Stifel Canada Reduces Earnings Estimates for Premium Brands

Premium Brands Holdings Co. (TSE:PBH) – Stock analysts at Stifel Canada dropped their FY2025 EPS estimates for Premium Brands in a note issued to investors on Wednesday, November 6th. Stifel Canada analyst M. Landry now forecasts that the company will earn $5.61 per share for the year, down from their prior estimate of $5.87. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share. Stifel Canada also issued estimates for Premium Brands’ FY2026 earnings at $6.77 EPS.

Premium Brands (TSE:PBH) last announced its quarterly earnings data on Wednesday, November 6th. The company reported C$1.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$1.36 by C($0.25). Premium Brands had a net margin of 1.78% and a return on equity of 6.43%. During the same period in the previous year, the firm posted $1.27 EPS.

Other equities research analysts have also recently issued research reports about the stock. BMO Capital Markets cut their price target on shares of Premium Brands from C$111.00 to C$94.00 in a report on Thursday. CIBC cut their target price on Premium Brands from C$103.00 to C$90.00 in a research note on Thursday. National Bankshares boosted 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 note on Thursday, October 24th. Royal Bank of Canada dropped their price objective on Premium Brands from C$100.00 to C$96.00 in a research report on Thursday. Finally, TD Securities decreased their target price on Premium Brands from C$129.00 to C$120.00 and set a “buy” rating for the company in a research report on Thursday. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Premium Brands currently has an average rating of “Moderate Buy” and a consensus target price of C$108.30.

Premium Brands Stock Performance

The company has a debt-to-equity ratio of 161.28, a quick ratio of 1.16 and a current ratio of 1.56. The company has a market cap of C$3.38 billion, a price-to-earnings ratio of 30.43, a P/E/G ratio of 1.10 and a beta of 0.98. Premium Brands has a 12 month low of C$75.67 and a 12 month high of C$97.28. The company’s fifty day moving average price is C$91.17 and its 200-day moving average price is C$90.54.

Premium Brands Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of ∞. The ex-dividend date is Tuesday, December 31st. Premium Brands’s dividend payout ratio (DPR) is presently 133.86%.

Insider Buying and Selling

In other news, Senior Officer William Dion Kalutycz sold 7,000 shares of the company’s stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of C$86.30, for a total value of C$604,100.00. 2.01% of the stock is currently owned by insiders.

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.