Premium Brands FY2025 EPS Estimate Reduced by Raymond James

Premium Brands Holdings Co. (TSE:PBH - Free Report) - Raymond James reduced their FY2025 EPS estimates for Premium Brands in a research report issued to clients and investors 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 analysts also recently weighed in on the stock. Cibc World Mkts raised shares of Premium Brands from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 7th. Canaccord Genuity Group upgraded shares of Premium Brands to a "strong-buy" rating in a report on Tuesday, May 27th. CIBC reduced their price objective on shares of Premium Brands from C$98.00 to C$95.00 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. National Bankshares increased their price target on Premium Brands from C$96.00 to C$97.00 and gave the stock a "sector perform" rating in a research note on Thursday, May 8th. Finally, Ventum Financial lifted their price target on Premium Brands from C$109.00 to C$120.00 and gave the company a "buy" rating in a report on Monday, March 24th. Three analysts have rated the stock with a hold rating, five have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Premium Brands currently has an average rating of "Moderate Buy" and an average target price of C$101.90.

Premium Brands Price Performance

TSE:PBH traded down C$0.10 during mid-day trading on Monday, hitting C$80.56. 37,117 shares of the company's stock traded hands, compared to its average volume of 97,596. The company has a debt-to-equity ratio of 163.00, a quick ratio of 1.16 and a current ratio of 1.51. Premium Brands has a 1 year low of C$72.57 and a 1 year high of C$97.10. The company has a market cap of C$3.59 billion, a PE ratio of 35.86, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98. The firm's 50 day simple moving average is C$79.12 and its 200 day simple moving average is C$78.77.

Insider Activity

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

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.