Should I buy or sell Premium Brands stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Premium Brands in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PBH shares. View PBH analyst ratings or view top-rated stocks .

What is Premium Brands' stock price target for 2024?

9 Wall Street research analysts have issued 12-month price objectives for Premium Brands' stock. Their PBH share price targets range from C$103.00 to C$135.00. On average, they predict the company's share price to reach C$115.80 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price. View analysts price targets for PBH or view top-rated stocks among Wall Street analysts .

How have PBH shares performed in 2023?

Premium Brands' stock was trading at C$82.28 at the start of the year. Since then, PBH shares have increased by 12.7% and is now trading at C$92.73. View the best growth stocks for 2023 here .

When is Premium Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024. View our PBH earnings forecast .

How were Premium Brands' earnings last quarter?

Premium Brands Holdings Co. (TSE:PBH) announced its quarterly earnings data on Tuesday, November, 14th. The company reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.42 by $0.15. The company had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.72 billion. Premium Brands had a trailing twelve-month return on equity of 6.10% and a net margin of 1.74%.

How often does Premium Brands pay dividends? What is the dividend yield for Premium Brands?

Premium Brands declared a quarterly dividend on Thursday, November 16th. Shareholders of record on Friday, December 29th will be paid a dividend of 0.77 per share on Monday, January 15th. This represents a $3.08 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend is Thursday, December 28th. Read our dividend analysis for PBH .

Is Premium Brands a good dividend stock?

Premium Brands (TSE:PBH) pays an annual dividend of C$3.08 per share and currently has a dividend yield of 3.46%. The dividend payout ratio is 125.20%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for PBH .

What other stocks do shareholders of Premium Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Premium Brands investors own include Royal Bank of Canada (RY) , Enbridge (ENB) , Air Canada (AC) , Toronto-Dominion Bank (TD) , Bank of Nova Scotia (BNS) , Dollarama (DOL) , Suncor Energy (SU) , Salesforce (CRM) , Manulife Financial (MFC) and National Bank of Canada (NA) .

How do I buy shares of Premium Brands?

Shares of PBH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Premium Brands Stock Price, News & Analysis (TSE:PBH)

C$92.73

+1.73 (+1.90%)

(As of 12/8/2023 ET)

Compare

Today's Range: C$91.06
▼
C$92.76
50-Day Range: C$88.31
▼
C$95.73
52-Week Range: C$80.42
▼
C$113.60

Volume: 74,690 shs
Average Volume: 44,771 shs
Market Capitalization: C$4.14 billion

P/E Ratio: 37.70
Dividend Yield: 3.32%
Price Target: C$115.80

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Premium Brands MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 24.9% Upside
C$115.80 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.32
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.07 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Premium Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 6 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$115.80, Premium Brands has a forecasted upside of 24.9% from its current price of C$92.73.
Amount of Analyst Coverage
Premium Brands has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for PBH.

0.8

Dividend Strength

Dividend Yield
Premium Brands pays a meaningful dividend of 3.46%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Premium Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Premium Brands is 125.20%. Payout ratios above 75% are not desirable because they may not be sustainable.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PBH.

2.4

News and Social Media Coverage

News Sentiment
Premium Brands has a news sentiment score of 0.32. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Premium Brands this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for PBH on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
1 people have added Premium Brands to their MarketBeat watchlist in the last 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Premium Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.87% of the stock of Premium Brands is held by insiders.
Percentage Held by Institutions
47.40% of the stock of Premium Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Premium Brands is 37.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Premium Brands is 37.70, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 254.39.
Price to Earnings Growth Ratio
Premium Brands has a PEG Ratio of 1.10. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Premium Brands has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Premium Brands Stock (TSE:PBH)

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, and baking and sushi products. It is also involved in the distribution of food products, including meat and seafood products; operation of retail/convenience store and concessionary; and provision of food and seafood processing, and cold storage and logistics services. The company operates under the brand names Harvest Meats, Hempler's, Piller's, Grimm's Fine Foods, Freybe, Isernio's, Expresco, SJ Fine Foods, McSweeney's, Made Rite, Direct Plus, Oberto, Deli Chef, Belmont Meats, Conte Foods, SK Food Group, Oven Pride, Hygaard, Quality Fast Foods, HQ Fine Foods, Creekside Custom Foods, Stuyver's, Bread Garden Express, Audrey's Patisserie, and Duso's, as well as Gourmet Chef, Island City Baking, Skilcor, Leadbetter's, Concord Meats, Mclean Meats, Buddy's Kitchen, Raybern's, Partner's Crackers, Shaw Crackers, Country Prime Meats, Lou's Kitchen, Yorkshire Valley Farms, Golden Valley Farms, Maid-Rite, etc. The company was founded in 1917 and is based in Richmond, Canada.

