financetom
Personal Finance
financetom
/
Personal Finance
/
Research Alert: CFRA Initiates Premium Brands With A Hold Opinion And A Target Price Of Cad88
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Research Alert: CFRA Initiates Premium Brands With A Hold Opinion And A Target Price Of Cad88
Jul 7, 2025 9:02 AM

11:40 AM EDT, 07/07/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We begin PBH at Hold.Our 12-month price target of CAD88 comes from an earnings multiple of 15x our FY 26 adjusted earnings per share of CAD5.89.We believe PBH can continue to achieve 6%-8% organic growth, with 1%-2% inorganic growth tacked on. Near-term gross margin and operating margins have expanded modestly and we maintain this trend in our model. However, it remains to be seen if we are at an inflection point in the margin story. Interest expenses are 3.5x the FY 21 total, driving adjusted net income margins lower each year. Relative to peers, PBH has historically traded exactly in line with the group (on a forward earnings basis). Currently, it trades at 2.7 turns lower than the peer group, which we believe reflects its cost of growth and higher capex spend. Currently trading at 12.2x, this is nearly 2 standard deviations below its long-term average of 19x. This valuation could be opportunistic should the margin story reach an inflection point.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Keeps Hold Opinion On Adss Of Trip.com Group Limited
Research Alert: CFRA Keeps Hold Opinion On Adss Of Trip.com Group Limited
Sep 2, 2025
07:55 AM EDT, 09/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our target price of USD80 (from USD65) implies a 2026 P/E of 18.9x (vs. five-year average of 39.7x), based on our projected slower but decent bottom-line growth through 2026 after...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Constellation Brands Inc.
Research Alert: CFRA Maintains Buy Opinion On Shares Of Constellation Brands Inc.
Sep 2, 2025
02:15 PM EDT, 09/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We lower our 12-month target by $15 to $185, based on a FY 27 (Feb.) P/E of 14.1x, a justified discount to STZ's 10-year mean forward P/E of 21.7x, which...
Research Alert: CFRA Reiterates Hold Opinion On Shares Of Brown-forman Corporation
Research Alert: CFRA Reiterates Hold Opinion On Shares Of Brown-forman Corporation
Sep 2, 2025
02:05 PM EDT, 09/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We raise our 12-month price target by $2 to $30, based on a FY 27 (Apr.) P/E of 17.6x, a justified discount to BF.B's 10-year average forward P/E of 31.9x....
Research Alert: CFRA Keeps Sell Opinion On Shares Of Hormel Foods Corporation
Research Alert: CFRA Keeps Sell Opinion On Shares Of Hormel Foods Corporation
Sep 2, 2025
09:20 AM EDT, 09/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We cut our 12-month target by $3 to $22, about 14x our FY 26 (Oct.) EPS of $1.58 (down from $1.66; FY 25 cut to $1.44 from $1.53). This multiple...
Copyright 2023-2025 - www.financetom.com All Rights Reserved