FY2025 EPS Estimates for Premium Brands Increased by Cormark

Premium Brands Holdings Co. (TSE:PBH) – Stock analysts at Cormark lifted their FY2025 earnings estimates for Premium Brands in a research report issued on Monday, January 6th. Cormark analyst K. Mcphee now forecasts that the company will post earnings per share of $5.57 for the year, up from their previous forecast of $5.51. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share. Cormark also issued estimates for Premium Brands’ FY2026 earnings at $7.66 EPS and FY2027 earnings at $8.86 EPS.

Premium Brands (TSE:PBH) last announced its earnings results on Wednesday, November 6th. The company reported C$1.11 EPS for the quarter, missing analysts’ consensus estimates of C$1.36 by C($0.25). Premium Brands had a net margin of 1.78% and a return on equity of 6.43%. During the same quarter in the prior year, the firm posted $1.27 EPS.

Other equities research analysts also recently issued research reports about the stock. BMO Capital Markets reduced their price target on shares of Premium Brands from C$111.00 to C$94.00 in a research report on Thursday, November 7th. Stifel Nicolaus lowered their price objective on shares of Premium Brands from C$106.00 to C$101.00 in a research note on Thursday, November 7th. National Bankshares boosted their price target on Premium Brands from C$101.00 to C$109.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Raymond James set a C$100.00 price objective on shares of Premium Brands and gave the stock an “outperform” rating in a research note on Thursday, December 19th. Finally, CIBC lowered their price target on Premium Brands from C$103.00 to C$90.00 in a report on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$103.11.

Premium Brands Price Performance

Shares of TSE:PBH opened at C$79.26 on Thursday. The company has a debt-to-equity ratio of 161.28, a current ratio of 1.56 and a quick ratio of 1.16. The company has a market capitalization of C$3.52 billion, a PE ratio of 31.20, a PEG ratio of 1.10 and a beta of 0.98. Premium Brands has a 1-year low of C$75.67 and a 1-year high of C$97.10. The business has a fifty day moving average price of C$80.59 and a 200-day moving average price of C$87.71.

Premium Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.29%. The ex-dividend date of this dividend is Tuesday, December 31st. Premium Brands’s payout ratio is 133.86%.

Insider Transactions at Premium Brands

In other Premium Brands news, Director Johnny Ciampi purchased 3,500 shares of Premium Brands stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of C$77.02 per share, for a total transaction of C$269,570.00. Company insiders own 2.01% of the company’s stock.

Premium Brands Company Profile

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.