Equities research analysts forecast that Prestige Brands (NYSE:PBH) will post $0.61 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Prestige Brands’ earnings. The lowest EPS estimate is $0.61 and the highest is $0.62. Prestige Brands posted earnings per share of $0.54 in the same quarter last year, which suggests a positive year over year growth rate of 13%. The company is expected to issue its next earnings results before the market opens on Thursday, May 10th.
According to Zacks, analysts expect that Prestige Brands will report full-year earnings of $2.58 per share for the current financial year, with EPS estimates ranging from $2.58 to $2.60. For the next year, analysts expect that the firm will report earnings of $3.05 per share, with EPS estimates ranging from $2.77 to $3.30. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Prestige Brands.
Prestige Brands (NYSE:PBH) last issued its quarterly earnings data on Thursday, February 1st. The company reported $0.70 EPS for the quarter, meeting the consensus estimate 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 for the quarter, compared to analyst estimates of $270.25 million. During the same period last year, the company earned $0.61 earnings per share. Prestige Brands’s quarterly revenue was up 24.8% compared to the same quarter last year.
A number of brokerages have recently issued reports on PBH. ValuEngine lowered Prestige Brands from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. TheStreet lowered Prestige Brands from a “b-” rating to a “c+” rating in a research note on Friday, February 9th. DA Davidson lowered Prestige Brands from a “buy” rating to a “neutral” rating and set a $79.00 price target on the stock. in a research note on Friday, February 2nd. KeyCorp lowered their price target on Prestige Brands from $54.00 to $43.00 and set an “overweight” rating on the stock in a research note on Monday, February 5th. Finally, Zacks Investment Research raised Prestige Brands from a “sell” rating to a “hold” rating in a research note on Thursday, January 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $75.29.
In other Prestige Brands news, Director Natale S. Ricciardi bought 3,000 shares of Prestige Brands stock in a transaction on Wednesday, February 7th. The shares were bought at an average price of $37.04 per share, for a total transaction of $111,120.00. Following the completion of the transaction, the director now directly owns 7,806 shares of the company’s stock, valued at $289,134.24. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Ronald M. Lombardi bought 7,000 shares of Prestige Brands stock in a transaction on Monday, February 5th. The stock was acquired at an average price of $35.94 per share, for a total transaction of $251,580.00. Following the transaction, the chief executive officer now directly owns 138,969 shares of the company’s stock, valued at $4,994,545.86. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 19,000 shares of company stock worth $679,575. 0.98% of the stock is currently owned by company insiders.
Large investors have recently bought and sold shares of the business. D.A. Davidson & CO. purchased a new stake in Prestige Brands in the fourth quarter valued at $240,000. Gator Capital Management LLC purchased a new stake in Prestige Brands in the fourth quarter valued at $263,000. Mutual Advisors LLC purchased a new stake in Prestige Brands in the fourth quarter valued at $273,000. First Trust Advisors LP purchased a new stake in Prestige Brands in the fourth quarter valued at $313,000. Finally, ING Groep NV raised its position in Prestige Brands by 23.3% in the fourth quarter. ING Groep NV now owns 8,003 shares of the company’s stock valued at $355,000 after purchasing an additional 1,512 shares during the period.
Shares of NYSE:PBH opened at $31.21 on Monday. The company has a current ratio of 2.19, a quick ratio of 1.43 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $1,687.70, a PE ratio of 12.68, a PEG ratio of 1.10 and a beta of 1.16. Prestige Brands has a 1 year low of $31.18 and a 1 year high of $58.22.
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Prestige Brands Company Profile
Prestige Brands Holdings, Inc, through its subsidiaries, markets, sells, manufactures, and distributes over-the-counter (OTC) healthcare and household cleaning products in North America, Australia, and internationally. It operates through North American OTC Healthcare, International OTC Healthcare, and Household Cleaning segments.
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