NexGen Energy Ltd. (NYSE:NXE – Free Report) – Investment analysts at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for NexGen Energy in a report released on Wednesday, March 12th. Stifel Canada analyst R. Profiti anticipates that the company will post earnings per share of ($0.03) for the quarter. Stifel Canada currently 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.
Other equities analysts have also issued reports about the company. Stifel Nicolaus initiated coverage on NexGen Energy in a report on Wednesday, March 12th. They issued a “buy” rating for the company. Scotiabank reiterated an “outperform” rating on shares of NexGen Energy in a research report on Thursday, March 6th. Two investment 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 has a consensus rating of “Strong Buy”.
NexGen Energy Price Performance
NexGen Energy stock opened at $4.82 on Monday. NexGen Energy has a one year low of $4.44 and a one year high of $8.96. The business has a fifty day moving average price of $6.03 and a 200-day moving average price of $6.76. The firm has a market capitalization of $2.74 billion, a P/E ratio of 32.10 and a beta of 1.97.
Institutional Investors Weigh In On NexGen Energy
A number of institutional investors and hedge funds have recently made changes to their positions in NXE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in NexGen Energy by 1.5% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 35,018,623 shares of the company’s stock valued at $230,828,000 after purchasing an additional 501,952 shares in the last quarter. Vanguard Group Inc. raised its position in NexGen Energy by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 20,436,513 shares of the company’s stock valued at $134,779,000 after purchasing an additional 298,106 shares in the last quarter. Segra Capital Management LLC raised its position in NexGen Energy by 19.8% during the third quarter. Segra Capital Management LLC now owns 11,671,758 shares of the company’s stock valued at $76,217,000 after purchasing an additional 1,931,200 shares in the last quarter. Nuveen Asset Management LLC raised its position in NexGen Energy by 1.0% during the fourth quarter. Nuveen Asset Management LLC now owns 8,747,305 shares of the company’s stock valued at $57,659,000 after purchasing an additional 82,413 shares in the last quarter. Finally, Van ECK Associates Corp raised its position in NexGen Energy by 79.7% during the fourth quarter. Van ECK Associates Corp now owns 8,481,026 shares of the company’s stock valued at $55,971,000 after purchasing an additional 3,762,756 shares in the last quarter. Hedge funds and other institutional investors own 42.43% of the company’s stock.
About NexGen Energy
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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