Fortune Brands Home & Security Inc. [NYSE: FBHS] stock went on an upward path that rose over 1.49% on Wednesday, amounting to a one-week price increase of more than 5.01%.
Over the last 12 months, FBHS stock rose by 59.04%. The one-year Fortune Brands Home & Security Inc. stock forecast points to a potential downside of -3.57. The average equity rating for FBHS stock is currently 2.60, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $11.80 billion, with 138.60 million shares outstanding and 137.45 million shares in the current float. Compared to the average trading volume of 1.03M shares, FBHS stock reached a trading volume of 1586798 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Fortune Brands Home & Security Inc. [FBHS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FBHS shares is $83.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FBHS stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for Fortune Brands Home & Security Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 10, 2020. The new note on the price target was released on June 26, 2020, representing the official price target for Fortune Brands Home & Security Inc. stock. Previously, the target price had yet another raise to $64, while Credit Suisse analysts kept a Neutral rating on FBHS stock. On April 17, 2020, analysts increased their price target for FBHS shares from 43 to 55.
The Average True Range (ATR) for Fortune Brands Home & Security Inc. is set at 2.35, with the Price to Sales ratio for FBHS stock in the period of the last 12 months amounting to 2.07. The Price to Book ratio for the last quarter was 4.87, with the Price to Cash per share for the same quarter was set at 2.92. Price to Free Cash Flow for FBHS in the course of the last twelve months was 21.90 with Quick ratio for the last quarter at 1.30.
FBHS Stock Performance Analysis:
Fortune Brands Home & Security Inc. [FBHS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.01. With this latest performance, FBHS shares gained by 2.90% in over the last four-week period, additionally plugging by 119.71% over the last 6 months – not to mention a rise of 59.04% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FBHS stock in for the last two-week period is set at 60.38, with the RSI for the last a single of trading hit 62.55, and the three-weeks RSI is set at 60.64 for Fortune Brands Home & Security Inc. [FBHS]. The present Moving Average for the last 50 days of trading for this stock 81.71, while it was recorded at 84.56 for the last single week of trading, and 64.95 for the last 200 days.
Insight into Fortune Brands Home & Security Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Fortune Brands Home & Security Inc. [FBHS] shares currently have an operating margin of +13.02 and a Gross Margin at +34.82. Fortune Brands Home & Security Inc.’s Net Margin is presently recorded at +7.49.
Return on Total Capital for FBHS is now 16.15, given the latest momentum, and Return on Invested Capital for the company is 10.36. Return on Equity for this stock inclined to 18.76, with Return on Assets sitting at 7.05. When it comes to the capital structure of this company, Fortune Brands Home & Security Inc. [FBHS] has a Total Debt to Total Equity ratio set at 97.14. Additionally, FBHS Total Debt to Total Capital is recorded at 49.27, with Total Debt to Total Assets ending up at 37.47. Long-Term Debt to Equity for the company is recorded at 79.30, with the Long-Term Debt to Total Capital now at 40.23.
Reflecting on the efficiency of the workforce at the company, Fortune Brands Home & Security Inc. [FBHS] managed to generate an average of $17,486 per employee. Receivables Turnover for the company is 9.64 with a Total Asset Turnover recorded at a value of 0.94.Fortune Brands Home & Security Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.10.
FBHS Stock EPS
With the latest financial reports released by the company, Fortune Brands Home & Security Inc. posted 0.95/share EPS, while the average EPS was predicted by analysts to be reported at 0.98/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -3.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FBHS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fortune Brands Home & Security Inc. go to 7.30%.
Fortune Brands Home & Security Inc. [FBHS] Insider Position Details
There are presently around $10,607 million, or 89.90% of FBHS stock, in the hands of institutional investors. The top three institutional holders of FBHS stocks are: VANGUARD GROUP INC with ownership of 15,259,079, which is approximately -2.827% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 10,603,443 shares of the stock with an approximate value of $917.41 million in FBHS stocks shares; and FMR LLC, currently with $746.5 million in FBHS stock with ownership of nearly 26.26% of the company’s market capitalization.
Positions in Fortune Brands Home & Security Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 221 institutional holders increased their position in Fortune Brands Home & Security Inc. [NYSE:FBHS] by around 10,714,435 shares. Additionally, 277 investors decreased positions by around 12,085,611 shares, while 109 investors held positions by with 99,790,310 shares. The mentioned changes placed institutional holdings at 122,590,356 shares, according to the latest SEC report filing. FBHS stock had 78 new institutional investments in for a total of 3,114,455 shares, while 68 institutional investors sold positions of 1,677,846 shares during the same period.