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Fortune Brands Innovations (FBIN)
NYSE:FBIN
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FBIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$62.54 - $90.54
Previous Close$69.67
Volume2.45M
Average Volume (3M)1.09M
Market Cap
$8.52B
Enterprise Value$11.08B
Total Cash (Recent Filing)$344.80M
Total Debt (Recent Filing)$2.91B
Price to Earnings (P/E)19.3
Beta1.45
Next Earnings
Jan 29, 2025EPS Estimate
$1.05Next Dividend Ex-Date
Feb 21, 2025Dividend Yield1.4%
Share Statistics
EPS (TTM)3.56
Shares Outstanding124,225,631
10 Day Avg. Volume1,184,786
30 Day Avg. Volume1,094,932
Standard Deviation0.11
R-Squared0.49
Alpha-0.00486
Financial Highlights & Ratios
Price to Book (P/B)3.61
Price to Sales (P/S)1.83
Price to Cash Flow (P/CF)10.40
P/FCF Ratio10.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.37
Enterprise Value/Gross Profit5.80
Enterprise Value/Ebitda12.28
Forecast
1Y Price Target
$90.25Price Target Upside29.54% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Fortune Brands Innovations News
PremiumCompany Announcements
Fortune Brands Reports Margin Growth Amid Sales Decline
Bulls Say, Bears Say
Bulls Say
Connected ProductsFBIN's connected product business provides a nice avenue for growth.
Digital MilestonesManagement highlighted several new digital milestones, including the signing of seven insurance contracts, which are expected to help feed FBIN's opportunity pipeline.
Operating MarginOperating margin increased across all three segments despite weaker sales, indicating successful productivity initiatives and cost cuts.
Bears Say
Earnings GuidanceFull-year guidance was lowered, with Q4 implied EPS below the Street.
Growth ProjectionsDigital sales conversion is taking longer than anticipated, affecting projected growth from digital initiatives.
Revenue PerformanceRevenue missed expectations across all three segments with the largest miss in Security due to elevated competition and other factors.
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Ownership Overview
0.54% Insiders
27.74% Mutual Funds
25.61% Other Institutional Investors
21.38% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FBIN FAQ
What was Fortune Brands Innovations’s price range in the past 12 months?
Fortune Brands Innovations lowest stock price was $62.54 and its highest was $90.53 in the past 12 months.
What is Fortune Brands Innovations’s market cap?
Currently, no data Available
When is Fortune Brands Innovations’s upcoming earnings report date?
Fortune Brands Innovations’s upcoming earnings report date is Jan 29, 2025 which is in 39 days.
How were Fortune Brands Innovations’s earnings last quarter?
Fortune Brands Innovations released its earnings results on Nov 06, 2024. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.145 by $0.015.
Is Fortune Brands Innovations overvalued?
According to Wall Street analysts Fortune Brands Innovations’s price is currently Undervalued.
Does Fortune Brands Innovations pay dividends?
Fortune Brands Innovations pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 1.4%. See more information on Fortune Brands Innovations dividends here
What is Fortune Brands Innovations’s EPS estimate?
Fortune Brands Innovations’s EPS estimate is $1.05.
How many shares outstanding does Fortune Brands Innovations have?
Fortune Brands Innovations has 124,225,630 shares outstanding.
What happened to Fortune Brands Innovations’s price movement after its last earnings report?
Fortune Brands Innovations reported an EPS of $1.16 in its last earnings report, beating expectations of $1.145. Following the earnings report the stock price went down -6.118%.
Which hedge fund is a major shareholder of Fortune Brands Innovations?
Among the largest hedge funds holding Fortune Brands Innovations’s share is Diamond Hill Capital Management Inc. It holds Fortune Brands Innovations’s shares valued at 36M.
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Fortune Brands Innovations Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$90.25 (29.54% Upside)
$90.25 (29.54% Upside)
Blogger Sentiment
Neutral
FBIN Sentiment 50%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 265.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.8%
Last 30 Days ▲ 12.2%
Last 30 Days ▲ 12.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.60%
12-Months-Change
Fundamentals
Return on Equity
19.42%
Trailing 12-Months
Asset Growth
-0.30%
Trailing 12-Months
Company Description
Fortune Brands Innovations
Fortune Brands Home & Security, Inc. manufactures and supplies home and security products and services. The company operates through the following segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities, for the kitchen, bath and other parts. The Plumbing segment involves faucets, accessories, and kitchen sinks. The Doors segment comprises of fiberglass and steel entry door systems. The Security segment offers locks, safety and security devices, and electronic security products manufactured, sourced, and distributed under the Master Lock brand. Its brands include master lock security products, masterbrand cabinets, Moen faucets, Simonton windows, and Therma-Tru entry door systems. The company was founded on June 9, 1988 and is headquartered in Deerfield, IL.
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FBIN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted strong margin improvements and growth in digital products despite a challenging market environment. Sales declines, particularly in China, and hurricane impacts led to a cautious outlook. However, strategic initiatives and margin enhancements indicate potential for future growth.Read More>---
FBIN Stock 12 Month Forecast
Average Price Target
$90.25
▲(29.54% Upside)
Technical Analysis
Best Analysts Covering FBIN
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+22.03%
reiterated a buy rating last month
Copying Keith Hughes's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +22.03% per trade.
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