Prestige Brands Holdings Inc. (PBH) Issues FY14 Earnings Guidance
Prestige Brands Holdings Inc. (NYSE:PBH) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.48-1.52 for the period, compared to the Thomson Reuters consensus estimate of $1.67, StockRatingsNetwork reports.
Prestige Brands Holdings Inc. (NYSE:PBH) opened at 28.97 on Thursday. Prestige Brands Holdings Inc. has a 52-week low of $22.95 and a 52-week high of $36.69. The stock has a 50-day moving average of $33.13 and a 200-day moving average of $32.81. The company has a market cap of $1.498 billion and a price-to-earnings ratio of 17.64.
Prestige Brands Holdings (NYSE:PBH) last announced its earnings results on Thursday, February 6th. The company reported $0.30 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.39 by $0.09. The company had revenue of $146.20 million for the quarter, compared to the consensus estimate of $155.88 million. During the same quarter last year, the company posted $0.37 earnings per share. Prestige Brands Holdings’s revenue was down 8.7% compared to the same quarter last year. On average, analysts predict that Prestige Brands Holdings Inc. will post $1.67 earnings per share for the current fiscal year.
PBH has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott cut their price target on shares of Prestige Brands Holdings from $41.00 to $39.00 in a research note to investors on Friday, November 8th. They now have a buy rating on the stock. Analysts at B. Riley raised their price target on shares of Prestige Brands Holdings from $39.00 to $43.00 in a research note to investors on Friday, November 8th. They now have a buy rating on the stock. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $37.84.
Prestige Brands Holdings, Inc (NYSE:PBH) is a holding company.
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