Atb Cap Markets Raises Earnings Estimates for Superior Plus

Key Points

• Atb Cap Markets has increased its FY2025 EPS estimate for Superior Plus Corp. to $0.52 from $0.50, reflecting positive expectations for the company's earnings performance.
• Several analysts have revised their target prices for Superior Plus shares, with notable reductions from TD Securities and BMO Capital Markets, leading to an average target price of C$9.63 and a current rating of "Moderate Buy."
• Superior Plus has declared a quarterly dividend of $0.045 per share, with a current annualized yield of 2.7% and a dividend payout ratio of 264.73%.

Superior Plus Corp. (TSE:SPB - Free Report) - Research analysts at Atb Cap Markets upped their FY2025 earnings per share (EPS) estimates for shares of Superior Plus in a research note issued on Wednesday, August 13th. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.52 per share for the year, up from their prior forecast of $0.50. Atb Cap Markets also issued estimates for Superior Plus' Q4 2025 earnings at $0.26 EPS.

SPB has been the topic of a number of other research reports. TD Securities dropped 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. Raymond James Financial dropped their price target 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. BMO Capital Markets dropped their price objective on Superior Plus from C$10.00 to C$8.00 and set an "outperform" rating on the stock in a report on Wednesday, August 13th. Finally, Desjardins dropped their price objective on Superior Plus from C$10.50 to C$9.75 and set a "buy" rating on the stock in a report on Wednesday, August 13th. Two investment analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Superior Plus presently has a consensus rating of "Moderate Buy" and an average price target of C$9.16.

Superior Plus Stock Performance

Shares of TSE SPB traded up C$0.17 during trading on Friday, reaching C$7.08. 798,095 shares of the stock traded hands, compared to its average volume of 847,773. Superior Plus has a 52-week low of C$5.15 and a 52-week high of C$8.34. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. The company has a 50-day moving average of C$7.57 and a 200-day moving average of C$7.07. The stock has a market capitalization of C$1.19 billion, a P/E ratio of 26.03 and a beta of 0.76.

Superior Plus Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Monday, September 29th will be issued a $0.045 dividend. This represents a $0.18 annualized dividend and a dividend yield of 2.5%. Superior Plus's payout ratio is currently 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.