Prestige Brand Holdings (PBH) Receives Coverage Optimism Rating of 0.22
Media coverage about Prestige Brand Holdings (NYSE:PBH) has trended somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Prestige Brand Holdings earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.5482506975874 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
A number of equities analysts have issued reports on PBH shares. KeyCorp reaffirmed a “buy” rating and issued a $61.00 target price on shares of Prestige Brand Holdings in a research report on Wednesday, September 6th. Zacks Investment Research raised Prestige Brand Holdings from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research report on Thursday, July 13th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $55.00 target price (up from $54.00) on shares of Prestige Brand Holdings in a research report on Monday. Finally, BidaskClub raised Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. 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 company presently has an average rating of “Buy” and an average price target of $64.14.
Shares of Prestige Brand Holdings (PBH) opened at 50.91 on Thursday. Prestige Brand Holdings has a one year low of $44.64 and a one year high of $59.63. The stock has a 50 day moving average price of $50.32 and a 200-day moving average price of $52.58. The company has a market capitalization of $2.70 billion, a P/E ratio of 25.14 and a beta of 1.19.
Prestige Brand Holdings (NYSE:PBH) last announced its earnings results on Thursday, August 3rd. The company reported $0.66 earnings per share for the quarter, beating the 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 during the quarter, compared to the consensus estimate of $255.64 million. During the same quarter in the prior year, the company earned $0.59 EPS. The firm’s revenue for the quarter was up 22.4% compared to the same quarter last year. Equities research analysts predict that Prestige Brand Holdings will post $2.64 earnings per share for the current fiscal year.
In related news, SVP Jean A. Boyko sold 12,876 shares of the 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 completion of the sale, the senior vice president now owns 26,566 shares in the company, valued at approximately $1,384,619.92. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.98% of the stock is owned by corporate insiders.
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.
Receive News & Ratings for Prestige Brand Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Prestige Brand Holdings Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.