Analysts Offer Predictions for Superior Plus FY2025 Earnings

Key Points

• National Bank Financial has raised its FY2025 EPS estimate for Superior Plus Corp. from $0.46 to $0.66, indicating an optimistic outlook for the company.
• Several research firms have adjusted their price targets on Superior Plus, with TD Securities and BMO Capital Markets lowering theirs to C$8.00.
• Superior Plus declared a quarterly dividend of $0.045, set to be paid on October 15th, representing an annualized dividend yield of 2.6%.

Superior Plus Corp. (TSE:SPB - Free Report) - Equities researchers at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for Superior Plus in a research note issued on Wednesday, August 13th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings of $0.66 per share for the year, up from their prior estimate of $0.46.

A number of other equities research analysts have also commented on the company. BMO Capital Markets reduced their price target on Superior Plus from C$10.00 to C$8.00 and set an "outperform" rating on the stock in a research report on Wednesday, August 13th. Desjardins reduced their price target on Superior Plus from C$10.50 to C$9.75 and set a "buy" rating on the stock in a research report on Wednesday, August 13th. TD Securities reduced their price target on Superior Plus from C$8.50 to C$8.00 and set a "hold" rating on the stock in a research report on Wednesday, August 13th. Finally, Raymond James Financial cut their target price on Superior Plus from C$10.50 to C$10.00 and set an "outperform" rating on the stock in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of C$9.16.

Superior Plus Price Performance

Shares of SPB traded up C$0.02 during midday trading on Monday, hitting C$7.29. The company's stock had a trading volume of 199,296 shares, compared to its average volume of 842,700. The stock has a market capitalization of C$1.23 billion, a price-to-earnings ratio of 26.80 and a beta of 0.76. Superior Plus has a one year low of C$5.15 and a one year high of C$8.34. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. The company's fifty day simple moving average is C$7.54 and its two-hundred day simple moving average is C$7.07.

Superior Plus Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Monday, September 29th will be issued a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.5%. Superior Plus's dividend payout ratio is presently 264.73%.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.