Headlines about Fortune Brands Home & Security (NYSE:FBHS) have trended somewhat positive on Wednesday, Accern Sentiment reports. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Fortune Brands Home & Security earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 45.7677499733774 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Therma-Tru Named “Brand Used Most” for More Than 20 Consecutive Years (finance.yahoo.com)
- Fortune Brands Home & Security (FBHS) Upgraded to “Hold” by BidaskClub (americanbankingnews.com)
- Fortune Brands Home & Security (FBHS) Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- Fortune Brands Home & Security (FBHS) PT Raised to $74.00 at Credit Suisse Group (americanbankingnews.com)
- Fortune Brands Home & Security (FBHS) Price Target Raised to $78.00 at JPMorgan Chase (americanbankingnews.com)
NYSE FBHS traded up $0.03 during mid-day trading on Wednesday, reaching $58.74. 114,959 shares of the stock were exchanged, compared to its average volume of 1,595,032. Fortune Brands Home & Security has a 1-year low of $56.59 and a 1-year high of $73.62. The firm has a market cap of $8,838.95, a P/E ratio of 18.89, a price-to-earnings-growth ratio of 1.32 and a beta of 1.39. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.13 and a current ratio of 1.77.
Fortune Brands Home & Security (NYSE:FBHS) last announced its earnings results on Thursday, February 1st. The industrial products company reported $0.80 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.80. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.39 billion. Fortune Brands Home & Security had a net margin of 8.95% and a return on equity of 18.73%. Fortune Brands Home & Security’s revenue was up 6.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.71 earnings per share. equities analysts predict that Fortune Brands Home & Security will post 3.63 EPS for the current year.
Several research firms recently issued reports on FBHS. Zacks Investment Research raised shares of Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Wednesday, April 4th. Loop Capital started coverage on shares of Fortune Brands Home & Security in a report on Thursday, March 1st. They set a “buy” rating and a $77.00 price target for the company. Nomura dropped their target price on shares of Fortune Brands Home & Security from $78.00 to $74.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. Credit Suisse Group reaffirmed an “outperform” rating and issued a $80.00 target price (up from $74.00) on shares of Fortune Brands Home & Security in a report on Monday, January 22nd. They noted that the move was a valuation call. Finally, Barclays dropped their target price on shares of Fortune Brands Home & Security from $71.00 to $70.00 and set an “equal weight” rating for the company in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $73.00.
In other Fortune Brands Home & Security news, Director Ronald V. Waters sold 5,000 shares of Fortune Brands Home & Security stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $57.43, for a total value of $287,150.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.71% of the stock is owned by company insiders.
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About Fortune Brands Home & Security
Fortune Brands Home & Security, Inc, together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in four 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 of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America.
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