News coverage about Prestige Brands (NYSE:PBH) has been trending positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Prestige Brands earned a media sentiment score of 0.38 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.6724658001942 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
PBH has been the subject of several recent research reports. KeyCorp restated a “buy” rating and issued a $61.00 price target on shares of Prestige Brands in a research report on Wednesday, September 6th. Jefferies Group restated a “hold” rating and issued a $55.00 price target (up from $54.00) on shares of Prestige Brands in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Prestige Brands from a “hold” rating to a “buy” rating and set a $57.00 price target for the company in a research report on Wednesday, October 4th. DA Davidson set a $79.00 price objective on shares of Prestige Brands and gave the stock a “buy” rating in a research report on Thursday, October 12th. Finally, BMO Capital Markets upgraded shares of Prestige Brands from a “market perform” rating to an “outperform” rating in a research report on Wednesday, November 15th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $77.75.
Prestige Brands (PBH) opened at $43.56 on Thursday. The stock has a market cap of $2,355.46, a price-to-earnings ratio of 21.78, a P/E/G ratio of 1.80 and a beta of 1.19. Prestige Brands has a 12 month low of $40.11 and a 12 month high of $59.63. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.32 and a current ratio of 2.06.
Prestige Brands (NYSE:PBH) last issued its earnings results on Thursday, November 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.05). Prestige Brands had a return on equity of 15.32% and a net margin of 11.03%. The company had revenue of $258.00 million for the quarter, compared to the consensus estimate of $267.12 million. During the same period in the prior year, the company earned $0.63 earnings per share. The firm’s revenue was up 19.9% compared to the same quarter last year. analysts predict that Prestige Brands will post 2.62 EPS for the current year.
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Prestige Brands Company Profile
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.
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