Premium Brands Holdings Corp (PBH) Announces Quarterly Earnings, Beats Estimates By $0.18 EPS
Premium Brands Holdings Corp (TSE:PBH) posted its quarterly earnings results on Friday. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.18, AnalystRatingsNetwork reports.
On the ratings front, analysts at Cormark initiated coverage on shares of Premium Brands Holdings Corp in a research note on Thursday, July 24th. They set a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of C$21.38.
Shares of Premium Brands Holdings Corp (TSE:PBH) opened at 22.40 on Friday. Premium Brands Holdings Corp has a one year low of $18.10 and a one year high of $24.55. The stock’s 50-day moving average is $21.57 and its 200-day moving average is $21.87. The company has a market cap of $493.6 million and a P/E ratio of 35.27.
Premium Brands Holdings Corporation owns a range of specialty food manufacturing and differentiated food distribution businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada and Washington State.
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