Franco-Nevada Q4 EPS Cut by National Bank Financial

Franco-Nevada Co. (TSE:FNV) (NYSE:FNV) – Stock analysts at National Bank Financial cut their Q4 2024 EPS estimates for shares of Franco-Nevada in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will earn $1.27 per share for the quarter, down from their prior estimate of $1.34. The consensus estimate for Franco-Nevada’s current full-year earnings is $3.11 per share.

Several other research firms have also weighed in on FNV. Stifel Nicolaus lifted their price objective on Franco-Nevada from C$200.00 to C$215.00 in a research report on Monday, October 21st. CIBC lifted their target price on Franco-Nevada from C$235.00 to C$245.00 in a report on Monday, December 2nd. UBS Group raised Franco-Nevada to a “strong-buy” rating in a research note on Monday, November 18th. Finally, Canaccord Genuity Group reduced their price objective on shares of Franco-Nevada from C$198.00 to C$190.00 and set a “strong-buy” rating for the company in a research report on Monday, November 18th. Two research analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$190.80.

Franco-Nevada Price Performance

Shares of TSE FNV opened at C$204.03 on Wednesday. The company has a quick ratio of 23.26, a current ratio of 29.11 and a debt-to-equity ratio of 1.63. The company has a market capitalization of C$39.26 billion, a PE ratio of -48.69, a P/E/G ratio of 5.00 and a beta of 0.68. The firm has a fifty day simple moving average of C$180.11 and a 200 day simple moving average of C$174.33. Franco-Nevada has a twelve month low of C$140.67 and a twelve month high of C$206.32.

About Franco-Nevada

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.