Prestige Brand Holdings, Inc. (NYSE:PBH) reached a new 52-week low during trading on Thursday . The stock traded as low as $40.84 and last traded at $40.70, with a volume of 191010 shares. The stock had previously closed at $41.55.

Several equities research analysts recently commented on PBH shares. KeyCorp set a $61.00 target price on Prestige Brand Holdings and gave the stock a “buy” rating in a research note on Monday, October 16th. DA Davidson set a $79.00 target price on Prestige Brand Holdings and gave the stock a “buy” rating in a research note on Thursday, October 12th. Zacks Investment Research cut Prestige Brand Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday, August 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $54.00 target price on shares of Prestige Brand Holdings in a research note on Friday, July 14th. Finally, BidaskClub raised Prestige Brand Holdings from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $63.43.

The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.32 and a current ratio of 2.06. The firm has a market capitalization of $2,174.06, a P/E ratio of 16.94, a P/E/G ratio of 1.66 and a beta of 1.19.

Prestige Brand Holdings (NYSE:PBH) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.61 EPS for the quarter, missing the Zacks’ consensus estimate of $0.66 by ($0.05). Prestige Brand Holdings had a net margin of 11.03% and a return on equity of 15.32%. The firm had revenue of $258.00 million during the quarter, compared to analyst estimates of $267.12 million. During the same period last year, the business posted $0.63 EPS. The company’s revenue was up 19.9% on a year-over-year basis. analysts predict that Prestige Brand Holdings, Inc. will post 2.62 EPS for the current year.

Institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Prestige Brand Holdings by 10.9% in the second 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 during the period. First Mercantile Trust Co. grew its stake in Prestige Brand Holdings by 2.4% in the second 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 during the period. PNC Financial Services Group Inc. grew its stake in Prestige Brand Holdings by 90.4% in the second quarter. PNC Financial Services Group Inc. now owns 2,222 shares of the company’s stock valued at $117,000 after acquiring an additional 1,055 shares during the period. Advisor Group Inc. grew its stake in Prestige Brand Holdings by 33.2% in the second quarter. Advisor Group Inc. now owns 2,285 shares of the company’s stock valued at $120,000 after acquiring an additional 570 shares during the period. Finally, Riverhead Capital Management LLC grew its stake in Prestige Brand Holdings by 78.6% in the second quarter. Riverhead Capital Management LLC now owns 3,394 shares of the company’s stock valued at $179,000 after acquiring an additional 1,494 shares during the period. 98.56% of the stock is owned by hedge funds and other institutional investors.

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Prestige Brand Holdings 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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