Prestige Brands Holdings VP Sells $1,348,274 in Stock (PBH)
Prestige Brands Holdings (NYSE:PBH) VP Paul A. Hennessey sold 40,428 shares of Prestige Brands Holdings stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $33.35, for a total transaction of $1,348,273.80. Following the sale, the vice president now directly owns 15,282 shares of the company’s stock, valued at approximately $509,655. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on PBH shares. Analysts at Jefferies Group raised their price target on shares of Prestige Brands Holdings from $26.00 to $27.00 in a research note on Monday, April 28th. They now have a “hold” rating on the stock. Separately, analysts at B. Riley raised their price target on shares of Prestige Brands Holdings from $43.00 to $57.00 in a research note on Monday, April 28th. They now have a “buy” rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Prestige Brands Holdings from $32.00 to $37.00 in a research note on Monday, April 28th. They now have an “outperform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $36.70.
Prestige Brands Holdings (NYSE:PBH) traded up 0.12% during mid-day trading on Friday, hitting $33.69. The stock had a trading volume of 292,037 shares. Prestige Brands Holdings has a 1-year low of $24.94 and a 1-year high of $36.69. The stock’s 50-day moving average is $30.80 and its 200-day moving average is $31.29. The company has a market cap of $1.746 billion and a price-to-earnings ratio of 24.21.
Prestige Brands Holdings (NYSE:PBH) last released its earnings data on Thursday, May 15th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.02. The company had revenue of $144.30 million for the quarter, compared to the consensus estimate of $147.60 million. During the same quarter in the prior year, the company posted $0.36 earnings per share. Analysts expect that Prestige Brands Holdings will post $1.79 EPS for the current fiscal year.
Prestige Brands Holdings, Inc (NYSE:PBH) is a holding company.
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