Prestige Brand Holdings, Inc. (NYSE:PBH) – Equities research analysts at William Blair cut their Q2 2018 earnings per share estimates for shares of Prestige Brand Holdings in a report released on Thursday. William Blair analyst J. Andersen now anticipates that the company will earn $0.66 per share for the quarter, down from their prior estimate of $0.68. William Blair also issued estimates for Prestige Brand Holdings’ Q3 2018 earnings at $0.71 EPS, Q4 2018 earnings at $0.65 EPS, FY2018 earnings at $2.68 EPS and FY2019 earnings at $2.88 EPS.

Prestige Brand Holdings (NYSE:PBH) last posted its quarterly earnings results on Thursday, August 3rd. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.03. Prestige Brand Holdings had a net margin of 11.70% and a return on equity of 16.06%. The firm had revenue of $256.57 million for the quarter, compared to analyst estimates of $255.64 million. During the same quarter last year, the firm posted $0.59 earnings per share. Prestige Brand Holdings’s revenue for the quarter was up 22.4% compared to the same quarter last year.

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Several other brokerages have also recently commented on PBH. Zacks Investment Research raised Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research note on Thursday, July 13th. UBS AG raised Prestige Brand Holdings from a “market perform” rating to an “outperform” rating in a research note on Monday, May 22nd. Raymond James Financial, Inc. raised Prestige Brand Holdings from a “market perform” rating to an “outperform” rating and set a $55.00 price target for the company in a research note on Monday, May 22nd. Jefferies Group LLC lowered their price target on Prestige Brand Holdings from $49.00 to $45.00 and set an “underperform” rating for the company in a research note on Friday, May 12th. Finally, BidaskClub cut Prestige Brand Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating to the company’s stock. Prestige Brand Holdings currently has an average rating of “Buy” and an average price target of $63.71.

Prestige Brand Holdings (NYSE:PBH) opened at 53.01 on Monday. The company has a 50-day moving average of $52.12 and a 200 day moving average of $54.10. Prestige Brand Holdings has a 12-month low of $44.64 and a 12-month high of $59.63. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 40.78 and a beta of 1.18.

Large investors have recently made changes to their positions in the company. First Mercantile Trust Co. boosted its stake in shares of Prestige Brand Holdings by 2.4% in the second quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock worth $112,000 after buying an additional 50 shares during the last quarter. Oakbrook Investments LLC bought a new stake in shares of Prestige Brand Holdings during the second quarter worth about $206,000. LS Investment Advisors LLC boosted its stake in shares of Prestige Brand Holdings by 16.4% in the second quarter. LS Investment Advisors LLC now owns 4,472 shares of the company’s stock worth $236,000 after buying an additional 630 shares during the last quarter. Regent Investment Management LLC bought a new stake in shares of Prestige Brand Holdings during the first quarter worth about $240,000. Finally, Marshall Wace North America L.P. bought a new stake in shares of Prestige Brand Holdings during the second quarter worth about $257,000. 98.19% of the stock is owned by hedge funds and other institutional investors.

Prestige Brand Holdings Company Profile

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.

Earnings History and Estimates for Prestige Brand Holdings (NYSE:PBH)

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