Fortune Brands Innovations Inc (NYSE: FBIN) kicked off on Tuesday, down -1.18% from the previous trading day, before settling in for the closing price of $76.30. Over the past 52 weeks, FBIN has traded in a range of $54.10-$84.92.
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Annual sales at Industrials sector company slipped by -0.78% over the past five years. While this was happening, its average annual earnings per share was recorded 9.75%. With a float of $125.49 million, this company’s outstanding shares have now reached $126.29 million.
Let’s look at the performance matrix of the company that is accounted for 11700 employees.
Fortune Brands Innovations Inc (FBIN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Building Products & Equipment Industry. The insider ownership of Fortune Brands Innovations Inc is 0.50%, while institutional ownership is 90.01%. The most recent insider transaction that took place on Mar 11 ’24, was worth 162,204. In this transaction Director of this company sold 2,000 shares at a rate of $81.10, taking the stock ownership to the 2,435 shares. Before that another transaction happened on Mar 05 ’24, when Company’s EVP, Group President sold 19,530 for $81.60, making the entire transaction worth $1,593,671. This insider now owns 64,918 shares in total.
Fortune Brands Innovations Inc (FBIN) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 29.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 9.75% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.53% during the next five years compared to 3.55% growth over the previous five years of trading.
Fortune Brands Innovations Inc (NYSE: FBIN) Trading Performance Indicators
Take a look at Fortune Brands Innovations Inc’s (FBIN) current performance indicators. Last quarter, stock had a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.06. Likewise, its price to free cash flow for the trailing twelve months is 11.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.17, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 4.78 in one year’s time.
Technical Analysis of Fortune Brands Innovations Inc (FBIN)
Fortune Brands Innovations Inc (NYSE: FBIN) saw its 5-day average volume 1.04 million, a negative change from its year-to-date volume of 1.06 million. As of the previous 9 days, the stock’s Stochastic %D was 10.81%. Additionally, its Average True Range was 1.89.
During the past 100 days, Fortune Brands Innovations Inc’s (FBIN) raw stochastic average was set at 51.43%, which indicates a significant increase from 11.11% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.01% in the past 14 days, which was lower than the 25.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.46, while its 200-day Moving Average is $71.76. Nevertheless, the first resistance level for the watch stands at $75.86 in the near term. At $76.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $77.15. If the price goes on to break the first support level at $74.57, it is likely to go to the next support level at $73.75. Assuming the price breaks the second support level, the third support level stands at $73.29.
Fortune Brands Innovations Inc (NYSE: FBIN) Key Stats
The company with the Market Capitalisation of 9.51 billion has total of 125,701K Shares Outstanding. Its annual sales at the moment are 4,626 M in contrast with the sum of 404,500 K annual income. Company’s last quarter sales were recorded 1,161 M and last quarter income was 81,300 K.
