Superior Plus FY2025 EPS Lowered by Raymond James Financial

Superior Plus Corp. (TSE:SPB) – Equities research analysts at Raymond James Financial lowered their FY2025 earnings per share estimates for Superior Plus in a report released on Monday, October 6th. Raymond James Financial analyst L. Konschuh now anticipates that the company will post earnings per share of $0.73 for the year, down from their prior estimate of $0.76. Raymond James Financial currently has a “Moderate Buy” rating on the stock. Raymond James Financial also issued estimates for Superior Plus’ FY2026 earnings at $0.66 EPS and FY2027 earnings at $0.90 EPS.

Several other brokerages have also recently weighed in on SPB. Desjardins reduced their price objective on shares of Superior Plus from C$10.50 to C$9.75 and set a “buy” rating on the stock in a research note on Wednesday, August 13th. BMO Capital Markets cut their price objective on shares of Superior Plus from C$10.00 to C$8.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 13th. Finally, TD Securities dropped their price objective on shares of Superior Plus from C$8.50 to C$8.00 and set a “hold” rating on the stock in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$9.16.

Superior Plus Stock Performance

Superior Plus stock opened at C$8.01 on Tuesday. The stock has a market cap of C$1.79 billion, a PE ratio of 38.14 and a beta of 0.21. The company has a quick ratio of 0.46, a current ratio of 0.67 and a debt-to-equity ratio of 193.35. The business’s 50-day moving average price is C$7.37 and its two-hundred day moving average price is C$7.37. Superior Plus has a 12-month low of C$5.15 and a 12-month high of C$8.34.

Superior Plus Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.045 per share. The ex-dividend date is Monday, September 29th. This represents a $0.18 annualized dividend and a dividend yield of 2.2%. Superior Plus’s dividend payout ratio is 109.01%.

Superior Plus Company Profile

Superior is a leading North American distributor of propane, compressed natural gas, renewable energy and related products and services, servicing approximately 770,000 customer locations in the U.S. and Canada. Through its primary businesses, propane distribution and CNG, RNG and hydrogen distribution, Superior safely delivers clean burning fuels to residential, commercial, utility, agricultural and industrial customers not connected to a pipeline.