FY2025 EPS Estimates for Premium Brands Reduced by Analyst

Key Points

• Raymond James Financial lowered its FY2025 earnings per share estimate for Premium Brands from $5.03 to $4.97, while maintaining an "Outperform" rating with a price target of $115.00.
• Several other firms have increased their price targets for Premium Brands, with CIBC raising theirs to C$108.00, Scotiabank to C$100.00, and Canaccord Genuity to C$118.00.
• The company's stock currently has a consensus rating of "Buy" and a consensus price target of C$111.18, with two strong buy ratings and seven buy ratings from analysts.

Premium Brands Holdings Co. (TSE:PBH - Free Report) - Stock analysts at Raymond James Financial decreased their FY2025 EPS estimates for shares of Premium Brands in a research report issued to clients and investors on Wednesday, August 6th. Raymond James Financial analyst M. Glen now expects that the company will post earnings of $4.97 per share for the year, down from their previous forecast of $5.03. Raymond James Financial has a "Outperform" rating and a $115.00 price objective on the stock. The consensus estimate for Premium Brands' current full-year earnings is $6.04 per share. Raymond James Financial also issued estimates for Premium Brands' Q4 2025 earnings at $1.53 EPS and FY2026 earnings at $6.62 EPS.

A number of other equities research analysts have also weighed in on the company. Scotiabank lifted 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. BMO Capital Markets lifted their price objective on Premium Brands from C$94.00 to C$109.00 and gave the company an "outperform" rating in a report on Thursday, August 7th. National Bankshares upped their price objective on shares of Premium Brands from C$99.00 to C$101.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 7th. CIBC raised their target price on shares of Premium Brands from C$98.00 to C$108.00 and gave the company an "outperform" rating in a research report on Thursday, August 7th. Finally, TD Securities upped their price target on shares of Premium Brands from C$120.00 to C$140.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of C$111.18.

Premium Brands Trading Up 0.2%

Shares of TSE PBH traded up C$0.15 during trading hours on Friday, reaching C$93.65. The stock had a trading volume of 52,541 shares, compared to its average volume of 97,817. Premium Brands has a 52-week low of C$72.57 and a 52-week high of C$97.10. The firm has a market cap of C$4.17 billion, a price-to-earnings ratio of 41.69, a P/E/G ratio of 1.10 and a beta of 0.98. The business's fifty day moving average price is C$84.24 and its two-hundred day moving average price is C$80.32. The company has a current ratio of 1.51, a quick ratio of 1.16 and a debt-to-equity ratio of 163.00.

Insiders Place Their Bets

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