Brokers Set Expectations for Superior Plus FY2025 Earnings

Key Points

• Raymond James Financial estimates that Superior Plus will achieve $0.76 earnings per share in FY2025, with subsequent estimates of $0.70 EPS for FY2026 and $0.97 EPS for FY2027.
• Multiple analysts have revised their price targets for Superior Plus, with Desjardins lowering it from C$10.50 to C$9.75 and BMO Capital Markets reducing it from C$10.00 to C$8.00.
• Superior Plus announced a quarterly dividend of $0.045 per share, reflecting an annualized yield of 2.6% despite a high dividend payout ratio of 264.73%.

Superior Plus Corp. (TSE:SPB - Free Report) - Raymond James Financial issued their FY2025 earnings estimates for Superior Plus in a report issued on Wednesday, August 13th. Raymond James Financial analyst L. Konschuh forecasts that the company will post earnings of $0.76 per share for the year. Raymond James Financial currently has a "Moderate Buy" rating on the stock. Raymond James Financial also issued estimates for Superior Plus' FY2026 earnings at $0.70 EPS and FY2027 earnings at $0.97 EPS.

Other analysts have also recently issued reports about the stock. BMO Capital Markets lowered their target price on shares of Superior Plus from C$10.00 to C$8.00 and set an "outperform" rating for the company in a research note on Wednesday, August 13th. TD Securities dropped their price objective on shares of Superior Plus from C$8.50 to C$8.00 and set a "hold" rating for the company in a report on Wednesday, August 13th. Finally, Desjardins decreased their target price on shares of 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. One investment 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of C$9.16.

Superior Plus Price Performance

Superior Plus stock traded up C$0.02 during mid-day trading on Monday, reaching C$7.29. 199,296 shares of the company's stock traded hands, compared to its average volume of 842,700. The company has a market cap of C$1.23 billion, a price-to-earnings ratio of 26.80 and a beta of 0.76. The stock has a 50 day moving average of C$7.54 and a two-hundred day moving average of C$7.07. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. Superior Plus has a 12-month low of C$5.15 and a 12-month high of C$8.34.

Superior Plus Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th will be given a dividend of $0.045 per share. This represents a $0.18 dividend on an annualized basis and a yield of 2.5%. Superior Plus's 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.