FY2025 EPS Estimates for Premium Brands Increased by Analyst

Premium Brands Holdings Co. (TSE:PBH) – Investment analysts at Cormark lifted their FY2025 earnings per share (EPS) estimates for shares of Premium Brands in a report released on Monday, March 24th. Cormark analyst K. Mcphee now forecasts that the company will earn $5.61 per share for the year, up from their previous forecast of $5.57. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share.

A number of other equities analysts have also weighed in on the stock. BMO Capital Markets lifted their price objective on shares of Premium Brands from C$94.00 to C$100.00 and gave the company an “outperform” rating in a research report on Monday. Desjardins dropped their target price on Premium Brands from C$95.00 to C$93.00 and set a “buy” rating on the stock in a research report on Monday. Ventum Financial lifted their price target on Premium Brands from C$109.00 to C$120.00 and gave the company a “buy” rating in a research note on Monday. National Bankshares cut their price objective on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating for the company in a research report on Thursday, February 27th. Finally, Royal Bank of Canada boosted their target price on shares of Premium Brands from C$96.00 to C$97.00 and gave the stock an “outperform” rating in a research report on Thursday, March 20th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Premium Brands has a consensus rating of “Moderate Buy” and a consensus price target of C$102.90.

Premium Brands Trading Up 0.6 %

TSE:PBH opened at C$79.22 on Tuesday. The company has a current ratio of 1.51, a quick ratio of 1.16 and a debt-to-equity ratio of 163.00. The stock’s 50 day simple moving average is C$77.77 and its 200-day simple moving average is C$82.88. Premium Brands has a 12-month low of C$74.00 and a 12-month high of C$97.10. The firm has a market cap of C$3.53 billion, a P/E ratio of 35.27, a PEG ratio of 1.10 and a beta of 0.98.

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.