Premium Brands (TSE:PBH) will announce its earnings results before the market opens on Tuesday, August 13th. Analysts expect the company to announce earnings of C$0.72 per share for the quarter.

Premium Brands (TSE:PBH) last posted its quarterly earnings results on Monday, May 13th. The company reported C$0.52 EPS for the quarter, topping the consensus estimate of C$0.47 by C$0.05. The company had revenue of C$776.60 million for the quarter, compared to analyst estimates of C$801.50 million.

PBH stock opened at C$93.33 on Monday. The company has a debt-to-equity ratio of 187.13, a quick ratio of 0.73 and a current ratio of 1.70. The firm has a market capitalization of $3.46 billion and a PE ratio of 32.63. The stock’s 50 day moving average is C$93.26. Premium Brands has a 52 week low of C$66.99 and a 52 week high of C$107.48.

Several analysts recently commented on the stock. TD Securities raised their price target on shares of Premium Brands from C$93.00 to C$96.00 and gave the stock a “buy” rating in a report on Wednesday, May 22nd. Royal Bank of Canada raised their price target on shares of Premium Brands from C$101.00 to C$103.00 and gave the stock an “outperform” rating in a report on Tuesday, July 23rd. CIBC raised their price target on shares of Premium Brands from C$84.00 to C$94.00 in a report on Thursday. National Bank Financial raised their price target on shares of Premium Brands from C$96.00 to C$101.00 in a report on Tuesday, June 25th. Finally, Desjardins upgraded shares of Premium Brands from a “hold” rating to a “buy” rating and raised their price target for the stock from C$83.00 to C$103.00 in a report on Wednesday, July 10th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of C$97.22.

In related news, Senior Officer Douglas Owen Goss purchased 560 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The stock was acquired at an average cost of C$85.54 per share, for a total transaction of C$47,902.40. Following the completion of the acquisition, the insider now owns 33,541 shares in the company, valued at approximately C$2,869,097.14.

Premium Brands Company Profile

Premium Brands Holdings Corporation, through its subsidiaries, manufactures and distributes food products primarily in Canada and the United States. It operates in two segments, Specialty Foods and Premium Food Distribution. The company provides meat products and snacks, deli products, beef jerky and halal, sandwiches, pastries, specialty and gourmet products, salads and kettle products, entres, panini, wraps, subs, hamburgers, burgers, muffins, breads, and baking and sushi products.

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Earnings History for Premium Brands (TSE:PBH)

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