Superior Plus (TSE:SPB - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of C($0.26) per share for the quarter.
Superior Plus (TSE:SPB - Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported C($0.27) EPS for the quarter, missing analysts' consensus estimates of C($0.19) by C($0.08). Superior Plus had a positive return on equity of 1.17% and a negative net margin of 0.10%. The firm had revenue of C$578.62 million for the quarter, compared to the consensus estimate of C$710.53 million.
Superior Plus Stock Performance
Shares of Superior Plus stock traded up C$0.18 during trading hours on Wednesday, reaching C$6.59. The company's stock had a trading volume of 1,398,814 shares, compared to its average volume of 897,483. Superior Plus has a one year low of C$6.36 and a one year high of C$10.36. The company's 50 day simple moving average is C$7.52 and its 200 day simple moving average is C$8.45. The company has a debt-to-equity ratio of 133.90, a quick ratio of 0.46 and a current ratio of 0.75. The stock has a market cap of C$1.64 billion, a P/E ratio of -128.20 and a beta of 0.76.
Superior Plus Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Tuesday, October 15th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 10.93%. The ex-dividend date of this dividend was Friday, September 27th. Superior Plus's dividend payout ratio (DPR) is presently -1,440.00%.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on SPB. CIBC downgraded shares of Superior Plus from an "outperform" rating to a "neutral" rating and reduced their price target for the company from C$14.00 to C$10.00 in a report on Thursday, August 15th. ATB Capital reduced their price objective on Superior Plus from C$13.00 to C$12.00 in a research report on Thursday, August 15th. Scotiabank lowered their target price on Superior Plus from C$12.00 to C$9.00 in a research report on Monday, August 19th. BMO Capital Markets reduced their price target on Superior Plus from C$10.00 to C$9.00 in a research report on Tuesday, October 22nd. Finally, National Bankshares reduced their price target on shares of Superior Plus from C$10.00 to C$9.00 in a research note on Thursday, August 15th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Superior Plus presently has an average rating of "Hold" and a consensus target price of C$10.18.
Read Our Latest Report on Superior Plus
About Superior Plus
(
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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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