FY2025 EPS Estimates for Premium Brands Cut by Raymond James

Premium Brands Holdings Co. (TSE:PBH - Free Report) - Raymond James cut their FY2025 EPS estimates for Premium Brands in a research report issued on Wednesday, June 4th. Raymond James analyst M. Glen now anticipates that the company will earn $5.03 per share for the year, down from their previous estimate of $5.09. The consensus estimate for Premium Brands' current full-year earnings is $6.04 per share.

Several other research firms have also issued reports on PBH. Cibc World Mkts raised shares of Premium Brands from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 7th. National Bankshares boosted their target price on shares of Premium Brands from C$96.00 to C$97.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. BMO Capital Markets lifted their price target on Premium Brands from C$94.00 to C$100.00 and gave the company an "outperform" rating in a research report on Monday, March 24th. Ventum Financial increased their price objective on Premium Brands from C$109.00 to C$120.00 and gave the stock a "buy" rating in a report on Monday, March 24th. Finally, Scotiabank lifted their target price on Premium Brands from C$88.00 to C$91.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of C$101.90.

Premium Brands Stock Performance

Shares of TSE PBH traded up C$0.12 during trading on Monday, reaching C$80.28. 44,403 shares of the stock traded hands, compared to its average volume of 98,743. The stock has a market capitalization of C$3.58 billion, a P/E ratio of 35.74, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98. Premium Brands has a 52-week low of C$72.57 and a 52-week high of C$97.10. The company has a debt-to-equity ratio of 163.00, a current ratio of 1.51 and a quick ratio of 1.16. The company has a 50-day moving average of C$78.97 and a 200-day moving average of C$78.74.

Insider Transactions at Premium Brands

In other news, Senior Officer William Dion Kalutycz sold 8,000 shares of the stock in a transaction that occurred 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. Company insiders own 2.01% of the company's stock.

About Premium Brands

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.