Premium Brands (PBH) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Premium Brands in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PBH shares.
View PBH analyst ratings or view top-rated stocks.

6 brokers have issued 12 month target prices for Premium Brands' stock. Their PBH share price forecasts range from C$99.00 to C$136.00. On average, they anticipate the company's stock price to reach C$118.30 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for PBH or view top-rated stocks among Wall Street analysts.

Premium Brands' stock was trading at C$82.28 at the beginning of the year. Since then, PBH stock has increased by 21.5% and is now trading at C$100.00.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our PBH earnings forecast.

Premium Brands Holdings Co. (TSE:PBH) announced its quarterly earnings results on Thursday, March, 16th. The company reported $1.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.35 by $0.16. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.55 billion. Premium Brands had a trailing twelve-month return on equity of 8.10% and a net margin of 2.31%.

Premium Brands declared a quarterly dividend on Monday, May 15th. Shareholders of record on Friday, June 30th will be paid a dividend of 0.77 per share on Friday, July 14th. This represents a $3.08 dividend on an annualized basis and a yield of 3.08%. The ex-dividend date is Thursday, June 29th.
Read our dividend analysis for PBH.

Premium Brands (TSE:PBH) pays an annual dividend of C$3.08 per share and currently has a dividend yield of 3.05%. The dividend payout ratio is 96.25%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for PBH.

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).

Premium Brands trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PBH."

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.
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One share of PBH stock can currently be purchased for approximately C$100.00.

Premium Brands (TSE:PBH) has a market capitalization of C$4.46 billion and generates C$6.21 billion in revenue each year. The company earns C$143.60 million in net income (profit) each year or C$3.20 on an earnings per share basis.

The company employs 505 workers across the globe.

Premium Brands' mailing address is 100-10991 Shellbridge Way, RICHMOND, BC V6X 3C6, Canada. The official website for the company is www.premiumbrandsholdings.com. The company can be reached via phone at +1-604-6563100.