Premium Brands Holdings Co. (TSE:PBH – Free Report) – Analysts at National Bank Financial upped their Q3 2024 earnings estimates for shares of Premium Brands in a research note issued to investors on Monday, April 29th. National Bank Financial analyst V. Shreedhar now forecasts that the company will earn $1.78 per share for the quarter, up from their prior estimate of $1.77. The consensus estimate for Premium Brands’ current full-year earnings is $4.84 per share. National Bank Financial also issued estimates for Premium Brands’ Q1 2025 earnings at $0.74 EPS, Q4 2025 earnings at $1.38 EPS and FY2025 earnings at $5.77 EPS.
Premium Brands (TSE:PBH – Get Free Report) last issued its quarterly earnings results on Friday, March 15th. The company reported C$0.85 EPS for the quarter, missing the consensus estimate of C$1.13 by C($0.28). Premium Brands had a return on equity of 5.26% and a net margin of 1.50%. The business had revenue of C$1.55 billion for the quarter, compared to the consensus estimate of C$1.61 billion.
Read Our Latest Stock Analysis on Premium Brands
Premium Brands Stock Down 1.4 %
Shares of PBH stock opened at C$88.90 on Wednesday. The company has a debt-to-equity ratio of 149.12, a quick ratio of 1.16 and a current ratio of 2.08. The firm’s 50-day moving average is C$88.69 and its 200-day moving average is C$91.11. The stock has a market cap of C$3.95 billion, a price-to-earnings ratio of 42.13, a PEG ratio of 1.10 and a beta of 1.01. Premium Brands has a 52-week low of C$84.66 and a 52-week high of C$113.60.
Premium Brands Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, April 15th. Shareholders of record on Thursday, March 28th were given a $0.85 dividend. The ex-dividend date of this dividend was Wednesday, March 27th. This represents a $3.40 dividend on an annualized basis and a yield of 3.82%. This is a positive change from Premium Brands’s previous quarterly dividend of $0.77. Premium Brands’s dividend payout ratio (DPR) is currently 161.14%.
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.
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