Cormark Predicts Premium Brands’ FY2025 Earnings (TSE:PBH)

Premium Brands Holdings Co. (TSE:PBH) – Cormark increased their FY2025 earnings per share estimates for Premium Brands in a research note 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.

Premium Brands (TSE:PBH) last posted its earnings results on Wednesday, November 6th. The company reported C$1.11 EPS for the quarter, missing the consensus estimate 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 quarter in the previous year, the firm earned $1.27 earnings per share.

A number of other brokerages also recently weighed in on PBH. CIBC decreased their target price on shares of Premium Brands from C$103.00 to C$90.00 in a research note on Thursday, November 7th. BMO Capital Markets lowered their price objective on Premium Brands from C$111.00 to C$94.00 in a research note on Thursday, November 7th. Royal Bank of Canada cut their target price on Premium Brands from C$100.00 to C$96.00 in a research note on Thursday, November 7th. National Bankshares lifted their price target on Premium Brands from C$101.00 to C$109.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, TD Securities cut their price objective on shares of Premium Brands from C$129.00 to C$120.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$103.11.

Premium Brands Stock Down 0.7 %

Shares of Premium Brands stock opened at C$78.97 on Thursday. Premium Brands has a 1 year low of C$75.67 and a 1 year high of C$97.10. The company has a debt-to-equity ratio of 161.28, a current ratio of 1.56 and a quick ratio of 1.16. The company has a 50-day moving average of C$80.83 and a 200 day moving average of C$87.77. The firm has a market cap of C$3.51 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 1.10 and a beta of 0.98.

Insiders Place Their Bets

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

Premium Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend is Tuesday, December 31st. Premium Brands’s dividend payout ratio is 133.86%.

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.