KeyCorp set a $61.00 price target on Prestige Brand Holdings, Inc. (NYSE:PBH) in a research note published on Monday morning. The firm currently has a buy rating on the stock.

Several other equities analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Prestige Brand Holdings from a buy rating to a hold rating in a research report on Wednesday, August 2nd. BidaskClub lowered shares of Prestige Brand Holdings from a sell rating to a strong sell rating in a research report on Wednesday, July 12th. Jefferies Group LLC reaffirmed a hold rating and set a $54.00 price target on shares of Prestige Brand Holdings in a research report on Friday, July 14th. Finally, DA Davidson set a $79.00 price target on shares of Prestige Brand Holdings and gave the stock a buy rating in a research report on Thursday, October 12th. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $64.14.

Prestige Brand Holdings (NYSE:PBH) traded down 0.25% on Monday, hitting $47.78. 10,821 shares of the stock traded hands. Prestige Brand Holdings has a 52 week low of $44.64 and a 52 week high of $59.63. The firm’s 50 day moving average is $49.80 and its 200 day moving average is $52.16. The stock has a market cap of $2.53 billion, a price-to-earnings ratio of 23.60 and a beta of 1.19.

Prestige Brand Holdings (NYSE:PBH) last issued its quarterly earnings data on Thursday, August 3rd. The company reported $0.66 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.03. The company had revenue of $256.57 million for the quarter, compared to analyst estimates of $255.64 million. Prestige Brand Holdings had a net margin of 11.70% and a return on equity of 16.06%. The company’s revenue was up 22.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.59 earnings per share. Equities analysts anticipate that Prestige Brand Holdings will post $2.64 earnings per share for the current year.

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

Several institutional investors and hedge funds have recently bought and sold shares of PBH. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Prestige Brand Holdings by 10.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock valued at $110,000 after purchasing an additional 205 shares in the last quarter. First Mercantile Trust Co. boosted its stake in shares of Prestige Brand Holdings by 2.4% in the 2nd quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after purchasing an additional 50 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of Prestige Brand Holdings by 90.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the company’s stock valued at $117,000 after purchasing an additional 1,055 shares in the last quarter. Advisor Group Inc. boosted its stake in shares of Prestige Brand Holdings by 33.2% in the 2nd quarter. Advisor Group Inc. now owns 2,285 shares of the company’s stock valued at $120,000 after purchasing an additional 570 shares in the last quarter. Finally, Riverhead Capital Management LLC boosted its stake in shares of Prestige Brand Holdings by 78.6% in the 2nd quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after purchasing an additional 1,494 shares in the last quarter. Institutional investors own 98.56% 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.

Analyst Recommendations for Prestige Brand Holdings (NYSE:PBH)

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