Superior Plus (TSE:SPB) Rating Increased to Moderate Buy at Raymond James

Raymond James upgraded shares of Superior Plus (TSE:SPB - Free Report) from a hold rating to a moderate buy rating in a research note published on Friday,Zacks.com reports. Raymond James also issued estimates for Superior Plus' Q1 2025 earnings at $0.58 EPS, Q2 2025 earnings at ($0.21) EPS, Q3 2025 earnings at ($0.31) EPS, Q4 2025 earnings at $0.34 EPS and FY2026 earnings at $0.48 EPS.

A number of other equities analysts also recently weighed in on SPB. Cibc World Mkts raised Superior Plus to a "strong-buy" rating in a research report on Friday, November 8th. CIBC upped their price objective on shares of Superior Plus from C$8.50 to C$9.00 and gave the stock an "outperform" rating in a research report on Thursday, January 9th. TD Securities lifted their price target on Superior Plus from C$7.50 to C$9.00 in a research note on Thursday, December 5th. Finally, Scotiabank decreased their price target on shares of Superior Plus from C$12.00 to C$9.00 in a report on Monday, November 11th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of C$9.95.

Superior Plus Stock Down 0.1 %

SPB traded down C$0.01 during trading on Friday, reaching C$6.72. The company had a trading volume of 724,294 shares, compared to its average volume of 936,095. The business's fifty day moving average price is C$6.23 and its 200 day moving average price is C$6.81. The company has a debt-to-equity ratio of 193.35, a current ratio of 0.67 and a quick ratio of 0.46. Superior Plus has a 12 month low of C$5.15 and a 12 month high of C$10.36. The company has a market cap of C$1.13 billion, a P/E ratio of 24.71 and a beta of 0.76.

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Insider Buying and Selling at Superior Plus

In related news, Senior Officer Natasha Anne Cherednichenko purchased 4,800 shares of Superior Plus stock in a transaction on Tuesday, December 17th. The stock was acquired at an average cost of C$6.13 per share, for a total transaction of C$29,445.12. Insiders own 0.54% of the company's stock.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.