Prestige Brand Holdings, Inc. (NYSE:PBH) – Equities research analysts at KeyCorp increased their Q3 2018 earnings per share estimates for shares of Prestige Brand Holdings in a research report issued to clients and investors on Thursday. KeyCorp analyst J. Gere now forecasts that the company will earn $0.68 per share for the quarter, up from their prior estimate of $0.66. KeyCorp has a “Buy” rating and a $61.00 price objective on the stock. KeyCorp also issued estimates for Prestige Brand Holdings’ Q4 2018 earnings at $0.67 EPS, FY2018 earnings at $2.62 EPS, Q2 2019 earnings at $0.66 EPS, Q3 2019 earnings at $0.74 EPS and FY2019 earnings at $2.82 EPS.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings results on Thursday, November 2nd. The company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). Prestige Brand Holdings had a return on equity of 15.32% and a net margin of 11.03%. The company had revenue of $258.00 million during the quarter, compared to analyst estimates of $267.12 million. During the same period in the prior year, the firm earned $0.63 EPS. Prestige Brand Holdings’s quarterly revenue was up 19.9% on a year-over-year basis.

ILLEGAL ACTIVITY NOTICE: This report was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/11/07/prestige-brand-holdings-inc-to-post-q3-2018-earnings-of-0-68-per-share-keycorp-forecasts-pbh.html.

Several other research firms have also recently weighed in on PBH. Zacks Investment Research cut Prestige Brand Holdings from a “buy” rating to a “hold” rating in a research report on Thursday, October 19th. Jefferies Group LLC restated a “hold” rating and set a $54.00 price target on shares of Prestige Brand Holdings in a research note on Wednesday, August 16th. DA Davidson set a $79.00 price target on Prestige Brand Holdings and gave the company a “buy” rating in a research note on Thursday, October 12th. Finally, BidaskClub lowered Prestige Brand Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $63.43.

Prestige Brand Holdings (PBH) traded up $0.08 during midday trading on Monday, hitting $43.07. The company had a trading volume of 828,680 shares, compared to its average volume of 536,594. The company has a current ratio of 2.06, a quick ratio of 1.32 and a debt-to-equity ratio of 2.34. The firm has a market cap of $2,280.14, a price-to-earnings ratio of 17.76, a PEG ratio of 1.61 and a beta of 1.19.

A number of hedge funds have recently added to or reduced their stakes in PBH. First Mercantile Trust Co. grew its holdings in shares of Prestige Brand Holdings by 2.4% in the 2nd quarter. First Mercantile Trust Co. now owns 2,116 shares of the company’s stock valued at $112,000 after acquiring an additional 50 shares in the last quarter. Capstone Asset Management Co. grew its holdings in shares of Prestige Brand Holdings by 1.2% in the 2nd quarter. Capstone Asset Management Co. now owns 6,106 shares of the company’s stock valued at $322,000 after acquiring an additional 70 shares in the last quarter. State Board of Administration of Florida Retirement System grew its holdings in shares of Prestige Brand Holdings by 0.3% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 33,796 shares of the company’s stock valued at $1,785,000 after acquiring an additional 98 shares in the last quarter. CS Mckee LP grew its holdings in shares of Prestige Brand Holdings by 0.3% in the 2nd quarter. CS Mckee LP now owns 35,150 shares of the company’s stock valued at $1,856,000 after acquiring an additional 100 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Prestige Brand Holdings by 10.9% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,080 shares of the company’s stock valued at $110,000 after acquiring an additional 205 shares in the last quarter. Hedge funds and other institutional investors own 98.56% of the company’s stock.

In other news, SVP Jean A. Boyko sold 12,876 shares of the stock in a transaction on Wednesday, August 9th. The stock was sold at an average price of $52.12, for a total value of $671,097.12. Following the transaction, the senior vice president now owns 26,566 shares of the company’s stock, valued at approximately $1,384,619.92. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.98% of the company’s stock.

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.

Earnings History and Estimates for Prestige Brand Holdings (NYSE:PBH)

Receive News & Stock 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 stocks with our FREE daily email newsletter.