Stifel Canada Increases Earnings Estimates for...

NexGen Energy Ltd. (TSE:NXE – Free Report) – Analysts at Stifel Canada increased their FY2027 EPS estimates for shares of NexGen Energy in a report issued on Tuesday, May 27th. Stifel Canada analyst R. Profiti now anticipates that the company will post earnings of ($0.33) per share for the year, up from their previous estimate of ($0.34). Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.07) per share.

Several other brokerages have also issued reports on NXE. National Bankshares lowered their price target on shares of NexGen Energy from C$13.50 to C$12.50 and set an “outperform” rating on the stock in a research note on Friday, March 7th. Scotiabank lowered their price target on shares of NexGen Energy from C$12.00 to C$11.50 and set an “outperform” rating on the stock in a research note on Tuesday, March 25th. Finally, TD Securities lowered their price target on shares of NexGen Energy from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research note on Thursday, March 6th. Six analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, NexGen Energy currently has a consensus rating of “Buy” and an average price target of C$13.22.

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NexGen Energy Stock Down 1.4%

Shares of NXE stock opened at C$8.43 on Friday. The company has a current ratio of 1.16, a quick ratio of 8.20 and a debt-to-equity ratio of 35.49. NexGen Energy has a 1 year low of C$5.59 and a 1 year high of C$12.51. The firm’s fifty day moving average price is C$7.15 and its two-hundred day moving average price is C$8.66. The firm has a market capitalization of C$4.77 billion, a P/E ratio of 32.28 and a beta of 1.76.

About NexGen Energy

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NexGen Energy Ltd is a mineral exploration company. It is engaged in the acquisition, exploration, evaluation and development of uranium properties in Canada. The company’s projects portfolio consists of ROOK I, Radio Property, and the IsoEnergy, at the Athabasca Basin. The Rook I property hosts the world-class Arrow Zone, the Bow discovery.

See Also

Earnings History and Estimates for NexGen Energy (TSE:NXE)



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