Positive Media Coverage Somewhat Unlikely to Affect Prestige Brands (PBH) Share Price

News articles about Prestige Brands (NYSE:PBH) have been trending positive on Sunday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Prestige Brands earned a coverage optimism score of 0.41 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.8363630905688 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Several research firms have issued reports on PBH. Zacks Investment Research raised shares of Prestige Brands from a “sell” rating to a “hold” rating in a research report on Thursday, January 4th. Jefferies Group reissued a “hold” rating and issued a $55.00 price objective (up from $54.00) on shares of Prestige Brands in a research report on Monday, October 2nd. BMO Capital Markets reissued a “buy” rating and issued a $118.00 price objective on shares of Prestige Brands in a research report on Thursday, November 23rd. TD Securities reissued a “buy” rating and issued a $125.00 price objective on shares of Prestige Brands in a research report on Thursday, November 23rd. Finally, DA Davidson set a $79.00 price objective on shares of Prestige Brands and gave the company a “buy” rating in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $77.75.

Prestige Brands (PBH) opened at $44.84 on Friday. The firm has a market cap of $2,384.10, a PE ratio of 22.42, a PEG ratio of 1.82 and a beta of 1.19. Prestige Brands has a 1 year low of $40.11 and a 1 year high of $59.63. The company has a debt-to-equity ratio of 2.34, a current ratio of 2.06 and a quick ratio of 1.32.

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

TRADEMARK VIOLATION WARNING: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another domain, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this report can be read at https://www.com-unik.info/2018/01/14/positive-media-coverage-somewhat-unlikely-to-affect-prestige-brands-pbh-share-price.html.

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.

Insider Buying and Selling by Quarter for Prestige Brands (NYSE:PBH)

What are top analysts saying about Prestige Brands? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Prestige Brands and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit