Fortune Brands Home & Security Inc. (NYSE: FBHS) is -38.06% lower on its value in year-to-date trading and has touched a low of $52.95 and a high of $108.41 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FBHS stock was last observed hovering at around $64.93 in the last trading session, with the day’s gains setting it 1.28% off its average median price target of $73.00 for the next 12 months. It is also 26.43% off the consensus price target high of $90.00 offered by 19 analysts, but current levels are -16.16% lower than the price target low of $57.00 for the same period.
Currently trading at $66.21, the stock is 7.34% and 12.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.97% at the moment leaves the stock -3.00% off its SMA200. FBHS registered -37.53% loss for a year compared to 6-month loss of -1.88%.
The stock witnessed a 12.54% gain in the last 1 month and extending the period to 3 months gives it a -1.28%, and is 0.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.66% over the week and 3.64% over the month.
Fortune Brands Home & Security Inc. (FBHS) has around 28056 employees, a market worth around $8.43B and $8.04B in sales. Current P/E ratio is 11.71 and Fwd P/E is 11.55. Profit margin for the company is 9.40%. Distance from 52-week low is 25.04% and -38.93% from its 52-week high. The company has generated returns on investments over the last 12 months (14.90%).
Fortune Brands Home & Security Inc. (FBHS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Fortune Brands Home & Security Inc. (FBHS) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.40, where 10 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Fortune Brands Home & Security Inc. is expected to release its quarterly report on 02/01/2023.The EPS is expected to grow by 40.40% this year
Fortune Brands Home & Security Inc. (FBHS) Top Institutional Holders
The shares outstanding are 129.30M, and float is at 127.72M with Short Float at 1.66%.
Fortune Brands Home & Security Inc. (FBHS) Insider Activity
A total of 5 insider transactions have happened at Fortune Brands Home & Security Inc. (FBHS) in the last six months, with sales accounting for 4 and purchases happening 1 times. The most recent transaction is an insider sale by MACKAY A D DAVID, the company’s Director. SEC filings show that MACKAY A D DAVID sold 2,000 shares of the company’s common stock on Sep 14 at a price of $60.00 per share for a total of $0.12 million. Following the sale, the insider now owns 6000.0 shares.
Fortune Brands Home & Security Inc. disclosed in a document filed with the SEC on Feb 07 that Thomas Martin (SVP Ops &Supply Chain Strategy) sold a total of 4,262 shares of the company’s common stock. The trade occurred on Feb 07 and was made at $89.28 per share for $0.38 million. Following the transaction, the insider now directly holds 23683.0 shares of the FBHS stock.
Fortune Brands Home & Security Inc. (FBHS): Who are the competitors?
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