Prestige Brand Holdings, Inc. (NYSE:PBH) – Equities researchers at Jefferies Group increased their FY2018 earnings per share estimates for shares of Prestige Brand Holdings in a research note issued to investors on Thursday. Jefferies Group analyst S. Wissink now forecasts that the company will post earnings per share of $2.62 for the year, up from their prior estimate of $2.61. Jefferies Group currently has a “Hold” rating and a $54.00 price objective on the stock. Jefferies Group also issued estimates for Prestige Brand Holdings’ Q1 2019 earnings at $0.70 EPS and FY2019 earnings at $2.82 EPS.

Several other equities analysts also recently commented on the company. Zacks Investment Research downgraded Prestige Brand Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, April 12th. Raymond James Financial, Inc. upgraded Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price objective on the stock in a research note on Monday, May 22nd. BidaskClub upgraded Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 17th. DA Davidson reiterated a “buy” rating and issued a $79.00 price objective on shares of Prestige Brand Holdings in a research note on Monday, May 8th. Finally, UBS AG upgraded Prestige Brand Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, May 22nd. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $63.71.

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

Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.66 EPS for the quarter, beating the 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 analysts’ expectations of $255.64 million. During the same period in the prior year, the firm posted $0.59 earnings per share. The business’s quarterly revenue was up 22.4% compared to the same quarter last year.

Large investors have recently bought and sold shares of the company. Teachers Advisors LLC increased its stake in Prestige Brand Holdings by 5.3% in the fourth quarter. Teachers Advisors LLC now owns 390,828 shares of the company’s stock valued at $20,362,000 after buying an additional 19,522 shares in the last quarter. Macquarie Group Ltd. increased its stake in Prestige Brand Holdings by 33.6% in the fourth quarter. Macquarie Group Ltd. now owns 408,005 shares of the company’s stock valued at $21,257,000 after buying an additional 102,610 shares in the last quarter. Bank of Montreal Can increased its stake in Prestige Brand Holdings by 790.8% in the first quarter. Bank of Montreal Can now owns 47,550 shares of the company’s stock valued at $2,642,000 after buying an additional 42,212 shares in the last quarter. Capstone Asset Management Co. increased its stake in Prestige Brand Holdings by 5.8% in the first quarter. Capstone Asset Management Co. now owns 6,036 shares of the company’s stock valued at $335,000 after buying an additional 330 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in Prestige Brand Holdings by 2.3% in the first quarter. Louisiana State Employees Retirement System now owns 13,400 shares of the company’s stock valued at $745,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 98.19% of the company’s stock.

About Prestige Brand Holdings

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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