News coverage about Prestige Brands (NYSE:PBH) has been trending positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Prestige Brands earned a media sentiment score of 0.48 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.4779859195565 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Prestige Brands Holdings, Inc. (PBH) Shares Bought by Wells Fargo & Company MN (americanbankingnews.com)
- Cortina Asset Management LLC Sells 40,416 Shares of Prestige Brands Holdings, Inc. (PBH) (americanbankingnews.com)
- Champlain Investment Partners LLC Raises Holdings in Prestige Brands Holdings, Inc. (PBH) (americanbankingnews.com)
- American Century Companies Inc. Sells 132,415 Shares of Prestige Brands Holdings, Inc. (PBH) (americanbankingnews.com)
- Brokerages Expect Prestige Brands Holdings, Inc. (PBH) Will Announce Quarterly Sales of $255.12 Million (americanbankingnews.com)
Shares of Prestige Brands (NYSE PBH) opened at $34.86 on Wednesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 1.43 and a current ratio of 2.19. Prestige Brands has a 52 week low of $32.46 and a 52 week high of $59.63. The stock has a market cap of $1,890.00, a P/E ratio of 4.74, a price-to-earnings-growth ratio of 1.44 and a beta of 1.05.
Several equities analysts recently commented on PBH shares. TheStreet lowered shares of Prestige Brands from a “b-” rating to a “c+” rating in a research report on Friday, February 9th. BMO Capital Markets upgraded shares of Prestige Brands from a “market perform” rating to an “outperform” rating in a research note on Wednesday, November 15th. DA Davidson downgraded shares of Prestige Brands from a “buy” rating to a “neutral” rating and set a $79.00 price objective for the company. in a research note on Friday, February 2nd. Jefferies Group decreased their price objective on shares of Prestige Brands from $55.00 to $50.00 and set a “hold” rating for the company in a research note on Friday, November 3rd. Finally, KeyCorp decreased their price objective on shares of Prestige Brands from $54.00 to $43.00 and set an “overweight” rating for the company in a research note on Monday, February 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the stock. Prestige Brands presently has a consensus rating of “Buy” and an average target price of $75.29.
In other news, Director Natale S. Ricciardi bought 3,000 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was acquired at an average cost of $37.04 per share, for a total transaction of $111,120.00. Following the completion of the purchase, the director now owns 7,806 shares of the company’s stock, valued at $289,134.24. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP William P’pool bought 1,500 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was purchased at an average price of $33.90 per share, with a total value of $50,850.00. Following the completion of the purchase, the senior vice president now directly owns 6,600 shares of the company’s stock, valued at approximately $223,740. The disclosure for this purchase can be found here. Insiders bought 19,000 shares of company stock valued at $679,575 over the last 90 days. Insiders own 0.98% of the company’s stock.
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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.
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