PBH Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PBH Stock News Headlines

December 8, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Holdings 4.65 Pct Debs flat on Monday (PBH-DB-G)

December 8, 2023 | americanbankingnews.com

Premium Brands (TSE:PBH) Given a C$111.00 Price Target at Pi Financial

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December 6, 2023 | msn.com

The Best Canadian Food Stocks in December 2023

December 5, 2023 | americanbankingnews.com

Premium Brands (TSE:PBH) Stock Passes Below 200-Day Moving Average of $99.81

November 30, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Hldngs Corp 5.40 Pct Debs up on Thursday (PBH-DB-I)

November 16, 2023 | finance.yahoo.com

Premium Brands Holdings Corporation (TSE:PBH) Shares Could Be 44% Below Their Intrinsic Value Estimate

November 15, 2023 | markets.businessinsider.com

Scotiabank Reaffirms Their Buy Rating on Premium Brands (PBH)

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November 15, 2023 | msn.com

TSX extends winning streak to fifth day as U.S. rate worries abate

November 14, 2023 | msn.com

Premium Brands Holdings Corporation declares CAD 0.77 dividend

November 14, 2023 | finance.yahoo.com

PREMIUM BRANDS HOLDINGS CORPORATION REPORTS RECORD THIRD QUARTER SALES AND ADJUSTED EBITDA, ACQUISITION OF MENU-MER AND DECLARES FOURTH QUARTER DIVIDEND

November 1, 2023 | finance.yahoo.com

PREMIUM BRANDS HOLDINGS CORPORATION TO RELEASE THIRD QUARTER 2023 RESULTS

October 28, 2023 | seekingalpha.com

PBH:CA Premium Brands Holdings Corporation

October 13, 2023 | techrepublic.com

TechRepublic Premium

September 23, 2023 | finance.yahoo.com

Why It Might Not Make Sense To Buy Premium Brands Holdings Corporation (TSE:PBH) For Its Upcoming Dividend

September 22, 2023 | theglobeandmail.com

Why this money manager is buying more shares of Premium Brands and trimming Starbucks

September 20, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Holdings 4.65 Pct Debs up on Tuesday (PBH-DB-G)

September 19, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Holdings 4.65 Pct Debs down on Monday (PBH-DB-G)

August 26, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Holdings Corp up on Friday (PBH)

August 16, 2023 | markets.businessinsider.com

Premium Brands (PBH) Receives a Hold from CIBC

August 15, 2023 | markets.businessinsider.com

BMO Capital Believes Premium Brands (PBH) Won’t Stop Here

August 15, 2023 | markets.businessinsider.com

Premium Brands (PBH) Gets a Hold Rating from RBC Capital

August 15, 2023 | markets.businessinsider.com

Desjardins Believes Premium Brands (PBH) Still Has Room to Grow

August 11, 2023 | theglobeandmail.com

Closing Bell: Premium Brands Hldngs Corp 5.40 Pct Debs flat on Thursday (PBH-DB-I)

August 11, 2023 | markets.businessinsider.com

Premium Brands (PBH) Gets a Hold Rating from CIBC

July 31, 2023 | finance.yahoo.com

PREMIUM BRANDS HOLDINGS CORPORATION TO RELEASE SECOND QUARTER 2023 RESULTS

See More Headlines

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Company Calendar

Ex-Dividend for 10/13 Dividend: 9/28/2023
Dividend Payable: 10/13/2023
Last Earnings: 11/14/2023
Today: 12/09/2023
Ex-Dividend for 1/15 Dividend: 12/28/2023
Dividend Payable: 1/15/2024
Next Earnings (Estimated): 3/21/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Packaged Foods
Sub-Industry: N/A
Sector: Consumer Defensive
Current Symbol: TSE:PBH
CUSIP: N/A
CIK: N/A
Web: www.premiumbrandsholdings.com
Phone: +1-604-6563100
Fax: N/A
Employees: 505
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$115.80
High Stock Price Target: C$135.00
Low Stock Price Target: C$103.00
Potential Upside/Downside: +24.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.46
Trailing P/E Ratio: 37.70
Forward P/E Ratio: 16.74
P/E Growth: 1.1
Net Income: C$110.10 million
Net Margins: 1.74%
Pretax Margin: N/A
Return on Equity: 6.10%
Return on Assets: 3.54%

