During the same period a year ago, the firm posted $1.16 earnings per share. The company is expected to announce its next quarterly earnings results on Thursday, July 27th.
Nationwide Fund Advisors reduced its stake in shares of Prestige Brands Holdings, Inc. For the next financial year, analysts anticipate that the firm will report sales of $5.26 billion per share, with estimates ranging from $5.2 billion to $5.33 billion.
(PBH) reported last quarter earnings figures on May 11. A Zacks consensus now shows Street analysts projecting the company to post per share earnings of $1.94. Looking further, Prestige Brands Holdings, Inc. has a Gross Margin score of 23. Gabelli analyst Z. Bodini now expects that the company will post earnings per share of $8.50 for the year, down from their prior estimate of $8.75. The 1-year range for the stock is $44.64-$59.63. Spectrum Brands Holdings's quarterly revenue was down 3.3% compared to the same quarter past year. Finally, Zacks Investment Research lowered shares of Prestige Brands Holdings from a "buy" rating to a "hold" rating in a research report on Wednesday, March 22nd. Equities research analysts at Jefferies Group cut their Q3 2017 earnings per share (EPS) estimates for Spectrum Brands Holdings in a research report issued to clients and investors on Tuesday, Zacks Investment Research reports. Finally, Wells Fargo & Co reissued a "buy" rating on shares of Spectrum Brands Holdings in a research report on Thursday, January 26th.
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CLSA reiterated an "underperform" rating and issued a $115.00 price target on shares of NVIDIA in a report on Wednesday, May 10th. MKM Partners now has a $106.00 price target on the computer hardware maker's stock, up from their prior price target of $100.00.
Recently, several research firms updated their ratings on the stock. The current consensus target price is $153.625 on shares. Prestige Brands Holdings now has an average rating of Buy and an average price target of $64.00. The legal version of this story can be read at https://transcriptdaily.com/2017/05/15/prestige-brands-holdings-inc-pbh-price-target-lowered-to-45-00-at-jefferies-group-llc.html. Prestige Brands Holdings's revenue for the quarter was up 15.8% compared to the same quarter past year. The stock has a market capitalization of $2.76 billion, a P/E ratio of 38.65 and a beta of 1.56. The company's 50-day moving average price is $56.18 and its 200 day moving average price is $53.09.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 13th. Stockholders of record on Tuesday, May 16th will be given a dividend of $0.42 per share. The ex-dividend date is Friday, May 12th. (NYSE:SPB). This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 35. If you are viewing this story on another site, it was copied illegally and reposted in violation of USA and global trademark & copyright laws.
COPYRIGHT VIOLATION WARNING: "Prestige Brands Holdings, Inc". Institutional investors and hedge funds own 97.35% of the company's stock. Public Employees Retirement Association of Colorado boosted its position in Spectrum Brands Holdings by 0.4% in the third quarter. Oxford Asset Management now owns 117,970 shares of the company's stock valued at $6,146,000 after buying an additional 48,541 shares during the last quarter. Oxford Asset Management raised its stake in Prestige Brands Holdings by 69.9% in the fourth quarter. Aberdeen Asset Management PLC UK raised its stake in shares of Prestige Brands Holdings by 59.3% in the fourth quarter. Macquarie Group Ltd. now owns 408,005 shares of the company's stock valued at $21,257,000 after buying an additional 102,610 shares during the period. Harvest Fund Management Co.
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