Cormark Issues Negative Estimate for Premium Brands Earnings

Key Points

• Cormark has lowered its Q3 2025 earnings estimate for Premium Brands to $1.48 per share from a prior forecast of $1.76, indicating a pessimistic outlook for the company's earnings.
• Several brokerages have adjusted their price targets for Premium Brands, with TD Securities raising it to C$140.00 and Royal Bank of Canada increasing theirs to C$108.00, reflecting a general investor interest despite the lowered earnings forecast.
• Insider trading activity includes Senior Officer William Dion Kalutycz selling 8,000 shares at an average price of C$81.57, suggesting a potential shift in insider confidence regarding the company’s stock.

Premium Brands Holdings Co. (TSE:PBH - Free Report) - Research analysts at Cormark cut their Q3 2025 earnings per share estimates for Premium Brands in a research note issued on Thursday, August 7th. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $1.48 for the quarter, down from their previous estimate of $1.76. The consensus estimate for Premium Brands' current full-year earnings is $6.04 per share. Cormark also issued estimates for Premium Brands' Q4 2025 earnings at $1.58 EPS, Q2 2026 earnings at $2.15 EPS, Q4 2026 earnings at $1.86 EPS, FY2026 earnings at $7.22 EPS and FY2027 earnings at $8.68 EPS.

PBH has been the topic of several other research reports. Scotiabank raised their target price on Premium Brands from C$91.00 to C$100.00 and gave the company a "sector perform" rating in a research report on Thursday, August 7th. Raymond James Financial raised their target price on Premium Brands from C$100.00 to C$115.00 and gave the stock an "outperform" rating in a research note on Thursday, August 7th. Canaccord Genuity Group lifted their price objective on Premium Brands from C$100.00 to C$118.00 in a research note on Thursday, August 7th. CIBC boosted their target price on Premium Brands from C$98.00 to C$108.00 and gave the stock an "outperform" rating in a research note on Thursday, August 7th. Finally, Royal Bank Of Canada raised Premium Brands from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from C$100.00 to C$108.00 in a research note on Thursday, August 7th. Two equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of C$111.18.

Premium Brands Price Performance

Shares of TSE PBH traded up C$0.53 during midday trading on Monday, hitting C$94.19. The stock had a trading volume of 36,674 shares, compared to its average volume of 97,948. The company has a market capitalization of C$4.20 billion, a PE ratio of 41.93, a P/E/G ratio of 1.10 and a beta of 0.98. The stock has a 50 day simple moving average of C$84.47 and a 200-day simple moving average of C$80.41. Premium Brands has a 1 year low of C$72.57 and a 1 year high of C$97.10. The company has a quick ratio of 1.16, a current ratio of 1.51 and a debt-to-equity ratio of 163.00.

Insider Transactions at Premium Brands

In other news, Senior Officer William Dion Kalutycz sold 8,000 shares of the business's stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of C$81.57, for a total value of C$652,575.20. 2.01% of the stock is owned by company insiders.

Premium Brands Company Profile

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.