Analyst Ratings for Fortune Brands Home & Security Inc. (FBHS)Updated: 2017-07-29
Analysts covering Fortune Brands Home & Security Inc. (NYSE:FBHS) have given it a consensus rating of Overweight. Last month, FBHS received an average rating of Overweight.
Of the 21 analysts covering the stock, 8 gave it a buy rating, 2 issued an overweight rating, 11 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
FBHS was given price targets by several analysts. The most optimistic price target was 78, which equates to a potential upside of 18.79 percent. The most pessimistic analyst gave a price target of 62, which equates to a potential downside of -5.57 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -0.57 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.16 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.82 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of FBHS's earnings is estimated by analysts to be 12.54 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of FBHS is 1.91.
In the trailing 52-weeks, FBHS hit 67.50 at the highest peak, while it's lowest trading point was 52.05. The current market price is above the trailing year's low by 26.15 percent, and below the high by 2.73 percent. FBHS has a P/E ratio of 23.96. Investors typically compare the P/E ratio to a company's peers in the industry. The FBHS value stock report compares FBHS to some of its peers using value stock charts. The stock has a market capitalization of $10.1 billion. FBHS's next earnings release will be on 0000-00-00, which is days away.