NexGen Energy Ltd. (NYSE:NXE – Free Report) – Stock analysts at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for shares of NexGen Energy in a note issued to investors on Wednesday, March 12th. Stifel Canada analyst R. Profiti forecasts that the company will post earnings per share of ($0.03) for the quarter. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for NexGen Energy’s current full-year earnings is ($0.05) per share. Stifel Canada also issued estimates for NexGen Energy’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at ($0.03) EPS and Q4 2025 earnings at ($0.03) EPS.
Several other analysts have also weighed in on the stock. Stifel Nicolaus initiated coverage on shares of NexGen Energy in a research note on Wednesday, March 12th. They set a “buy” rating for the company. Scotiabank reaffirmed an “outperform” rating on shares of NexGen Energy in a report on Thursday, March 6th. Two equities research analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, NexGen Energy currently has an average rating of “Strong Buy”.
NexGen Energy Trading Up 2.7 %
NXE stock opened at $4.82 on Monday. The stock’s 50 day simple moving average is $6.07 and its 200 day simple moving average is $6.77. NexGen Energy has a 12-month low of $4.44 and a 12-month high of $8.96. The firm has a market cap of $2.74 billion, a P/E ratio of 32.10 and a beta of 1.97.
Institutional Trading of NexGen Energy
Several hedge funds have recently made changes to their positions in the stock. PKO Investment Management Joint Stock Co bought a new stake in NexGen Energy in the fourth quarter valued at $574,000. Mackenzie Financial Corp increased its holdings in shares of NexGen Energy by 15.5% in the 4th quarter. Mackenzie Financial Corp now owns 230,524 shares of the company’s stock worth $1,519,000 after acquiring an additional 31,002 shares during the period. Public Employees Retirement System of Ohio lifted its position in NexGen Energy by 3.2% in the 4th quarter. Public Employees Retirement System of Ohio now owns 134,655 shares of the company’s stock valued at $888,000 after purchasing an additional 4,176 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in NexGen Energy by 38.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 623,857 shares of the company’s stock valued at $4,117,000 after purchasing an additional 172,499 shares during the last quarter. Finally, Tidal Investments LLC boosted its stake in NexGen Energy by 100.3% during the 4th quarter. Tidal Investments LLC now owns 62,617 shares of the company’s stock valued at $413,000 after purchasing an additional 31,362 shares during the period. Institutional investors own 42.43% of the company’s stock.
NexGen Energy Company Profile
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. It holds a 100% interest in the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan.
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