
TSE:PBH
This summary was created by AI, based on 19 opinions in the last 12 months.
Premium Brands Holdings Corp (PBH-T) is experiencing significant growth, particularly in its U.S. operations, where they are capitalizing on new contracts with major clients like Costco and Starbucks. Despite facing challenges such as rising beef prices and capacity execution issues, many analysts express confidence in the company’s long-term strategy and management capabilities. Recent financial results have shown positive growth, and plans to sell non-core assets are anticipated to strengthen the balance sheet. The overall sentiment leans towards patience, urging investors to look beyond short-term fluctuations and focus on the company’s solid foundation and growth potential. With a dividend yield around 4%, there is also an indication that the stock holds promise for stable income amid ongoing expansions.
Hit a high of $120 in Febuary 2018 and fell to $75 in December. It's now breaking resitance at $84. They just reported a 33% increase in EBITDA, and 40% increase in earnings. EPS is slightly down due to acquisitions. Estimates for this year are 24% and 48% higher next year. The Canadian Pension Board just invested in this. (Analysts’ price target is $90.73)