.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.