Raymond James Forecasts Stronger Earnings for Superior Plus

Superior Plus Corp. (TSE:SPB) – Equities research analysts at Raymond James raised their FY2026 earnings per share estimates for shares of Superior Plus in a research note issued on Thursday, April 3rd. Raymond James analyst S. Hansen now forecasts that the company will post earnings per share of $0.53 for the year, up from their prior forecast of $0.48. Raymond James currently has a “Moderate Buy” rating on the stock. Raymond James also issued estimates for Superior Plus’ FY2027 earnings at $0.61 EPS.

A number of other research analysts have also issued reports on SPB. CIBC increased their target price on Superior Plus from C$9.00 to C$9.50 and gave the company an “outperform” rating in a research report on Thursday, April 3rd. National Bankshares increased their price objective on shares of Superior Plus from C$6.50 to C$7.50 and gave the company a “sector perform” rating in a report on Thursday, April 3rd. ATB Capital boosted their target price on shares of Superior Plus from C$10.00 to C$11.00 and gave the stock an “outperform” rating in a research note on Thursday, April 3rd. BMO Capital Markets raised their price target on shares of Superior Plus from C$8.00 to C$9.00 and gave the company an “outperform” rating in a research note on Thursday, April 3rd. Finally, Scotiabank upgraded Superior Plus from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$7.50 to C$9.50 in a report on Monday. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$9.85.

Superior Plus Stock Performance

Shares of SPB stock opened at C$6.40 on Monday. The company has a market capitalization of C$1.08 billion, a P/E ratio of 23.53 and a beta of 0.76. Superior Plus has a 12-month low of C$5.15 and a 12-month high of C$9.78. The business’s 50 day moving average is C$6.37 and its two-hundred day moving average is C$6.63. The company has a current ratio of 0.67, a quick ratio of 0.46 and a debt-to-equity ratio of 193.35.

About Superior Plus

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.