Fortune Brands Innovations Inc (NYSE: FBIN) is -3.64% lower on its value in year-to-date trading and has touched a low of $62.54 and a high of $90.54 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 FBIN stock was last observed hovering at around $66.28 in the last trading session, with the day’s loss setting it -0.44%.
Currently trading at $65.84, the stock is -3.87% and -6.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -0.66% at the moment leaves the stock -12.45% off its SMA200. FBIN registered -18.47% loss for a year compared to 6-month loss of -19.10%.
The stock witnessed a -12.08% gain in the last 1 month and extending the period to 3 months gives it a -13.09%, and is -1.70% down 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 2.26% over the week and 2.52% over the month.
Fortune Brands Innovations Inc (FBIN) has around 11000 employees, a market worth around $8.18B and $4.61B in sales. Current P/E ratio is 17.53 and Fwd P/E is 13.68. Profit margin for the company is 10.24%. Distance from 52-week low is 5.28% and -27.28% from its 52-week high. The company has generated returns on investments over the last 12 months (10.01%).
The EPS is expected to grow by 3.85% this year
The shares outstanding are 123.64M, and float is at 123.42M with Short Float at 4.47%.
Fortune Brands Innovations Inc (FBIN) Insider Activity
The most recent transaction is an insider sale by Wilson Ron, the company’s EVP, Chief Supply Chain. SEC filings show that Wilson Ron sold 1,500 shares of the company’s common stock on Feb 10 ’25 at a price of $68.94 per share for a total of $0.1 million. Following the sale, the insider now owns 10066.0 shares.
Still, SEC filings show that on Nov 12 ’24, Sheri Grissom (Officer) Proposed Sale 16,202 shares at an average price of $76.89 for $1.25 million. The insider now directly holds shares of Fortune Brands Innovations Inc (FBIN).