Debt

Debt-to-Equity Ratio: 148.60
Current Ratio: 2.15
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: C$6.34 billion
Price / Sales: 0.65
Cash Flow: C$0.95 per share
Price / Cash Flow: 97.88
Book Value: C$40.24 per share
Price / Book: 2.30

Miscellaneous

Outstanding Shares: 44,630,000
Free Float: N/A
Market Cap: C$4.14 billion
Optionable: Not Optionable
Beta: 1.00

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Key Executives

Mr. George Paleologou CA (Age 62)
President, CEO & Director
Comp: $1.42M
Mr. William Dion Kalutycz (Age 58)
Chief Financial Officer
Comp: $1.07M
Mr. Irving Teper
Chief Executive Officer of Concord Premium Meats Ltd.
Mr. Thomas Hernquist
Chief Executive Officer of Oberto Snacks Inc.
Mr. Joe Mannara
President of Concord Premium Meats Ltd.
Mr. Douglas Owen Goss AOE (Age 64)
B.Com., B.Comm, LL.B, LLD, Q.C., General Counsel & Corporate Secretary
Mr. Michael Cons
COO of C&C Packing Limited Partnership
Mr. Ronald Cons
CEO of C&C Packing Limited Partnership
Mr. Ronald E. Kleijn
President of Premium Brands Bakery Group
Mr. David Carriere
President & COO of PB Food Service

Key Competitors

View All Competitors

PBH Stock Analysis - Frequently Asked Questions

Should I buy or sell Premium Brands stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Premium Brands in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PBH shares.
View PBH analyst ratings or view top-rated stocks.
What is Premium Brands' stock price target for 2024?: 9 Wall Street research analysts have issued 12-month price objectives for Premium Brands' stock. Their PBH share price targets range from C$103.00 to C$135.00. On average, they predict the company's share price to reach C$115.80 in the next twelve months. This suggests a possible upside of 24.9% from the stock's current price.
View analysts price targets for PBH or view top-rated stocks among Wall Street analysts.
How have PBH shares performed in 2023?: Premium Brands' stock was trading at C$82.28 at the start of the year. Since then, PBH shares have increased by 12.7% and is now trading at C$92.73.
View the best growth stocks for 2023 here.
When is Premium Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 21st 2024.
View our PBH earnings forecast.
How were Premium Brands' earnings last quarter?: Premium Brands Holdings Co. (TSE:PBH) announced its quarterly earnings data on Tuesday, November, 14th. The company reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.42 by $0.15. The company had revenue of $1.64 billion for the quarter, compared to analysts' expectations of $1.72 billion. Premium Brands had a trailing twelve-month return on equity of 6.10% and a net margin of 1.74%.

How often does Premium Brands pay dividends? What is the dividend yield for Premium Brands?: Premium Brands declared a quarterly dividend on Thursday, November 16th. Shareholders of record on Friday, December 29th will be paid a dividend of 0.77 per share on Monday, January 15th. This represents a $3.08 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend is Thursday, December 28th.
Read our dividend analysis for PBH.
Is Premium Brands a good dividend stock?: Premium Brands (TSE:PBH) pays an annual dividend of C$3.08 per share and currently has a dividend yield of 3.46%. The dividend payout ratio is 125.20%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PBH.
What other stocks do shareholders of Premium Brands own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Premium Brands investors own include Royal Bank of Canada (RY), Enbridge (ENB), Air Canada (AC), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Dollarama (DOL), Suncor Energy (SU), Salesforce (CRM), Manulife Financial (MFC) and National Bank of Canada (NA).
How do I buy shares of Premium Brands?: Shares of PBH stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:PBH) was last updated on 12/9/2023 by MarketBeat.com Staff

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Premium Brands Stock Price, News & Analysis (TSE:PBH)

Premium Brands MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Premium Brands Stock (TSE:PBH)

PBH Stock Price History

PBH Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

PBH Stock Analysis - Frequently Asked Questions

Overall MarketRank^™