Cormark Has Positive View of Premium Brands FY2025 Earnings

Premium Brands Holdings Co. (TSE:PBH) – Cormark lifted their FY2025 earnings per share (EPS) estimates for Premium Brands in a research report issued on Monday, January 6th. Cormark analyst K. Mcphee now expects that the company will post earnings per share of $5.57 for the year, up from their prior forecast of $5.51. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share. Cormark also issued estimates for Premium Brands’ FY2026 earnings at $7.66 EPS and FY2027 earnings at $8.86 EPS.

Several other equities analysts have also commented on PBH. Royal Bank of Canada decreased their target price on shares of Premium Brands from C$100.00 to C$96.00 in a report on Thursday, November 7th. National Bankshares increased their target price on Premium Brands from C$101.00 to C$109.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. CIBC reduced their price objective on shares of Premium Brands from C$103.00 to C$90.00 in a research note on Thursday, November 7th. BMO Capital Markets reduced their target price on Premium Brands from C$111.00 to C$94.00 in a report on Thursday, November 7th. Finally, TD Securities decreased their price target on Premium Brands from C$129.00 to C$120.00 and set a “buy” rating for the company in a report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Premium Brands has a consensus rating of “Moderate Buy” and a consensus target price of C$103.11.

Premium Brands Stock Performance

TSE:PBH opened at C$79.26 on Thursday. The company has a debt-to-equity ratio of 161.28, a quick ratio of 1.16 and a current ratio of 1.56. Premium Brands has a fifty-two week low of C$75.67 and a fifty-two week high of C$97.10. The company has a market cap of C$3.52 billion, a price-to-earnings ratio of 31.20, a PEG ratio of 1.10 and a beta of 0.98. The stock has a fifty day moving average price of C$80.59 and a 200-day moving average price of C$87.71.

Premium Brands (TSE:PBH) last announced its earnings results on Wednesday, November 6th. The company reported C$1.11 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.36 by C($0.25). Premium Brands had a return on equity of 6.43% and a net margin of 1.78%. During the same period in the prior year, the business posted $1.27 EPS.

Premium Brands Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be given a $0.85 dividend. This represents a $3.40 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date of this dividend is Tuesday, December 31st. Premium Brands’s payout ratio is currently 133.86%.

Insiders Place Their Bets

In other news, Director Johnny Ciampi bought 2,000 shares of the firm’s stock in a transaction on Friday, November 29th. The stock was acquired at an average cost of C$78.78 per share, with a total value of C$157,560.00. 2.01% of the stock is currently owned by insiders.

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.