Superior Plus (TSE:SPB) Releases Quarterly Earnings Results

Superior Plus (TSE:SPB) released its quarterly earnings data on Thursday. The company reported C$0.33 earnings per share for the quarter, FiscalAI reports. The company had revenue of C($3.43) million during the quarter. Superior Plus had a net margin of 1.80% and a return on equity of 4.21%.

Superior Plus Stock Down 18.4%

SPB stock opened at C$6.48 on Friday. Superior Plus has a twelve month low of C$5.85 and a twelve month high of C$8.34. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. The stock’s 50 day moving average is C$7.27 and its 200-day moving average is C$7.42. The firm has a market capitalization of C$1.44 billion, a PE ratio of 92.57 and a beta of 0.49.

Key Superior Plus News

Here are the key news stories impacting Superior Plus this week:

• Positive Sentiment: TD Securities cut its price target to C$7.00 but kept a “buy” rating, signaling continued conviction in the name despite the lower target. BayStreet.CA
• Positive Sentiment: BMO Capital Markets and CIBC both set price targets of C$8.00 (roughly ~23.6% above the current price), indicating some analysts still see multi‑quarter upside even as they reduced enthusiasm. BayStreet.CA
• Neutral Sentiment: Trading volume is sharply higher today (several million shares vs ~929k average), which confirms broad investor reaction to the analyst notes and earnings but does not by itself indicate whether selling is finished or accelerating further.
• Negative Sentiment: BMO downgraded SPB from “outperform” to “market perform” and CIBC downgraded from “outperform” to “neutral” — the downgrades remove previous upside momentum and likely contributed to the rapid price decline. BayStreet.CA
• Negative Sentiment: Quarterly results: SPB reported C$0.33 EPS but showed revenue listed as C($3.43)M and thin net margins (1.8%) with modest ROE (4.2%). The mixed/tepid fundamentals likely disappointed some investors and amplified selling pressure. Press Release
• Negative Sentiment: Balance-sheet and valuation risks: SPB shows high leverage (debt-to-equity ~193) and weak liquidity ratios, while the trailing P/E is elevated — factors that increase sensitivity to weaker results and analyst downgrades.

Analyst Ratings Changes

Several research firms have weighed in on SPB. National Bank Financial lifted their price target on shares of Superior Plus from C$6.50 to C$7.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 17th. Canadian Imperial Bank of Commerce downgraded Superior Plus from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from C$9.00 to C$8.00 in a research note on Friday. TD Securities cut their price target on Superior Plus from C$8.50 to C$7.00 and set a “buy” rating on the stock in a report on Friday. BMO Capital Markets downgraded Superior Plus from an “outperform” rating to a “market perform” rating and decreased their price objective for the company from C$9.00 to C$8.00 in a report on Friday. Finally, Desjardins increased their target price on Superior Plus from C$9.00 to C$9.75 and gave the stock a “buy” rating in a report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$8.66.

About Superior Plus

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline. By displacing more carbon intensive fuels, Superior is a leader in the energy transition and helping customers lower operating costs and improve environmental performance.