FY2025 EPS Estimates for Superior Plus Corp. (TSE:SPB) Lifted by Analyst

Superior Plus Corp. (TSE:SPB) – Stock analysts at National Bank Financial raised their FY2025 EPS estimates for shares of Superior Plus in a note issued to investors on Wednesday, August 14th. National Bank Financial analyst P. Kenny now expects that the company will post earnings of $0.92 per share for the year, up from their previous estimate of $0.89. National Bank Financial currently has a “Hold” rating on the stock. The consensus estimate for Superior Plus’ current full-year earnings is $0.26 per share.

Several other research firms have also commented on SPB. BMO Capital Markets reduced their price target on Superior Plus from C$12.00 to C$10.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 14th. ATB Capital decreased their target price on shares of Superior Plus from C$13.00 to C$12.00 in a research note on Thursday, August 15th. Royal Bank of Canada cut their price objective on shares of Superior Plus from C$13.00 to C$11.00 in a report on Thursday, August 15th. Desjardins dropped their price target on shares of Superior Plus from C$13.50 to C$11.50 and set a “buy” rating for the company in a research note on Thursday, July 18th. Finally, Scotiabank reduced their price objective on shares of Superior Plus from C$12.00 to C$9.00 in a research note on Monday. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Superior Plus presently has an average rating of “Hold” and a consensus price target of C$10.55.

Superior Plus Trading Down 1.8 %

TSE:SPB opened at C$7.65 on Monday. Superior Plus has a 12 month low of C$7.51 and a 12 month high of C$10.90. The business’s 50-day moving average is C$8.34 and its two-hundred day moving average is C$9.11. The company has a debt-to-equity ratio of 129.19, a current ratio of 0.96 and a quick ratio of 0.46. The firm has a market capitalization of C$1.90 billion, a PE ratio of 40.43 and a beta of 0.77.

Insiders Place Their Bets

In related news, Senior Officer Kirsten Olsen acquired 3,765 shares of the stock in a transaction that occurred on Monday, May 27th. The shares were acquired at an average price of C$9.37 per share, for a total transaction of C$35,278.05. 0.54% of the stock is currently owned by insiders.

Superior Plus Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 9.41%. The ex-dividend date is Friday, September 27th.

Superior Plus Company Profile

Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.