Prestige Brands Holdings Rating Increased to Buy at Janney Montgomery Scott (PBH)

By admin | 6 years ago

Prestige Brands Holdings (NYSE: PBH) was upgraded by analysts at Janney Montgomery Scott from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday.

Prestige Brands Holdings traded down 1.01% on Friday, hitting $13.71. Prestige Brands Holdings has a 1-year low of $8.15 and a 1-year high of $17.86. The company has a market cap of $689.4 million and a price-to-earnings ratio of 18.97.

Prestige Brands Holdings last released its earnings data on Thursday, May 17th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. The company’s revenue for the quarter was up 39.0% on a year-over-year basis. Analysts expect that Prestige Brands Holdings will post $0.34 EPS next quarter.

Prestige Brands Holdings, Inc. (Prestige) is a holding company that, together with its subsidiaries, is engaged in the marketing, sales and distribution of over-the-counter healthcare, personal care and household cleaning brands to mass merchandisers, drug stores, supermarkets, club and dollar stores primarily in the United States, Canada and certain other international markets.

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