Superior Plus FY2025 EPS Lowered by National Bank Financial

Superior Plus Corp. (TSE:SPB) – Investment analysts at National Bank Financial cut their FY2025 earnings estimates for Superior Plus in a research report issued on Thursday, February 27th. National Bank Financial analyst P. Kenny now expects that the company will post earnings per share of $0.68 for the year, down from their previous forecast of $0.81.

Several other equities analysts also recently weighed in on SPB. TD Securities raised their price target on shares of Superior Plus from C$7.50 to C$9.00 in a research note on Thursday, December 5th. CIBC raised their price target on shares of Superior Plus from C$8.50 to C$9.00 and gave the stock an “outperform” rating in a research note on Thursday, January 9th. Raymond James raised shares of Superior Plus from a “hold” rating to a “moderate buy” rating in a research note on Friday, February 28th. Cibc World Mkts raised shares of Superior Plus to a “strong-buy” rating in a research note on Friday, November 8th. Finally, Scotiabank decreased their price target on shares of Superior Plus from C$12.00 to C$9.00 in a research note on Monday, November 11th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$9.95.

Superior Plus Stock Down 0.7 %

Shares of TSE SPB opened at C$6.73 on Monday. The company’s 50-day simple moving average is C$6.22 and its 200-day simple moving average is C$6.81. Superior Plus has a 52-week low of C$5.15 and a 52-week high of C$10.36. The firm has a market cap of C$1.13 billion, a price-to-earnings ratio of 24.74 and a beta of 0.76. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35.

Insiders Place Their Bets

In related news, Senior Officer Natasha Anne Cherednichenko purchased 4,800 shares of Superior Plus stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of C$6.13 per share, with a total value of C$29,445.12. 0.54% of the stock is owned by insiders.

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.