Superior Plus Corp. (TSE:SPB - Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as C$7.14 and last traded at C$7.14, with a volume of 38596 shares. The stock had previously closed at C$7.23.
Wall Street Analyst Weigh In
Several equities research analysts have recently weighed in on the company. National Bankshares reduced their price target on Superior Plus from C$10.00 to C$9.00 in a report on Thursday, August 15th. Scotiabank reduced their price target on Superior Plus from C$12.00 to C$9.00 in a report on Monday, August 19th. Royal Bank of Canada reduced their price target on Superior Plus from C$13.00 to C$11.00 in a report on Thursday, August 15th. Cibc World Mkts downgraded Superior Plus from a "strong-buy" rating to a "hold" rating in a report on Thursday, August 15th. Finally, Desjardins reduced their price target on Superior Plus from C$10.50 to C$9.50 and set a "buy" rating on the stock in a report on Wednesday, October 16th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of C$10.18.
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Superior Plus Price Performance
The stock has a fifty day moving average price of C$7.62 and a 200-day moving average price of C$8.54. The firm has a market capitalization of C$1.75 billion, a PE ratio of -141.60 and a beta of 0.76. The company has a debt-to-equity ratio of 133.90, a quick ratio of 0.46 and a current ratio of 0.75.
Superior Plus (TSE:SPB - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.19) by C($0.08). Superior Plus had a negative net margin of 0.10% and a positive return on equity of 1.17%. The company had revenue of C$578.62 million during the quarter, compared to analysts' expectations of C$710.53 million.
Superior Plus Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 10.21%. Superior Plus's payout ratio is -1,440.00%.
Superior Plus Company Profile
(
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Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.
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