Prestige Brands Holdings, Inc. (NYSE:PBH) Director Natale S. Ricciardi bought 3,000 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were bought at an average cost of $37.04 per share, with a total value of $111,120.00. Following the transaction, the director now directly owns 7,806 shares of the company’s stock, valued at $289,134.24. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Prestige Brands Holdings, Inc. (NYSE PBH) traded down $1.54 during mid-day trading on Thursday, hitting $35.35. The stock had a trading volume of 1,485,284 shares, compared to its average volume of 894,681. Prestige Brands Holdings, Inc. has a one year low of $35.03 and a one year high of $59.63. The firm has a market capitalization of $1,890.00, a price-to-earnings ratio of 4.89, a PEG ratio of 1.52 and a beta of 1.05. The company has a current ratio of 2.19, a quick ratio of 1.43 and a debt-to-equity ratio of 1.69.
Prestige Brands (NYSE:PBH) last issued its quarterly earnings results on Thursday, February 1st. The company reported $0.70 EPS for the quarter, hitting analysts’ consensus estimates of $0.70. Prestige Brands had a return on equity of 14.14% and a net margin of 38.05%. The company had revenue of $270.62 million during the quarter, compared to analyst estimates of $270.25 million. During the same period in the previous year, the company earned $0.61 earnings per share. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. equities analysts expect that Prestige Brands Holdings, Inc. will post 2.58 EPS for the current fiscal year.
A number of brokerages have issued reports on PBH. KeyCorp reaffirmed an “overweight” rating and set a $43.00 target price (down previously from $54.00) on shares of Prestige Brands in a research report on Monday. DA Davidson cut Prestige Brands from a “buy” rating to a “neutral” rating and set a $79.00 target price for the company. in a research report on Friday, February 2nd. William Blair raised Prestige Brands from a “market perform” rating to an “outperform” rating in a research report on Monday, December 4th. BMO Capital Markets raised Prestige Brands from a “market perform” rating to an “outperform” rating in a research report on Wednesday, November 15th. Finally, TD Securities reiterated a “buy” rating and set a $125.00 price target on shares of Prestige Brands in a report on Thursday, November 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $75.50.
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About Prestige Brands
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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