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Superior Plus CorpSPB.TOTOP PICKMay 11, 2023Stock price when the opinion was issued
As of Jun 19, 2026. Market Open.
We think it is buyable for income and some growth. Results missed estimates, but it still confirmed EBITDA guidance. Based on consensus estimates. EPS is still expected to rise quite nicely in 2024. It needs to execute on this growth, but lower/peak interest rates should also help the stock, over time.
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Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The revenues were ahead of estimates by 14%. EPS was 40 cents, beating the estimated 33 cents. Q4 showed some income declines however. The acquisition plan backed by Brookfield has not changed. The dip is a buying opportunity. Unlock Premium - Try 5i Free
Recently reported earnings for SPB set a first quarter record as the Certarus acquisition is accretive to earnings. The company increased earnings guidance for the year. Net cash flow per share was up 250%. It trades at 16x earnings and under 2x book value and pays a great yield. We recommend a stop-loss at $9, looking to achieve $13 -- upside potential of 23%. Yield 7.0%
(Analysts’ price target is $13.10)