Prestige Brand Holdings, Inc. (NYSE:PBH) has been assigned an average recommendation of “Buy” from the ten analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $65.17.

PBH has been the topic of a number of analyst reports. KeyCorp reiterated a “buy” rating and set a $61.00 price objective on shares of Prestige Brand Holdings in a research report on Wednesday, September 6th. Zacks Investment Research upgraded Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research report on Thursday, July 13th. Jefferies Group LLC upgraded Prestige Brand Holdings from an “underperform” rating to a “hold” rating and set a $54.00 price objective on the stock in a research report on Friday, June 2nd. Finally, BidaskClub upgraded Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 17th.

Prestige Brand Holdings (NYSE:PBH) traded down 0.43% during trading on Friday, hitting $49.11. The stock had a trading volume of 427,476 shares. The company’s 50 day moving average is $51.10 and its 200-day moving average is $53.13. Prestige Brand Holdings has a 12 month low of $44.64 and a 12 month high of $59.63. The company has a market cap of $2.60 billion, a PE ratio of 24.25 and a beta of 1.20.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.03. Prestige Brand Holdings had a return on equity of 16.06% and a net margin of 11.70%. The firm had revenue of $256.57 million for the quarter, compared to the consensus estimate of $255.64 million. During the same quarter last year, the business posted $0.59 earnings per share. The firm’s revenue was up 22.4% compared to the same quarter last year. On average, equities research analysts predict that Prestige Brand Holdings will post $2.64 earnings per share for the current year.

In other Prestige Brand Holdings news, SVP Jean A. Boyko sold 12,876 shares of Prestige Brand Holdings stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total value of $671,097.12. Following the sale, the senior vice president now owns 26,566 shares in the company, valued at $1,384,619.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.98% of the stock is owned by insiders.

A number of large investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in Prestige Brand Holdings by 11,872.9% in the first quarter. BlackRock Inc. now owns 6,970,978 shares of the company’s stock valued at $387,306,000 after purchasing an additional 6,912,755 shares during the period. Vanguard Group Inc. raised its position in Prestige Brand Holdings by 2.0% in the second quarter. Vanguard Group Inc. now owns 5,791,429 shares of the company’s stock valued at $305,845,000 after purchasing an additional 110,954 shares during the period. FMR LLC raised its position in Prestige Brand Holdings by 56.7% in the second quarter. FMR LLC now owns 2,565,578 shares of the company’s stock valued at $135,487,000 after purchasing an additional 927,927 shares during the period. State Street Corp raised its position in Prestige Brand Holdings by 4.9% in the second quarter. State Street Corp now owns 1,983,624 shares of the company’s stock valued at $104,752,000 after purchasing an additional 92,687 shares during the period. Finally, Voya Investment Management LLC raised its position in Prestige Brand Holdings by 0.7% in the second quarter. Voya Investment Management LLC now owns 1,506,023 shares of the company’s stock valued at $79,533,000 after purchasing an additional 9,860 shares during the period. Institutional investors own 98.56% of the company’s stock.

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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.

Analyst Recommendations for Prestige Brand Holdings (NYSE:PBH)

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