Atb Cap Markets Lowers Earnings Estimates for Superior Plus

Superior Plus Corp. (TSE:SPB) – Atb Cap Markets decreased their Q1 2025 earnings per share estimates for shares of Superior Plus in a report released on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now forecasts that the company will earn $0.56 per share for the quarter, down from their previous estimate of $0.59. Atb Cap Markets also issued estimates for Superior Plus’ FY2025 earnings at $0.29 EPS.

Several other equities analysts have also recently weighed in on the company. Raymond James raised Superior Plus from a “hold” rating to a “moderate buy” rating in a research report on Friday, February 28th. BMO Capital Markets boosted their price objective on Superior Plus from C$8.00 to C$9.00 and gave the stock an “outperform” rating in a research report on Thursday, April 3rd. TD Securities boosted their price objective on Superior Plus from C$9.00 to C$9.50 and gave the stock a “buy” rating in a research report on Thursday, April 3rd. Scotiabank raised Superior Plus from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from C$7.50 to C$9.50 in a research report on Monday, April 7th. Finally, National Bankshares boosted their price objective on Superior Plus from C$6.50 to C$7.50 and gave the stock a “sector perform” rating in a research report on Thursday, April 3rd. Two analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$9.85.

Superior Plus Stock Performance

SPB opened at C$6.88 on Monday. The company has a market cap of C$1.16 billion, a PE ratio of 25.30 and a beta of 0.76. The stock has a 50-day moving average of C$6.59 and a 200-day moving average of C$6.52. Superior Plus has a 52-week low of C$5.15 and a 52-week high of C$9.60. The company has a debt-to-equity ratio of 193.35, a quick ratio of 0.46 and a current ratio of 0.67.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.