Prestige Brands Holdings EVP Unloads $766,999 in Stock (PBH)
Prestige Brands Holdings (NYSE:PBH) EVP Timothy Connors sold 22,807 shares of Prestige Brands Holdings stock on the open market in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $33.63, for a total value of $766,999.41. Following the sale, the executive vice president now directly owns 45,965 shares in the company, valued at approximately $1,545,803. The sale was disclosed in a filing with the SEC, which is available at this link.
Shares of Prestige Brands Holdings (NYSE:PBH) traded down 0.39% during mid-day trading on Tuesday, hitting $33.63. The stock had a trading volume of 199,286 shares. Prestige Brands Holdings has a one year low of $24.94 and a one year high of $36.69. The stock has a 50-day moving average of $33.8 and a 200-day moving average of $31.3. The company has a market cap of $1.743 billion and a P/E ratio of 24.29.
Prestige Brands Holdings (NYSE:PBH) last posted its quarterly earnings results on Thursday, May 15th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the 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 previous year, the company posted $0.36 earnings per share. On average, analysts predict that Prestige Brands Holdings will post $1.79 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. 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 analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Prestige Brands Holdings currently has a consensus rating of “Buy” and a consensus price target of $36.70.
Prestige Brands Holdings, Inc (NYSE:PBH) is a holding company.
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