Prestige Brand Holdings, Inc. (NYSE:PBH) – Jefferies Group increased their Q4 2018 earnings per share estimates for Prestige Brand Holdings in a research report issued on Thursday. Jefferies Group analyst S. Wissink now expects that the company will post earnings per share of $0.65 for the quarter, up from their prior estimate of $0.64. Jefferies Group has a “Hold” rating and a $50.00 price objective on the stock. Jefferies Group also issued estimates for Prestige Brand Holdings’ Q2 2019 earnings at $0.67 EPS and Q3 2019 earnings at $0.72 EPS.

Other research analysts have also issued reports about the company. KeyCorp set a $61.00 price target on Prestige Brand Holdings and gave the stock a “buy” rating in a report on Monday, October 16th. DA Davidson set a $79.00 price target on Prestige Brand Holdings and gave the stock a “buy” rating in a report on Thursday, October 12th. Zacks Investment Research upgraded Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a report on Wednesday, October 4th. Finally, BidaskClub upgraded Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $63.43.

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Shares of Prestige Brand Holdings (NYSE:PBH) traded up $0.08 during mid-day trading on Monday, hitting $43.07. The stock had a trading volume of 828,680 shares, compared to its average volume of 536,594. The company has a market capitalization of $2,280.14, a price-to-earnings ratio of 17.76, a price-to-earnings-growth ratio of 1.61 and a beta of 1.19. The company has a debt-to-equity ratio of 2.34, a current ratio of 2.06 and a quick ratio of 1.32.

Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.61 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Prestige Brand Holdings had a return on equity of 15.32% and a net margin of 11.03%. The business had revenue of $258.00 million for the quarter, compared to analyst estimates of $267.12 million. During the same quarter last year, the firm earned $0.63 earnings per share. The firm’s quarterly revenue was up 19.9% compared to the same quarter last year.

Large investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Prestige Brand Holdings by 10.9% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock valued at $110,000 after acquiring an additional 205 shares during the period. First Mercantile Trust Co. grew its position in Prestige Brand Holdings by 2.4% in the second quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after acquiring an additional 50 shares during the period. PNC Financial Services Group Inc. grew its position in Prestige Brand Holdings by 90.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the company’s stock valued at $117,000 after acquiring an additional 1,055 shares during the period. Advisor Group Inc. grew its position in Prestige Brand Holdings by 33.2% in the second quarter. Advisor Group Inc. now owns 2,285 shares of the company’s stock valued at $120,000 after acquiring an additional 570 shares during the period. Finally, Riverhead Capital Management LLC grew its position in Prestige Brand Holdings by 78.6% in the second quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after acquiring an additional 1,494 shares during the period. Hedge funds and other institutional investors own 98.56% of the company’s stock.

In other news, SVP Jean A. Boyko sold 12,876 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total transaction of $671,097.12. Following the sale, the senior vice president now directly owns 26,566 shares in the company, valued at $1,384,619.92. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.98% 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.

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

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