Long Position on PBH @ $43.20 on 5/21/2015 (Momentum)

Prestige Brands Holdings, Inc. (PBH) is engaged in the marketing, sale, and distribution of over-the-counter (OTC) healthcare and household cleaning products in North America and internationally.

It operates through two segments, Over-The-Counter Healthcare and Household Cleaning.

The Over-The-Counter Healthcare segment offers a portfolio of OTC products under 14 primary OTC brands, including Chloraseptic sore throat remedies; Clear Eyes eye drops; Compound W wart removers; Little Remedies and PediaCare pediatric healthcare products; The Doctor’s brand of oral care products; Efferdent and Effergrip denture products; Luden's drops; Dramamine motion sickness products; BC and Goody's analgesic powders; Beano gas prevention; Gaviscon antacids; and Debrox ear drops, as well as Dermoplast first-aid products; Murine eye and ear care products; NasalCrom allergy prevention relief product; New-Skin liquid bandage; Wartner wart removers; Fiber Choice fiber laxative supplements; and Ecotrin aspirin.

The Household Cleaning segment markets household cleaning products, such as Chore Boy scrubbing pads and sponges; Comet abrasive powders, creams, liquids, and non-abrasive sprays; and Spic and Span dilutables, sprays for counter tops, and glass cleaners.

Prestige Brands Holdings, Inc. distributes its products through various retail channels, including drug, grocery, dollar, and club stores, as well as supermarkets and mass merchandisers. 

Shares have formed a bullish "flag" following the company's recent quarterly report. Higher share prices are expected for this stock.

52-Weeks Trading Range: $30.02 - $45.24

Expected Entry Point: $43.20

Stop Loss: $41.20

Target Price: $47.55

Updates

6/23/2015 12:25:08 PM

PBH closed at $47.18 after its 30 days expired 

Position closed on 6/23/2015 at price of $47.19 with a 9.24% gain in 33 days.

Back to Portfolio