Prestige Brand Holdings, Inc. (PBH) Set to Announce Quarterly Earnings on Wednesday
Prestige Brand Holdings, Inc. (NYSE:PBH) will issue its quarterly earnings data before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $0.66 per share for the quarter. Prestige Brand Holdings has set its FY18 guidance at $2.58-2.68 EPS.
Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.63 by $0.03. The firm had revenue of $256.57 million during the quarter, compared to the consensus estimate of $255.64 million. Prestige Brand Holdings had a net margin of 11.70% and a return on equity of 16.06%. The business’s revenue for the quarter was up 22.4% compared to the same quarter last year. During the same period last year, the business posted $0.59 earnings per share. On average, analysts expect Prestige Brand Holdings to post $2.64 EPS for the current fiscal year and $2.88 EPS for the next fiscal year.
Shares of Prestige Brand Holdings, Inc. (PBH) opened at 47.72 on Wednesday. The firm has a market capitalization of $2.53 billion, a P/E ratio of 23.57 and a beta of 1.19. The firm’s 50-day moving average is $49.26 and its 200 day moving average is $51.75. Prestige Brand Holdings, Inc. has a 12 month low of $44.64 and a 12 month high of $59.63.
In related news, SVP Jean A. Boyko sold 12,876 shares of the firm’s stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $52.12, for a total value of $671,097.12. Following the transaction, the senior vice president now owns 26,566 shares of the company’s stock, valued at $1,384,619.92. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.98% of the company’s stock.
A number of analysts recently commented on PBH shares. Zacks Investment Research cut shares of Prestige Brand Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. Jefferies Group LLC reissued a “hold” rating and issued a $54.00 price target on shares of Prestige Brand Holdings in a report on Wednesday, August 16th. DA Davidson set a $79.00 price target on shares of Prestige Brand Holdings and gave the stock a “buy” rating in a report on Thursday, October 12th. KeyCorp set a $61.00 price target on shares of Prestige Brand Holdings and gave the stock a “buy” rating in a report on Monday, October 16th. Finally, BidaskClub lowered shares of Prestige Brand Holdings from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $64.14.
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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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