Prestige Brand Holdings, Inc. (PBH) Receives $64.83 Consensus PT from Analysts

Shares of Prestige Brand Holdings, Inc. (NYSE:PBH) have earned a consensus recommendation of “Buy” from the eleven analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $64.83.

Several analysts have recently commented on PBH shares. DA Davidson reiterated a “buy” rating and issued a $79.00 price target on shares of Prestige Brand Holdings in a research report on Monday, May 8th. B. Riley reiterated a “buy” rating and issued a $77.00 price target on shares of Prestige Brand Holdings in a research report on Sunday, February 26th. Zacks Investment Research upgraded shares of Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $63.00 price target on the stock in a research report on Wednesday, March 29th. Jefferies Group LLC upgraded shares of Prestige Brand Holdings from an “underperform” rating to a “hold” rating and set a $54.00 price target on the stock in a research report on Friday, June 2nd. Finally, Raymond James Financial, Inc. upgraded shares of Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price target on the stock in a research report on Monday, May 22nd.

Shares of Prestige Brand Holdings (NYSE:PBH) traded up 0.10% on Friday, hitting $52.68. The stock had a trading volume of 488,209 shares. Prestige Brand Holdings has a one year low of $44.64 and a one year high of $59.63. The company’s 50 day moving average is $52.41 and its 200 day moving average is $53.58. The stock has a market cap of $2.79 billion, a PE ratio of 40.52 and a beta of 1.24.

Prestige Brand Holdings (NYSE:PBH) last released its quarterly earnings results on Thursday, May 11th. The company reported $0.54 EPS for the quarter, missing the consensus estimate of $0.55 by $0.01. The business had revenue of $240.70 million during the quarter, compared to analyst estimates of $234.74 million. Prestige Brand Holdings had a net margin of 7.87% and a return on equity of 16.15%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.52 earnings per share. Equities research analysts predict that Prestige Brand Holdings will post $2.63 EPS for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece of content was first posted by BBNS and is the property of of BBNS. If you are accessing this piece of content on another domain, it was illegally copied and reposted in violation of international trademark & copyright legislation. The legal version of this piece of content can be accessed at https://baseballnewssource.com/markets/prestige-brand-holdings-inc-pbh-receives-64-83-consensus-pt-from-analysts/1044068.html.

Hedge funds have recently made changes to their positions in the company. Regent Investment Management LLC purchased a new stake in shares of Prestige Brand Holdings during the first quarter worth about $240,000. GSA Capital Partners LLP purchased a new stake in shares of Prestige Brand Holdings during the fourth quarter worth about $279,000. Eqis Capital Management Inc. purchased a new stake in shares of Prestige Brand Holdings during the first quarter worth about $287,000. Flinton Capital Management LLC purchased a new stake in shares of Prestige Brand Holdings during the fourth quarter worth about $295,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Prestige Brand Holdings during the first quarter worth about $303,000. Hedge funds and other institutional investors own 98.97% of the company’s stock.

About Prestige Brand Holdings

Prestige Brands Holdings, Inc is engaged in the marketing, sales and distribution of over-the-counter healthcare and household cleaning products. The Company operates through three segments: North American Over-the-Counter (OTC) Healthcare; International Over-the-Counter Healthcare, and Household Cleaning.

Receive News & Ratings for Prestige Brand Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prestige Brand Holdings Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Hitters in Major League Baseball on Record Home Run Pace
Hitters in Major League Baseball on Record Home Run Pace
Atlanta Considering Playing Freddie Freeman at Third
Atlanta Considering Playing Freddie Freeman at Third
Injury to Gleyber Torres Adds to Questions About Yankees
Injury to Gleyber Torres Adds to Questions About Yankees
Game Winning Home Run Completes Nolan Arenado Cycle
Game Winning Home Run Completes Nolan Arenado Cycle
New York Yankees and Masahiro Tanaka Hit Hard Again
New York Yankees and Masahiro Tanaka Hit Hard Again
Victor Martinez Diagnosed with Irregular Heartbeat
Victor Martinez Diagnosed with Irregular Heartbeat


Leave a Reply

 
© 2006-2017 BBNS.