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TSE:PBH

Premium Brands (PBH) Stock Price, News & Analysis

Premium Brands logo
C$86.94
-1.33 (-1.51%)
(As of 10/31/2024 ET)

About Premium Brands Stock (TSE:PBH)

Key Stats

Today's Range
C$86.23
C$87.75
50-Day Range
C$85.86
C$96.75
52-Week Range
C$84.66
C$97.28
Volume
109,343 shs
Average Volume
49,077 shs
Market Capitalization
C$3.86 billion
P/E Ratio
34.23
Dividend Yield
3.91%
Price Target
C$113.10
Consensus Rating
Moderate Buy

Company Overview

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides processed meat, deli products, meat snacks, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, entrees, panini, wraps, subs, hamburgers, burgers, salads and kettle products, muffins, breads, pastas, pizza, and baking and sushi products. It is also involved in the distribution of food products, including meat and seafood products; operation of retail/convenience store and concessionary; and provision of seafood processing services. The company operates under the brand names Harvest Meats, Hempler's, Piller's, Grimm's Fine Foods, Freybe, Isernio's, Expresco, SJ Fine Foods, McSweeney's, Made Rite, Direct Plus, Oberto, Belmont Meats, Conte Foods, SK Food Group, Hygaard, Quality Fast Foods, HQ Fine Foods, Creekside Custom Foods, Stuyver's, Bread Garden Express, and Duso's, as well as Gourmet Chef, Island City Baking, Skilcor, Leadbetter's, Concord Meats, Mclean Meats, Buddy's Kitchen, Raybern's, Leonetti's, Partner's Crackers, Shaw Crackers, Country Prime Meats, Lou's Kitchen, Yorkshire Valley Farms, Golden Valley Farms, Maid-Rite, King's Command Foods, etc. The company was founded in 1917 and is based in Richmond, Canada.

Premium Brands Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

PBH MarketRank™: 

Premium Brands scored higher than 54% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Premium Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Premium Brands has only been the subject of 3 research reports in the past 90 days.

  • Read more about Premium Brands' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Premium Brands is 34.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Premium Brands is 34.11, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 204.67.

  • Price to Earnings Growth Ratio

    Premium Brands has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Premium Brands has a P/B Ratio of 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Premium Brands' valuation and earnings.
  • Short Interest

    There is no current short interest data available for PBH.
  • Dividend Leadership

    Premium Brands is a leading dividend payer. It pays a dividend yield of 3.56%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Premium Brands does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Premium Brands is 133.86%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Premium Brands' dividend.
  • Short Interest

    There is no current short interest data available for PBH.
  • News Sentiment

    Premium Brands has a news sentiment score of -0.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.25 average news sentiment score of Consumer Defensive companies.
  • News Coverage This Week

    MarketBeat has tracked 16 news articles for Premium Brands this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Premium Brands insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$604,100.00 in company stock.

  • Percentage Held by Insiders

    Only 2.01% of the stock of Premium Brands is held by insiders.

  • Percentage Held by Institutions

    42.88% of the stock of Premium Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Premium Brands' insider trading history.
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PBH Stock News Headlines

Q3 EPS Estimates for Premium Brands Decreased by Analyst
The secret supplier behind NVIDIA, Tesla and Microsoft
The Biggest AI firms in the world...Tesla... Microsoft... NVIDIA... Are all relying on a little-known supplier, which provides a crucial building block for AI.
FY2024 EPS Estimate for Premium Brands Lowered by Analyst
See More Headlines

PBH Stock Analysis - Frequently Asked Questions

Premium Brands' stock was trading at C$94.03 at the start of the year. Since then, PBH stock has decreased by 7.9% and is now trading at C$86.64.
View the best growth stocks for 2024 here
.

Premium Brands Holdings Co. (TSE:PBH) released its earnings results on Thursday, August, 8th. The company reported $1.28 EPS for the quarter, missing analysts' consensus estimates of $1.32 by $0.04. The firm earned $1.70 billion during the quarter, compared to the consensus estimate of $1.70 billion. Premium Brands had a net margin of 1.78% and a trailing twelve-month return on equity of 6.43%.

Shares of PBH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Premium Brands investors own include Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), Suncor Energy (SU), Enbridge (ENB), BCE (BCE) and Bank of Montreal (BMO).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 10/15 Dividend
9/30/2024
Dividend Payable
10/15/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/06/2024

Industry, Sector and Symbol

Industry
Packaged Foods
Sub-Industry
Pharmaceutical Products
CIK
N/A
Fax
N/A
Employees
540
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$113.10
High Stock Price Target
C$130.00
Low Stock Price Target
C$100.00
Potential Upside/Downside
+30.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
C$113.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.36 billion
Cash Flow
C$0.89 per share
Book Value
C$39.42 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.86 billion
Optionable
Not Optionable
Beta
0.98
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This page (TSE:PBH) was last updated on 10/31/2024 by MarketBeat.com Staff
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