Superior Plus (TSE:SPB) Sets New 12-Month Low – Time to Sell?

Shares of Superior Plus Corp. (TSE:SPB) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as C$5.23 and last traded at C$5.42, with a volume of 342,736 shares traded. The stock had previously closed at C$5.69.

Key Headlines Impacting Superior Plus

Investors following SPB have been watching these headlines:

• Positive Sentiment: TD upgraded Superior Plus from “sell” to “hold,” setting a C$5.50 target—only modestly above the cited C$5.42 share price. TD analyst rating
• Neutral Sentiment: Superior Plus reported that its Q3 net loss narrowed. However, the earnings report cited a loss of C$0.53 per share, compared with C$0.47 a year earlier, tempering the improvement. Superior Plus Q3 net loss narrows
• Neutral Sentiment: The company declared a fourth-quarter 2026 dividend, which may appeal to income-focused investors; the supplied report does not specify the dividend amount. Superior Plus declares 2026 fourth-quarter dividend

Wall Street Analysts Forecast Growth

A number of analysts recently commented on SPB shares. National Bank Financial set a C$6.50 target price on Superior Plus and gave the company a “sector perform” rating in a research report on Thursday. BMO Capital Markets cut their price target on Superior Plus from C$8.50 to C$6.50 and set a “market perform” rating on the stock in a report on Thursday. Raymond James Financial reduced their price objective on Superior Plus from C$8.50 to C$7.00 and set a “market perform” rating for the company in a research note on Thursday. Desjardins reduced their price objective on Superior Plus from C$8.25 to C$6.50 and set a “hold” rating for the company in a research note on Thursday. Finally, Royal Bank Of Canada downgraded Superior Plus from an “outperform” rating to a “sector perform” rating in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of C$7.62.

Superior Plus Price Performance

The firm has a market capitalization of C$1.16 billion, a PE ratio of 30.11 and a beta of 0.31. The business has a 50-day moving average of C$6.80 and a 200 day moving average of C$7.28. The company has a current ratio of 0.88, a quick ratio of 0.46 and a debt-to-equity ratio of 218.38.

Superior Plus (TSE:SPB) last issued its quarterly earnings data on Tuesday, November 10th. The company reported C($0.53) earnings per share for the quarter. Superior Plus had a net margin of 1.88% and a return on equity of 5.33%. The company had revenue of C$541.12 million for the quarter. During the same quarter in the previous year, the business posted ($0.47) EPS.

About Superior Plus

Superior is a North American distributor and marketer of propane, compressed natural gas (‘CNG’), hydrogen and related products and services, and transports renewable natural gas (‘RNG’) from production facilities to natural gas distribution networks. The company is headquartered in Toronto, Ontario, and trades on the Toronto Stock Exchange (‘TSX’) under the symbol SPB. Superior has approximately 4,400 employees located in Canada and the United States.