National Bank Financial Weighs in on Superior Plus Corp.’s FY2025 Earnings (TSE:SPB)

Superior Plus Corp. (TSE:SPB) – Research analysts at National Bank Financial lowered their FY2025 earnings estimates for shares of Superior Plus in a report released on Tuesday, July 16th. National Bank Financial analyst P. Kenny now anticipates that the company will post earnings per share of $0.89 for the year, down from their previous forecast of $1.02. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for Superior Plus’ current full-year earnings is $0.33 per share.

Superior Plus (TSE:SPB) last announced its quarterly earnings results on Tuesday, May 14th. The company reported C$0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.45 by C($0.05). The company had revenue of C$1.21 billion for the quarter, compared to the consensus estimate of C$1.38 billion. Superior Plus had a net margin of 0.57% and a return on equity of 2.58%.

SPB has been the topic of several other reports. Royal Bank of Canada decreased their price target on shares of Superior Plus from C$15.00 to C$13.00 and set an “outperform” rating on the stock in a report on Friday, July 12th. BMO Capital Markets decreased their price target on shares of Superior Plus from C$12.50 to C$12.00 in a report on Tuesday. TD Securities cut their target price on shares of Superior Plus from C$13.00 to C$12.00 and set a “buy” rating on the stock in a research report on Monday. Finally, National Bankshares downgraded shares of Superior Plus from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from C$12.00 to C$10.00 in a research report on Tuesday. Four analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$12.33.

Superior Plus Trading Down 0.4 %

Shares of Superior Plus stock opened at C$8.28 on Thursday. The firm has a market capitalization of C$2.06 billion, a PE ratio of 40.43 and a beta of 0.81. The company has a current ratio of 0.96, a quick ratio of 0.46 and a debt-to-equity ratio of 129.19. The firm’s 50 day moving average is C$9.06 and its 200 day moving average is C$9.40. Superior Plus has a 1 year low of C$8.16 and a 1 year high of C$10.90.

Insider Transactions at Superior Plus

In related news, Senior Officer Kirsten Olsen acquired 3,765 shares of the stock in a transaction dated Monday, May 27th. The stock was bought at an average price of C$9.37 per share, for a total transaction of C$35,278.05. Corporate insiders own 0.49% of the company’s stock.

Superior Plus Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 15th. Stockholders of record on Friday, June 28th were given a $0.18 dividend. The ex-dividend date was Friday, June 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.70%.

Superior Plus Company Profile

Superior Plus Corp. distributes and markets propane, compressed natural gas and renewable energy in both the United States and Canada. The company operates through The United States Retail Propane Distribution (U.S. Propane), Canadian Retail Propane Distribution (Canadian Propane), and North American Wholesale Propane Distribution (Wholesale Propane), and Certarus segments.