Brokers Offer Predictions for NanoXplore Inc.’s Q4 2023 Earnings (TSE:GRA)

NanoXplore Inc. (TSE:GRAGet Rating) – Investment analysts at B. Riley issued their Q4 2023 earnings per share (EPS) estimates for shares of NanoXplore in a research note issued on Wednesday, June 21st. B. Riley analyst M. Key anticipates that the company will post earnings of ($0.01) per share for the quarter. B. Riley currently has a “Buy” rating on the stock. The consensus estimate for NanoXplore’s current full-year earnings is $0.02 per share.

NanoXplore (TSE:GRAGet Rating) last issued its quarterly earnings data on Wednesday, May 10th. The company reported C($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of C($0.01). The firm had revenue of C$31.58 million during the quarter, compared to analysts’ expectations of C$30.13 million. NanoXplore had a negative net margin of 11.36% and a negative return on equity of 11.31%.

Separately, Raymond James decreased their target price on NanoXplore from C$5.50 to C$4.50 and set an “outperform” rating for the company in a research note on Tuesday, May 16th.

NanoXplore Price Performance

GRA opened at C$3.15 on Monday. The stock has a market cap of C$533.45 million, a P/E ratio of -35.00 and a beta of 1.12. NanoXplore has a 12 month low of C$2.05 and a 12 month high of C$4.17. The company has a quick ratio of 2.01, a current ratio of 2.56 and a debt-to-equity ratio of 21.73. The company has a fifty day simple moving average of C$3.61 and a 200 day simple moving average of C$3.89.

About NanoXplore

(Get Rating)

NanoXplore Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company offers graphene-based solutions, including GrapheneBlack powder and graphene-enhanced masterbatch pellets. It also provides standard and custom graphene-enhanced plastic and composite products to customers in transportation, packaging, electronics, and other industrial sectors.

Featured Stories

Earnings History and Estimates for NanoXplore (TSE:GRA)

Receive News & Ratings for NanoXplore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NanoXplore and related companies with MarketBeat.com's FREE daily email newsletter.