Should I buy or sell Premium Brands stock right now?

9 Wall Street 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 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 analysts have issued 12 month target prices for Premium Brands' stock. Their PBH share price targets range from C$97.00 to C$130.00. On average, they anticipate the company's stock price to reach C$111.60 in the next twelve months. This suggests a possible upside of 30.4% 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 beginning of the year. Since then, PBH shares have decreased by 9.0% and is now trading at C$85.57. 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) announced its quarterly earnings results on Friday, March, 15th. The company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by $0.28. The business had revenue of $1.55 billion for 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 announced a quarterly dividend on Friday, March 15th. Stockholders 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 3.97%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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 .

TSE:PBH

Premium Brands (PBH) Stock Price, News & Analysis

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Free PBH Stock Alerts

C$86.24

+0.67 (+0.78%)

(As of 10:03 AM ET)

Compare

Today's Range: C$85.64
▼
C$86.24
50-Day Range: C$85.11
▼
C$93.42
52-Week Range: C$84.66
▼
C$113.60

Volume: 3,385 shs
Average Volume: 49,405 shs
Market Capitalization: C$3.83 billion

P/E Ratio: 40.87
Dividend Yield: 3.94%
Price Target: C$111.60

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines

Get Premium Brands alerts:

Premium Brands MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 30.4% Upside
C$111.60 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.78
Based on 8 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.

3.58 out of 5 stars

4.3

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.
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.

1.7

Dividend Strength

Dividend Leadership
Premium Brands is a leading dividend payer. It pays a dividend yield of 3.99%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Premium Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Premium Brands is 161.14%. 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.

3.2

News and Social Media Coverage

News Sentiment
Premium Brands has a news sentiment score of 0.78. 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 higher news sentiment than the 0.30 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Premium Brands this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for PBH on MarketBeat in the last 30 days. This is a decrease of -80% 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 2.01% of the stock of Premium Brands is held by insiders.
Percentage Held by Institutions
43.40% 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 40.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Premium Brands is 40.55, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 242.87.
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 2.15. 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

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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

30 days | 90 days | 365 days | Advanced Chart

PBH Stock News Headlines

April 18, 2024 | americanbankingnews.com

Research Analysts Issue Forecasts for Premium Brands Holdings Co.'s Q1 2024 Earnings (TSE:PBH)

April 18, 2024 | americanbankingnews.com

Premium Brands Holdings Co. (TSE:PBH) Expected to Earn Q2 2024 Earnings of $1.58 Per Share

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 17, 2024 | americanbankingnews.com

Premium Brands (TSE:PBH) Given a C$112.00 Price Target by Pi Financial Analysts

April 9, 2024 | americanbankingnews.com

Premium Brands (TSE:PBH) Shares Cross Below 200-Day Moving Average of $91.94

March 26, 2024 | finance.yahoo.com

AYI Aug 2024 300.000 call

March 16, 2024 | marketwatch.com

Premium Brands 4Q Profit, Revenue Declines Miss Targets, Sets Growth Targets for 2024

March 16, 2024 | finance.yahoo.com

Premium Brands Holdings Full Year 2023 Earnings: EPS Misses Expectations

April 18, 2024 | Paradigm Press (Ad)

Could Bitcoin Literally FORCE This Crypto To Rocket Up?

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 15, 2024 | markets.businessinsider.com

Bay Street Is Seen Opening On Positive Note

March 15, 2024 | finance.yahoo.com

PREMIUM BRANDS HOLDINGS CORPORATION REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS AND ANNOUNCES A 10.4% DIVIDEND INCREASE

February 9, 2024 | msn.com

BellRing Brands Inc. (BRBR) Hit a 52 Week High, Can the Run Continue?

January 30, 2024 | wsj.com

Premium Brands Holdings Corp.

January 30, 2024 | finance.yahoo.com

Should You Be Concerned About Premium Brands Holdings Corporation's (TSE:PBH) ROE?

December 8, 2023 | theglobeandmail.com

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

December 6, 2023 | msn.com

The Best Canadian Food Stocks in December 2023

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)

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

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: 4/18/2024
Next Earnings (Estimated): 5/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Consumer Defensive
Industry: Packaged Foods
Sub-Industry: N/A
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$111.60
High Stock Price Target: C$130.00
Low Stock Price Target: C$97.00
Potential Upside/Downside: +29.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$2.11
Trailing P/E Ratio: 40.87
Forward P/E Ratio: 17.80
P/E Growth: 1.1
Net Income: C$94.20 million
Net Margins: 1.50%
Pretax Margin: N/A
Return on Equity: 5.26%
Return on Assets: 3.58%

Debt

Debt-to-Equity Ratio: 149.12
Current Ratio: 2.08
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: C$6.26 billion
Price / Sales: 0.61
Cash Flow: C$0.88 per share
Price / Cash Flow: 97.88
Book Value: C$39.79 per share
Price / Book: 2.17

Miscellaneous

Outstanding Shares: 44,410,000
Free Float: N/A
Market Cap: C$3.83 billion
Optionable: Not Optionable
Beta: 1.01

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Key Executives

Mr. George Paleologou CA (Age 63)
President, CEO & Director
Comp: $1.42M
Mr. William Dion Kalutycz (Age 59)
Chief Financial Officer
Comp: $1.07M
Mr. Irving Teper
Chief Executive Officer of Concord Premium Meats Ltd.
Mr. Thomas K. Hernquist (Age 65)
Chief Executive Officer of Oberto Snacks Inc.
Comp: $1.13M
Mr. Joe Mannara
President of Concord Premium Meats Ltd.
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

Key Competitors

View All Competitors

PBH Stock Analysis - Frequently Asked Questions

Should I buy or sell Premium Brands stock right now?: 9 Wall Street 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 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 analysts have issued 12 month target prices for Premium Brands' stock. Their PBH share price targets range from C$97.00 to C$130.00. On average, they anticipate the company's stock price to reach C$111.60 in the next twelve months. This suggests a possible upside of 30.4% 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 beginning of the year. Since then, PBH shares have decreased by 9.0% and is now trading at C$85.57.
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) announced its quarterly earnings results on Friday, March, 15th. The company reported $0.85 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by $0.28. The business had revenue of $1.55 billion for 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 announced a quarterly dividend on Friday, March 15th. Stockholders 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 3.97%. The ex-dividend date of this dividend is Wednesday, March 27th. This is a positive change 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 4/18/2024 by MarketBeat.com Staff

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Premium Brands (PBH) Stock Price, News & Analysis

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^™