Fortune Brands Innovations Inc (NYSE: FBIN) on Tuesday, plunged -4.26% from the previous trading day, before settling in for the closing price of $64.09. Within the past 52 weeks, FBIN’s price has moved between $60.81 and $90.54.
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A company in the Industrials sector has dropped its sales by -3.91% annually for the last half of the decade. The company achieved an average annual earnings per share of 3.85%. With a float of $121.82 million, this company’s outstanding shares have now reached $123.64 million.
In an organization with 11000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 44.04%, operating margin of 16.41%, and the pretax margin is 13.14%.
Fortune Brands Innovations Inc (FBIN) Insider and Institutional Ownership
Observing investor behavior towards Building Products & Equipment industry stocks is more important than anything else. The insider ownership of Fortune Brands Innovations Inc is 0.62%, while institutional ownership is 95.63%. The most recent insider transaction that took place on Mar 04 ’25, was worth 29,943. In this transaction EVP and CHRO of this company bought 483 shares at a rate of $61.99, taking the stock ownership to the 7,617 shares. Before that another transaction happened on Feb 10 ’25, when Company’s EVP, Chief Supply Chain sold 1,500 for $68.94, making the entire transaction worth $103,405. This insider now owns 10,066 shares in total.
Fortune Brands Innovations Inc (FBIN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 3.85% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.77% during the next five years compared to 4.20% growth over the previous five years of trading.
Fortune Brands Innovations Inc (NYSE: FBIN) Trading Performance Indicators
Fortune Brands Innovations Inc (FBIN) is currently performing well based on its current performance indicators. A quick ratio of 0.65 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 15.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.76, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 4.81 in one year’s time.
Technical Analysis of Fortune Brands Innovations Inc (FBIN)
Let’s dig in a bit further. During the last 5-days, its volume was 1.75 million. That was better than the volume of 1.67 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.20%. Additionally, its Average True Range was 2.02.
During the past 100 days, Fortune Brands Innovations Inc’s (FBIN) raw stochastic average was set at 1.85%, which indicates a significant decrease from 8.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.09% in the past 14 days, which was higher than the 28.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $68.64, while its 200-day Moving Average is $74.73. However, in the short run, Fortune Brands Innovations Inc’s stock first resistance to watch stands at $63.50. Second resistance stands at $65.63. The third major resistance level sits at $66.82. If the price goes on to break the first support level at $60.17, it is likely to go to the next support level at $58.98. The third support level lies at $56.84 if the price breaches the second support level.
Fortune Brands Innovations Inc (NYSE: FBIN) Key Stats
Market capitalization of the company is 7.52 billion based on 122,577K outstanding shares. Right now, sales total 4,609 M and income totals 471,900 K. The company made 1,104 M in profit during its latest quarter, and 105,000 K in sales during its previous quarter.
