Premium Brands FY2025 EPS Forecast Lifted by Raymond James

Premium Brands Holdings Co. (TSE:PBH) – Analysts at Raymond James raised their FY2025 earnings estimates for Premium Brands in a research report issued to clients and investors on Monday, March 24th. Raymond James analyst M. Glen now expects that the company will post earnings per share of $5.05 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.

Several other brokerages also recently commented on PBH. Ventum Financial increased their price objective on shares of Premium Brands from C$109.00 to C$120.00 and gave the company a “buy” rating in a research note on Monday. Royal Bank of Canada boosted their price objective on 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. National Bankshares dropped their target price on Premium Brands from C$99.00 to C$96.00 and set a “sector perform” rating for the company in a research report on Thursday, February 27th. BMO Capital Markets boosted their price target on Premium Brands from C$94.00 to C$100.00 and gave the stock an “outperform” rating in a report on Monday. Finally, Desjardins lowered their price objective on Premium Brands from C$95.00 to C$93.00 and set a “buy” rating for the company in a research note on Monday. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Premium Brands presently has an average rating of “Moderate Buy” and a consensus price target of C$102.90.

Premium Brands Stock Performance

Premium Brands stock opened at C$79.22 on Tuesday. The business’s 50-day moving average price is C$77.77 and its two-hundred day moving average price is C$82.88. Premium Brands has a 12-month low of C$74.00 and a 12-month high of C$97.10. The company has a quick ratio of 1.16, a current ratio of 1.51 and a debt-to-equity ratio of 163.00. The stock has a market cap of C$3.53 billion, a PE ratio of 35.27, 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.