FY2025 EPS Estimates for Premium Brands Lifted by Analyst

Premium Brands Holdings Co. (TSE:PBH - Free Report) - Equities researchers at Cormark upped their FY2025 earnings estimates for Premium Brands in a report issued on Monday, March 24th. Cormark analyst K. Mcphee now forecasts that the company will post earnings per share of $5.61 for the year, up from their prior forecast of $5.57. The consensus estimate for Premium Brands' current full-year earnings is $6.04 per share.

Several other research analysts have also recently weighed in on the company. Ventum Financial raised their target price on Premium Brands from C$109.00 to C$120.00 and gave the company a "buy" rating in a research note on Monday, March 24th. Royal Bank of Canada raised their price objective on shares of Premium Brands from C$96.00 to C$97.00 and gave the company an "outperform" rating in a research report on Thursday, March 20th. Desjardins lowered their price objective on shares of Premium Brands from C$95.00 to C$93.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. BMO Capital Markets increased their target price on shares of Premium Brands from C$94.00 to C$100.00 and gave the company an "outperform" rating in a research note on Monday, March 24th. Finally, Raymond James set a C$100.00 price target on shares of Premium Brands and gave the stock an "outperform" rating in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$102.90.

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Premium Brands Price Performance

TSE PBH traded down C$0.68 on Tuesday, reaching C$78.13. 109,483 shares of the stock traded hands, compared to its average volume of 90,718. Premium Brands has a 12 month low of C$74.00 and a 12 month high of C$97.10. The company has a market cap of C$3.48 billion, a price-to-earnings ratio of 34.78, a P/E/G ratio of 1.10 and a beta of 0.98. The firm's fifty day simple moving average is C$77.88 and its 200 day simple moving average is C$82.68. The company has a quick ratio of 1.16, a current ratio of 1.51 and a debt-to-equity ratio of 163.00.

About Premium Brands

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.