Brokers Issue Forecasts for Premium Brands FY2025 Earnings

Premium Brands Holdings Co. (TSE:PBH) – Stock analysts at Raymond James upped their FY2025 earnings estimates for Premium Brands in a research report issued on Monday, March 24th. Raymond James analyst M. Glen now forecasts that the company will post earnings of $5.05 per share for the year, up from their prior forecast of $4.89. Raymond James has a “Moderate Buy” rating on the stock. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share. Raymond James also issued estimates for Premium Brands’ FY2026 earnings at $6.15 EPS.

Other equities analysts have also recently issued reports about the stock. Desjardins decreased their target price on shares of Premium Brands from C$95.00 to C$93.00 and set a “buy” rating for the company in a research note on Monday. Royal Bank of Canada upped their price objective on shares of Premium Brands from C$96.00 to C$97.00 and gave the stock an “outperform” rating in a research report on Thursday, March 20th. 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 report on Monday. National Bankshares reduced their price target on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating for the company in a report on Thursday, February 27th. Finally, BMO Capital Markets boosted their price objective on Premium Brands from C$94.00 to C$100.00 and gave the company an “outperform” rating in a research report on Monday. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$102.90.

Premium Brands Stock Up 4.0 %

Shares of PBH stock opened at C$82.36 on Tuesday. The company has a current ratio of 1.51, a quick ratio of 1.16 and a debt-to-equity ratio of 163.00. Premium Brands has a twelve month low of C$74.00 and a twelve month high of C$97.10. The stock has a 50 day moving average of C$77.85 and a 200 day moving average of C$82.85. The stock has a market cap of C$3.67 billion, a P/E ratio of 36.66, a P/E/G ratio of 1.10 and a beta of 0.98.

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.