
TSE:PBH
This summary was created by AI, based on 21 opinions in the last 12 months.
Premium Brands Holdings Corp (PBH) has drawn mixed reviews from financial experts, with a prevailing sentiment of cautious optimism for long-term growth prospects. While the company has been grappling with challenges such as elevated debt levels, margin pressures from rising commodity prices, and execution missteps, analysts emphasize the potential that lies in its recent investments and expansion into the U.S. market. Many believe that despite a selloff driven by short-term market reactions, the fundamentals have not changed significantly, and patience may be rewarded. Concerns about consumer preferences and economic conditions add another layer of scrutiny, but strategic partnerships and acquisitions, particularly in the U.S., provide a pathway for future profitability and capitalizing on evolving consumer trends.
A great performer, though it stalled in late-2018 due to weak guidance. The debt level prevents him from researching this name more. They've made lots of acqusitions in the past, but maybe that's caught up with them. Either CPP or the teachers' union has made a purchase of them recently, which has benefited PBH. Debt is a worry.
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)