The Investment Reporter, in its Feb. 13, 2015, issue, refreshes its buy of Premium Brands Holdings Corp., recently $24.49. The Reporter said buy on Sept. 19, 2014, at $24.45. A $1,000 investment at $24.45 would now be worth $979. The packaged foods company likely earned 96 cents a share in 2014. This gives it a high price-to-earnings ratio of 25.5 times. In 2015, however, the company expects to earn $1.64 a share. Based on this estimate, Premium Brands trades at a more reasonable forward P/E ratio of 14.9 times. It remains a buy.
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