Fortune Brands Home & Security, Inc. (NYSE:FBHS) registered a -1.17% decrease, still its new closing price is 27.32% up from the company’s 1 year high of 64.13.It posted -1.45% losses in previous 5 sessions and is now the subject of 10 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 21 stock analysts following this company have an average price target at $64.46, with individual PT in the $58.00-$71.00 range. The shares moved at $55.64, implying that brokerage firms see shares gaining about 21.31% in twelve months time.
Fortune Brands Home & Security, Inc. (FBHS) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.08% rise year to date. A CEO at Fortune Brands Home & Security, Inc. (FBHS) offloaded shares in a transaction closed on Friday August 05, 2016. KLEIN CHRISTOPHER J sold 150,000 shares in the company at $63.55 each and collected $9,532,001 in proceeds. KLEIN CHRISTOPHER J now owns 381,308 shares in the company after this transaction. A President MasterBrand Cabinets in the company, Randich David, disclosed a transaction on Monday August 01, 2016 that ended up generating $3,509,000 from the sale of 55,600 shares at $63.12 per share.
Fortune Brands Home & Security, Inc. (NYSE:FBHS) Upcoming Results on Tap
Fortune Brands Home & Security, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.47 in that period. Sales during the quarter are predicted to arrive at $1.18 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.3 billion in revenue and EPS of $0.71. The mean forecast was for $1.31 billion and $0.69 a share, respectively. One quarter earlier, revenue for the stock was at $1.28 billion, with earnings at $0.80/share.
Fortune Brands Home & Security, Inc. (FBHS) Brokerage Update
Fortune Brands Home & Security, Inc. (FBHS) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Goldman, according to news reported on Monday December 12, 2016.Another important research note was issued by JP Morgan on Monday October 31, 2016.The firm upgraded FBHS to Overweight from Neutral. Over the last six months and over the last three months, the shares of Fortune Brands Home & Security, Inc. (FBHS), have changed -11.83% and 4.60%, respectively.