Superior Plus (TSE:SPB – Get Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Superior Plus to post earnings of C($0.26) per share for the quarter.
Superior Plus (TSE:SPB – Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.19) by C($0.08). The firm had revenue of C$578.62 million during the quarter, compared to analysts’ expectations of C$710.53 million. Superior Plus had a negative net margin of 0.10% and a positive return on equity of 1.17%.
Superior Plus Trading Down 2.7 %
Shares of Superior Plus stock opened at C$6.41 on Wednesday. Superior Plus has a fifty-two week low of C$6.37 and a fifty-two week high of C$10.36. The company has a debt-to-equity ratio of 133.90, a quick ratio of 0.46 and a current ratio of 0.75. The company has a market cap of C$1.59 billion, a P/E ratio of -128.20 and a beta of 0.76. The firm has a 50-day simple moving average of C$7.52 and a two-hundred day simple moving average of C$8.45.
Superior Plus Dividend Announcement
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. TD Securities cut their price objective on Superior Plus from C$10.00 to C$9.00 and set a “buy” rating for the company in a research report on Tuesday, October 15th. Desjardins dropped their target price on shares of Superior Plus from C$10.50 to C$9.50 and set a “buy” rating on the stock in a research report on Wednesday, October 16th. Stifel Nicolaus reduced their price target on shares of Superior Plus from C$12.50 to C$12.00 and set a “buy” rating for the company in a research report on Friday, August 16th. National Bankshares lowered their price objective on Superior Plus from C$10.00 to C$9.00 in a report on Thursday, August 15th. Finally, National Bank Financial cut Superior Plus from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 16th. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Superior Plus currently has an average rating of “Hold” and an average price target of C$10.18.
View Our Latest Analysis on SPB
About Superior Plus
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.
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