Sidoti Issues Positive Forecast for TSE:NEO Earnings

Neo Performance Materials Inc. (TSE:NEO) – Analysts at Sidoti boosted their Q3 2026 earnings per share (EPS) estimates for shares of Neo Performance Materials in a research note issued to investors on Thursday, May 14th. Sidoti analyst D. Harriman now expects that the company will post earnings per share of $0.30 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 Performance Materials (TSE:NEO) last issued its quarterly earnings results on Tuesday, May 12th. The company reported C$0.47 earnings per share (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.

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

Neo Performance Materials Stock Performance

Shares of NEO stock opened at C$32.64 on Friday. The firm has a 50 day moving average of C$24.60 and a two-hundred day moving average of C$20.72. The stock has a market capitalization of C$1.37 billion, a PE ratio of -136.00 and a beta of 1.46. The company has a quick ratio of 1.92, a current ratio of 1.83 and a debt-to-equity ratio of 27.06. Neo Performance Materials has a 52 week low of C$9.00 and a 52 week high of C$33.00.

Insider Buying and Selling at Neo Performance Materials

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