Ratings for Fortune Brands FBIN were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 1 | 4 | 0 | 0 |
| Last 30D | 2 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 2 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $80.67, a high estimate of $86.00, and a low estimate of $75.00. This current average represents a 2.55% decrease from the previous average price target of $82.78.
Exploring Analyst Ratings: An In-Depth Overview
The perception of Fortune Brands by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Susan Maklari | Goldman Sachs | Raises | Buy | $86.00 | $75.00 |
| Mike Dahl | RBC Capital | Raises | Sector Perform | $81.00 | $79.00 |
| Keith Hughes | Truist Securities | Raises | Buy | $82.00 | $75.00 |
| Matthew Bouley | Barclays | Lowers | Overweight | $84.00 | $90.00 |
| Garik Shmois | Loop Capital | Lowers | Hold | $79.00 | $82.00 |
| Susan Maklari | Goldman Sachs | Lowers | Buy | $75.00 | $88.00 |
| Keith Hughes | Truist Securities | Lowers | Buy | $75.00 | $92.00 |
| Stephen Kim | Evercore ISI Group | Lowers | In-Line | $78.00 | $79.00 |
| Timothy Wojs | Baird | Raises | Neutral | $86.00 | $85.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Fortune Brands. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Fortune Brands compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Fortune Brands's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Fortune Brands's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Fortune Brands analyst ratings.
About Fortune Brands
Fortune Brands Innovations is a leading home and security products company that has three reportable segments. The company's $2.6 billion water segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures; the $1.3 billion outdoors segment primarily sells entry doors under the Therma-Tru brand name and Fiberon-branded patio decking; and the $723 million security segment sells locks and other security devices under the Master Lock, SentrySafe, Yale, and August brand names.
Fortune Brands: Delving into Financials
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Fortune Brands's revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 6.69%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Industrials sector.
Net Margin: Fortune Brands's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 8.69%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Fortune Brands's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 4.21%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 1.44%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.4, caution is advised due to increased financial risk.
What Are Analyst Ratings?
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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