Equities research analysts at Gabelli began coverage on shares of Prestige Brands Holdings Inc. (NYSE:PBH) in a research report issued on Thursday. The firm set a “buy” rating on the stock.

A number of other equities analysts have also weighed in on the stock. B. Riley reiterated a “buy” rating and set a $70.00 target price on shares of Prestige Brands Holdings in a research report on Wednesday, November 9th. Jefferies Group cut their target price on shares of Prestige Brands Holdings from $45.00 to $42.00 and set an “underperform” rating for the company in a research report on Friday, November 4th. Zacks Investment Research lowered shares of Prestige Brands Holdings from a “hold” rating to a “sell” rating in a research report on Thursday, October 6th. KeyCorp restated a “buy” rating on shares of Prestige Brands Holdings in a research report on Friday, September 23rd. Finally, Sidoti upgraded shares of Prestige Brands Holdings from a “neutral” rating to a “buy” rating and set a $59.00 price objective for the company in a research report on Friday, August 12th. They noted that the move was a valuation call. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $59.17.

Analyst Recommendations for Prestige Brands Holdings (NYSE:PBH)

Prestige Brands Holdings (NYSE:PBH) opened at 49.83 on Thursday. The company’s 50-day moving average is $47.64 and its 200-day moving average is $51.11. The firm has a market capitalization of $2.64 billion, a PE ratio of 38.63 and a beta of 1.62. Prestige Brands Holdings has a 52-week low of $43.63 and a 52-week high of $58.09.

Prestige Brands Holdings (NYSE:PBH) last issued its earnings results on Thursday, November 3rd. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. The firm earned $215.10 million during the quarter, compared to analyst estimates of $78.04 million. Prestige Brands Holdings had a net margin of 8.24% and a return on equity of 16.27%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same quarter last year, the business earned $0.60 earnings per share. Analysts forecast that Prestige Brands Holdings will post $2.35 EPS for the current fiscal year.

A number of large investors have recently made changes to their positions in PBH. Invictus RG raised its stake in shares of Prestige Brands Holdings by 325.2% in the second quarter. Invictus RG now owns 1,875 shares of the company’s stock valued at $104,000 after buying an additional 1,434 shares during the last quarter. Sei Investments Co. raised its stake in shares of Prestige Brands Holdings by 129.7% in the second quarter. Sei Investments Co. now owns 3,151 shares of the company’s stock valued at $174,000 after buying an additional 1,779 shares during the last quarter. LS Investment Advisors LLC raised its stake in shares of Prestige Brands Holdings by 6.3% in the third quarter. LS Investment Advisors LLC now owns 3,703 shares of the company’s stock valued at $179,000 after buying an additional 221 shares during the last quarter. Advisor Group Inc. bought a new stake in shares of Prestige Brands Holdings during the second quarter valued at about $182,000. Finally, Bank of Montreal Can bought a new stake in shares of Prestige Brands Holdings during the second quarter valued at about $200,000. Institutional investors and hedge funds own 98.21% of the company’s stock.

About Prestige Brands 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.

5 Day Chart for NYSE:PBH

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