Wall Street analysts expect that Prestige Brand Holdings, Inc. (NYSE:PBH) will post earnings of $0.66 per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for Prestige Brand Holdings’ earnings, with the lowest EPS estimate coming in at $0.66 and the highest estimate coming in at $0.67. Prestige Brand Holdings reported earnings per share of $0.63 during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.8%. The business is expected to issue its next quarterly earnings results before the market opens on Thursday, November 2nd.

According to Zacks, analysts expect that Prestige Brand Holdings will report full year earnings of $2.64 per share for the current fiscal year, with EPS estimates ranging from $2.60 to $2.68. For the next fiscal year, analysts anticipate that the business will report earnings of $2.88 per share, with EPS estimates ranging from $2.85 to $2.90. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Prestige Brand Holdings.

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

A number of research firms have weighed in on PBH. Jefferies Group LLC restated a “hold” rating and set a $54.00 price objective on shares of Prestige Brand Holdings in a research report on Wednesday, August 16th. Zacks Investment Research cut shares of Prestige Brand Holdings from a “buy” rating to a “hold” rating in a research report on Thursday. KeyCorp set a $61.00 target price on shares of Prestige Brand Holdings and gave the company a “buy” rating in a research report on Monday, October 16th. BidaskClub upgraded shares of Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Finally, DA Davidson set a $79.00 target price on shares of Prestige Brand Holdings and gave the company a “buy” rating in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the stock. Prestige Brand Holdings currently has an average rating of “Buy” and a consensus price target of $64.14.

In other news, SVP Jean A. Boyko sold 12,876 shares of the stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $52.12, for a total value of $671,097.12. Following the completion of the sale, the senior vice president now directly owns 26,566 shares in the company, valued at $1,384,619.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.98% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Prestige Brand Holdings by 10.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock valued at $110,000 after purchasing an additional 205 shares during the period. First Mercantile Trust Co. grew its holdings in shares of Prestige Brand Holdings by 2.4% in the second quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after purchasing an additional 50 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Prestige Brand Holdings by 90.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the company’s stock valued at $117,000 after purchasing an additional 1,055 shares during the period. Advisor Group Inc. grew its holdings in shares of Prestige Brand Holdings by 33.2% in the second quarter. Advisor Group Inc. now owns 2,285 shares of the company’s stock valued at $120,000 after purchasing an additional 570 shares during the period. Finally, Riverhead Capital Management LLC grew its holdings in shares of Prestige Brand Holdings by 78.6% in the second quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after purchasing an additional 1,494 shares during the period. 98.56% of the stock is owned by hedge funds and other institutional investors.

Prestige Brand Holdings (NYSE PBH) traded down 1.39% during trading on Monday, reaching $47.40. 442,641 shares of the company traded hands. The firm has a 50-day moving average price of $49.40 and a 200-day moving average price of $51.93. The company has a market capitalization of $2.51 billion, a P/E ratio of 23.41 and a beta of 1.19. Prestige Brand Holdings has a 52 week low of $44.64 and a 52 week high of $59.63.

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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.

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

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