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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

The experts are attracted to the prospects of Neo Performance Materials Inc., especially due to the high demand expected for energy transition materials. They believe the company has been aggressive with dividends in the past and can sustain this long-term. However, it's worth noting that none of the experts own shares in the company.

Consensus
Positive
Valuation
Fair Value
TOP PICK

Deep value, with potential to triple or quadruple in a few years. Global leader in manufacture of magnets used in micro motors. Highly engineered materials. Well positioned for the EV market. Rare earth prices have come down, and so has the stock to well below tangible book value. Yield is 5.77%.

Very profitable, strong free cashflow, no debt, buys back shares aggressively. Trades at 4x EBITDA. Would not be surprised by an eventual takeover.

(Analysts’ price target is $10.26)

Mining
HOLD

Attracted to prospects of company.
Dividend aggressive in the past, but believes can sustain long term.
Energy transition materials will be in high demand. 
Does not own shares in the company. 

Mining
BUY

He bought, sold and recently bought back shares. ONe of the few companies in the world that can process rare earths into valuable materials for catalytic converters and magnetic motors for EVs. So, there's huge growth ahead. Announced a new plant in Europe to supply Euro car makers. Stock is cheap, albeit with some volatility. It's a way of playing EVs with less risk.

Mining
TOP PICK
It is a global leader in the processing of rare earth materials to make highly engineered industrial materials and magnets used in micro-motors, etc. Also a global leader in supplying the automotive industry and EV market. It is building a new plant in Europe where there are good opportunities. It is very profitable, generates cash and has no debt. At 4X EBITA it is much better today than before and pays a dividend of about 4%. A strategic buyer in Australia, Hastings Technology, just bought 20% of NEO at $15 per share. Also insiders have been buying recently. It is a takeover candidate. Buy 6, Hold 0, Sell 0 (Analysts’ price target is $18.50)
Mining
HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The valuation is attractive at 11x earnings, compared to other mining names. It is a market leader in Canada for rare earth metals. There is an anticipated revenue decline, which is related to commodity prices moderating to lower levels. The company’s revenues are a function of volume and realised price of the metals sold. Unlock Premium - Try 5i Free

Mining
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Cannacord reduced their price target for the company today, which could be the reason for recent weakness. The company is cash rich on the balance sheet. Currently trading at 8x earnings. Oversold and could buy today. Unlock Premium - Try 5i Free

Mining
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Neo Performance Materials Inc. (NEO-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Neo Performance Materials Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Neo Performance Materials Inc. (NEO-T) Frequently Asked Questions

What is Neo Performance Materials Inc. stock symbol?

Neo Performance Materials Inc. is a Canadian stock, trading under the symbol NEO-T on the Toronto Stock Exchange (NEO-CT). It is usually referred to as TSX:NEO or NEO-T

Is Neo Performance Materials Inc. a buy or a sell?

In the last year, there was no coverage of Neo Performance Materials Inc. published on Stockchase.

Is Neo Performance Materials Inc. a good investment or a top pick?

Neo Performance Materials Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Neo Performance Materials Inc. .

Why is Neo Performance Materials Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Neo Performance Materials Inc. worth watching?

0 stock analysts on Stockchase covered Neo Performance Materials Inc. In the last year. It is a trending stock that is worth watching.

What is Neo Performance Materials Inc. stock price?

On 2024-07-23, Neo Performance Materials Inc. (NEO-T) stock closed at a price of $8.25.