TSE:PBH

Premium Brands (PBH) Stock Price, News & Analysis

C$89.33
+0.58 (+0.65%)
(As of 03:33 PM ET)
Today's Range
C$88.89
C$89.65
50-Day Range
C$85.11
C$93.42
52-Week Range
C$84.66
C$113.60
Volume
36,105 shs
Average Volume
49,166 shs
Market Capitalization
C$3.97 billion
P/E Ratio
42.34
Dividend Yield
3.81%
Price Target
C$111.60

Premium Brands MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
25.5% Upside
C$111.60 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.03mentions of Premium Brands in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.71 out of 5 stars

PBH stock logo

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, pizza, 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 seafood processing 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, Belmont Meats, Conte Foods, SK Food Group, Hygaard, Quality Fast Foods, HQ Fine Foods, Creekside Custom Foods, Stuyver's, Bread Garden Express, and Duso's, as well as Gourmet Chef, Island City Baking, Skilcor, Leadbetter's, Concord Meats, Mclean Meats, Buddy's Kitchen, Raybern's, Leonetti's, Partner's Crackers, Shaw Crackers, Country Prime Meats, Lou's Kitchen, Yorkshire Valley Farms, Golden Valley Farms, Maid-Rite, King's Command Foods, etc. The company was founded in 1917 and is based in Richmond, Canada.

PBH Stock Price History

PBH Stock News Headlines

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AYI Aug 2024 300.000 call
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Bay Street Is Seen Opening On Positive Note
Premium Brands Holdings Corp.
Scotiabank Reaffirms Their Buy Rating on Premium Brands (PBH)
PBH:CA Premium Brands Holdings Corporation
TechRepublic Premium
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Dividend Payable
4/15/2024
Today
4/24/2024
Next Earnings (Estimated)
5/20/2024

Industry, Sector and Symbol

Industry
Packaged Foods
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
505
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$111.60
High Stock Price Target
C$130.00
Low Stock Price Target
C$97.00
Potential Upside/Downside
+25.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

Net Income
C$94.20 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$6.26 billion
Cash Flow
C$0.91 per share
Book Value
C$39.79 per share

Miscellaneous

Free Float
N/A
Market Cap
C$3.94 billion
Optionable
Not Optionable
Beta
1.01
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Key Executives

  • Mr. George Paleologou CA (Age 63)
    President, CEO & Director
    Comp: $1.51M
  • Mr. William Dion Kalutycz C.A. (Age 59)
    Chief Financial Officer
    Comp: $1.11M
  • Mr. Irving Teper
    Chief Executive Officer of Concord Premium Meats Ltd.
  • Mr. Joe Mannara
    President of Concord Premium Meats Ltd.
  • Mr. Dennis Papakostas
    Chief Executive Officer of Expresco Foods Inc
  • Mr. Douglas Owen Goss AOE (Age 65)
    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

PBH Stock Analysis - Frequently Asked Questions

Should I buy or sell Premium Brands stock right now?

9 Wall Street 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 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 brokerages have issued 12-month price targets for Premium Brands' shares. Their PBH share price targets range from C$97.00 to C$130.00. On average, they anticipate the company's share price to reach C$111.60 in the next year. This suggests a possible upside of 25.5% 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 2024?

Premium Brands' stock was trading at C$94.03 at the start of the year. Since then, PBH stock has decreased by 5.4% and is now trading at C$88.92.
View the best growth stocks for 2024 here
.

When is Premium Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our PBH earnings forecast
.

How were Premium Brands' earnings last quarter?

Premium Brands Holdings Co. (TSE:PBH) posted its quarterly earnings results on Friday, March, 15th. The company reported $0.85 earnings per share for the quarter, missing the consensus estimate of $1.13 by $0.28. The firm earned $1.55 billion during the quarter, compared to the consensus estimate of $1.61 billion. Premium Brands had a trailing twelve-month return on equity of 5.26% and a net margin of 1.50%.

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

Premium Brands declared a quarterly dividend on Friday, March 15th. Investors of record on Thursday, March 28th will be paid a dividend of 0.85 per share on Monday, April 15th. This represents a $3.40 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend is Wednesday, March 27th. This is an increase from the stock's previous quarterly dividend of C$0.77.
Read our dividend analysis for PBH
.

Is Premium Brands a good dividend stock?

Premium Brands (TSE:PBH) pays an annual dividend of C$3.40 per share and currently has a dividend yield of 3.99%. PBH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 161.14%. 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 4/24/2024 by MarketBeat.com Staff

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