Cormark Decreases Earnings Estimates for Premium Brands

Premium Brands Holdings Co. (TSE:PBH) – Equities research analysts at Cormark cut their FY2025 earnings per share estimates for Premium Brands in a research note issued on Tuesday, November 11th. Cormark analyst K. Mcphee now anticipates that the company will post earnings per share of $4.69 for the year, down from their previous forecast of $5.07. The consensus estimate for Premium Brands’ current full-year earnings is $6.04 per share. Cormark also issued estimates for Premium Brands’ Q1 2027 earnings at $1.55 EPS, Q2 2027 earnings at $2.39 EPS and Q3 2027 earnings at $2.42 EPS.

Several other analysts also recently issued reports on PBH. CIBC upped their price objective on shares of Premium Brands from C$108.00 to C$115.00 in a report on Tuesday. National Bankshares boosted their target price on shares of Premium Brands from C$99.00 to C$101.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 7th. TD Securities raised their price target on Premium Brands from C$140.00 to C$145.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Royal Bank Of Canada lifted their price objective on Premium Brands from C$108.00 to C$118.00 in a research note on Tuesday, November 4th. Finally, Canaccord Genuity Group increased their target price on Premium Brands from C$100.00 to C$118.00 in a research note on Thursday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of C$113.73.

Premium Brands Trading Down 0.3%

Shares of PBH stock opened at C$88.64 on Wednesday. Premium Brands has a 12 month low of C$72.57 and a 12 month high of C$99.90. The company has a market cap of C$3.96 billion, a PE ratio of 42.62, a price-to-earnings-growth ratio of 1.10 and a beta of 0.40. The company has a quick ratio of 1.16, a current ratio of 1.51 and a debt-to-equity ratio of 163.00. The business’s 50 day moving average is C$94.42 and its two-hundred day moving average is C$88.32.

Premium Brands Company Profile

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company’s business segments include Specialty Foods, Premium Food Distribution, and Corporate.