Fortune Brands Home & Security Inc 9.5% Potential Upside Now Implied by Barclays
Jan 11 2017 by Johnny Bowman
The last close places the company's stock about $9.69 off its 52 week high of $64.47 and $10.59 above the 52 week low of $44.19. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $848 million. Tower Research Capital LLC TRC now owns 1,826 shares of the company's stock worth $106,000 after buying an additional 1,278 shares in the last quarter.
The Company now has ROA (Return on Assets) of 7.9 percent, Return on Equity (ROE) of 17.2 Percent and Return on Investment (ROI) of 9.5% with Gross margin of 35.8 percent and Operating & Profit margin of 12.4% and 8.1% respectively.
Fortune Brands Home & Security (NYSE:FBHS) last announced its quarterly earnings results on Wednesday, October 26th.
12/12/2016 - Fortune Brands Home & Security, Inc. was downgraded to "neutral" by analysts at Goldman Sachs. State Street Corp increased its position in shares of Fortune Brands Home & Security by 7.2% in the second quarter. Over the past five trading sessions it is 1.35%; -0.67% for the month; -4.53% for the last quarter; -8.54% for the past six-months; and 11.5% for the last 12 months. The firm's 50-day moving average is $55.35 and its 200-day moving average is $58.03.
The firm keeps price-to-earnings ratio at - in 12 months. The number of shares now owned by investors are 156.01 mln. The correct version of this piece can be read at https://sportsperspectives.com/2017/01/09/fortune-brands-home-security-inc-fbhs-downgraded-by-zacks-investment-research-to-sell/. MSI Financial Services Inc raised its position in Fortune Brands Home & Security by 16.9% in the third quarter. The stock exchanged hands at a volume of 1.46M shares whereas, the average volume was 1.42M shares. Vanguard Group Inc. now owns 13,626,498 shares of the company's stock valued at $789,929,000 after buying an additional 2,170,407 shares during the period. Hedge funds and other institutional investors own 89.02% of the company's stock. The company shows Gross Margin and Operating Margin of 83.6 percent and 42.1 percent respectively.
Barclays began new coverage on Fortune Brands Home & Security, Inc. giving the company a "equal-weight" rating. The company's P/E is 0 and Forward P/E ratio is 0. The reported earnings topped the analyst's consensus by $0.02 with the surprise factor around 2.60%. Stockholders of record on Friday, February 24th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.34%.
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This is a technical analysis stock rating for Fortune Brands Home & Security Inc (NYSE:FBHS). They set a "buy" rating and a $70.00 target price on the stock. (NYSE:FBHS) as "STRONG BUY", 4 rated as "BUY" and 9 issued a "HOLD" rating. If you are accessing this piece on another website, it was copied illegally and republished in violation of United States and global copyright and trademark law.
Several research analysts have commented on the stock. KeyCorp lowered shares of Fortune Brands Home & Security to a "hold" rating in a research note on Tuesday, November 22nd.
The technical rating goes from one, the weakest upside technical, to five, the highest upside technical and focuses on the real-time stock price relative to various moving averages as well as moving averages relative to each other. Dunkin' Brands Group, Inc. has P/S value of 5.81 while its P/B value stands at 0. Shares registered one year high at $64.13 and the one year low of $43.70. The analyst recommendations from a month ago are 5 Buy, 1 Overweight, 0 Sell, 5 Hold and 0 Underweight.
According to Zacks Investment Research, Fortune Brands Home & Security, Inc. has a Consensus Recommendation of 1.9. The Company through its subsidiaries engaged in manufacture and sale of home and security products.
Fortune Brands Home & Security, Inc.'s growth estimate for the current quarter is 23.2, and 28.2 percent for the next quarter. The Company operates through four business segments: Cabinets Plumbing Doors and Security.