--- title: "Superior Plus Corp. (TSE:SPB) Given Consensus Recommendation of \"Moderate Buy\" by Brokerages" description: "Superior Plus Corp. (TSE:SPB) has earned a \"Moderate Buy\" rating from nine brokerages. The average 12-month price target for the stock is C$12.72. The company recently announced a quarterly dividend a" type: "news" locale: "en" url: "https://longbridge.com/en/news/208745838.md" published_at: "2024-07-12T19:30:50.000Z" --- # Superior Plus Corp. (TSE:SPB) Given Consensus Recommendation of "Moderate Buy" by Brokerages > Superior Plus Corp. (TSE:SPB) has earned a "Moderate Buy" rating from nine brokerages. The average 12-month price target for the stock is C$12.72. The company recently announced a quarterly dividend and a senior officer purchased shares. The stock is currently trading at C$8.61 and has a market cap of C$2.14 billion. Shares of Superior Plus Corp. (TSE:SPB - Get Free Report) have earned an average rating of "Moderate Buy" from the nine brokerages that are presently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is C$12.72. Get **Superior Plus** alerts: Separately, 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 for the company in a report on Friday. **Read Our Latest Research Report on SPB** ## Superior Plus Trading Down 0.2 % Shares of TSE SPB traded down C$0.02 during midday trading on Friday, hitting C$8.61. The stock had a trading volume of 623,708 shares, compared to its average volume of 813,097. The firm has a market cap of C$2.14 billion, a P/E ratio of 40.43 and a beta of 0.81. Superior Plus has a fifty-two week low of C$8.33 and a fifty-two week high of C$10.90. The company has a debt-to-equity ratio of 129.19, a current ratio of 0.96 and a quick ratio of 0.46. The company's 50-day simple moving average is C$9.14 and its 200 day simple moving average is C$9.44. Superior Plus (TSE:SPB - Get Free Report) last posted its quarterly earnings results on Tuesday, May 14th. The company reported C$0.40 earnings per share for the quarter, missing analysts' consensus estimates of C$0.45 by C($0.05). Superior Plus had a return on equity of 2.58% and a net margin of 0.57%. The business had revenue of C$1.21 billion for the quarter, compared to the consensus estimate of C$1.38 billion. Research analysts anticipate that Superior Plus will post 0.3347732 EPS for the current year. ## Superior Plus Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.18 per share. The ex-dividend date is Friday, June 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.36%. ## Insider Buying and Selling at Superior Plus In other Superior Plus news, Senior Officer Kirsten Olsen purchased 3,765 shares of the firm's stock in a transaction that occurred on Monday, May 27th. The shares were acquired at an average cost of C$9.37 per share, for a total transaction of C$35,278.05. Insiders own 0.49% of the company's stock. ## Superior Plus Company Profile (Get Free Report 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. ## Featured Articles - Five stocks we like better than Superior Plus - Are Penny Stocks a Good Fit for Your Portfolio? - Top 3 Beverage Stocks: Summer Earnings Reveal Key Trends - Health Care Stocks Explained: Why You Might Want to Invest - This Financial Stock's Earnings Signal a Buying Opportunity - TSX Venture Exchange (Formerly Canadian Venture Exchange) - Social Platform Stock Hits New Highs: Is More Growth Ahead? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.* → This junior mining exploration company is looking to help meet rapidly scaling lithium demand (From Profit And Sense) (Ad)## Should you invest $1,000 in Superior Plus right now? Before you consider Superior Plus, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Superior Plus wasn't on the list. While Superior Plus currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. 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