Headlines about Prestige Brands Holdings (NYSE:PBH) have been trending very positive on Friday, Alpha One reports. The research firm, a division of Accern, identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Prestige Brands Holdings earned a daily sentiment score of 0.59 on Alpha One’s scale. Alpha One also gave press coverage about the company an impact score of 70 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Alpha One Sentiment’s rankings:
- Prestige Brands Holdings, Inc. (PBH) Earns Underperform Rating from Jefferies Group LLC (americanbankingnews.com)
- Prestige Brands Holdings (PBH) Given Coverage Optimism Score of 0.56 (americanbankingnews.com)
- $237.13 Million in Sales Expected for Prestige Brands Holdings, Inc. (PBH) This Quarter (americanbankingnews.com)
- Prestige Brands Holdings (PBH) Earning Favorable News Coverage, Analysis Shows (americanbankingnews.com)
- $0.55 Earnings Per Share Expected for Prestige Brands Holdings, Inc. (PBH) This Quarter (americanbankingnews.com)
A number of equities analysts have issued reports on PBH shares. Jefferies Group LLC set a $45.00 target price on Prestige Brands Holdings and gave the stock a “sell” rating in a report on Thursday, February 2nd. B. Riley restated a “buy” rating and set a $77.00 target price on shares of Prestige Brands Holdings in a report on Sunday, February 26th. Finally, Zacks Investment Research cut Prestige Brands Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, March 22nd. Two equities research analysts have rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. Prestige Brands Holdings has an average rating of “Buy” and a consensus target price of $62.17.
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Shares of Prestige Brands Holdings (NYSE:PBH) opened at 56.02 on Friday. The firm has a market cap of $2.97 billion, a price-to-earnings ratio of 41.47 and a beta of 1.56. Prestige Brands Holdings has a 12 month low of $44.64 and a 12 month high of $59.63. The company has a 50-day moving average price of $56.50 and a 200-day moving average price of $52.11.
Prestige Brands Holdings (NYSE:PBH) last issued its quarterly earnings results on Thursday, February 2nd. The company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.05. The company earned $216.80 million during the quarter, compared to the consensus estimate of $210.34 million. Prestige Brands Holdings had a return on equity of 16.45% and a net margin of 8.51%. Prestige Brands Holdings’s revenue was up 8.3% on a year-over-year basis. During the same period last year, the business posted $0.53 earnings per share. Analysts forecast that Prestige Brands Holdings will post $2.38 earnings per share for the current fiscal year.
About Prestige Brands Holdings
Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.
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