Superior Plus FY2025 EPS Reduced by Raymond James Financial

Key Points

• Superior Plus Corp. has had its FY2025 earnings per share (EPS) estimate reduced from $0.76 to $0.73 by Raymond James Financial, indicating a less optimistic outlook for the company's financial performance.
• Analysts at BMO and Desjardins have also cut their target prices for Superior Plus, with BMO lowering it from C$10.00 to C$8.00, and Desjardins revising it from C$10.50 to C$9.75.
• Superior Plus recently declared a quarterly dividend of $0.045 per share, which translates to an annualized dividend yield of 2.2%, while the company's payout ratio is currently at 109.01%.

Superior Plus Corp. (TSE:SPB - Free Report) - Equities researchers at Raymond James Financial cut their FY2025 earnings per share (EPS) estimates for shares of Superior Plus in a report issued on Monday, October 6th. Raymond James Financial analyst L. Konschuh now anticipates that the company will post earnings of $0.73 per share for the year, down from their previous forecast of $0.76. Raymond James Financial has a "Moderate Buy" rating on the stock. Raymond James Financial also issued estimates for Superior Plus' FY2026 earnings at $0.66 EPS and FY2027 earnings at $0.90 EPS.

Other equities research analysts have also issued research 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 on the stock in a report on Wednesday, August 13th. Desjardins reduced their target price 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. Finally, TD Securities reduced their price target on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$9.16.

Superior Plus Stock Performance

SPB opened at C$8.01 on Tuesday. The stock has a market cap of C$1.79 billion, a PE ratio of 38.14 and a beta of 0.21. The company has a current ratio of 0.67, a quick ratio of 0.46 and a debt-to-equity ratio of 193.35. The stock's 50 day simple moving average is C$7.37 and its 200-day simple moving average is C$7.37. Superior Plus has a 1 year low of C$5.15 and a 1 year 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. Stockholders of record on Wednesday, October 15th will be given a $0.045 dividend. This represents a $0.18 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, September 29th. Superior Plus's payout ratio is currently 109.01%.

Superior Plus Company Profile

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.

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