Prestige Brand Holdings, Inc. (NYSE:PBH) – Investment analysts at KeyCorp reduced their Q2 2018 earnings per share (EPS) estimates for Prestige Brand Holdings in a note issued to investors on Thursday. KeyCorp analyst J. Gere now forecasts that the company will earn $0.66 per share for the quarter, down from their previous forecast of $0.71. KeyCorp also issued estimates for Prestige Brand Holdings’ Q1 2019 earnings at $0.72 EPS, Q2 2019 earnings at $0.72 EPS and Q4 2019 earnings at $0.71 EPS.

Other equities research analysts have also issued reports about the company. Jefferies Group LLC upped their price objective on Prestige Brand Holdings from $47.00 to $49.00 and gave the stock an “underperform” rating in a research note on Wednesday, April 19th. UBS AG upgraded Prestige Brand Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, May 22nd. Zacks Investment Research upgraded Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Thursday, July 13th. BidaskClub upgraded Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Finally, DA Davidson restated a “buy” rating and issued a $79.00 price objective on shares of Prestige Brand Holdings in a research note on Monday, May 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $63.71.

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Prestige Brand Holdings (PBH) opened at 53.01 on Monday. The stock has a 50 day moving average price of $52.12 and a 200-day moving average price of $54.10. The company has a market capitalization of $2.81 billion, a price-to-earnings ratio of 40.78 and a beta of 1.18. Prestige Brand Holdings has a 12-month low of $44.64 and a 12-month high of $59.63.

Prestige Brand Holdings (NYSE:PBH) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.66 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.03. Prestige Brand Holdings had a return on equity of 16.06% and a net margin of 11.70%. The firm had revenue of $256.57 million during the quarter, compared to analyst estimates of $255.64 million. During the same period last year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 22.4% on a year-over-year basis.

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Wesbanco Bank Inc. increased its position in shares of Prestige Brand Holdings by 9.7% in the first quarter. Wesbanco Bank Inc. now owns 59,672 shares of the company’s stock valued at $3,315,000 after buying an additional 5,255 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Prestige Brand Holdings by 63.3% in the first quarter. Russell Investments Group Ltd. now owns 253,576 shares of the company’s stock valued at $14,089,000 after buying an additional 98,309 shares in the last quarter. Glen Harbor Capital Management LLC increased its position in shares of Prestige Brand Holdings by 4.2% in the first quarter. Glen Harbor Capital Management LLC now owns 10,332 shares of the company’s stock valued at $574,000 after buying an additional 420 shares in the last quarter. Dock Street Asset Management Inc. purchased a new position in shares of Prestige Brand Holdings during the first quarter valued at $1,237,000. Finally, Acadian Asset Management LLC increased its position in shares of Prestige Brand Holdings by 463.2% in the first quarter. Acadian Asset Management LLC now owns 554,077 shares of the company’s stock valued at $30,788,000 after buying an additional 455,704 shares in the last quarter. 98.19% of the stock is owned by institutional investors.

Prestige Brand Holdings Company Profile

Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.

Earnings History and Estimates for Prestige Brand Holdings (NYSE:PBH)

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