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After finishing at $70.02 in the prior trading day, Fortune Brands Innovations Inc (NYSE: FBIN) closed at $68.56, down -2.09%. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 1.15 million shares were traded. FBIN stock price reached its highest trading level at $70.73 during the session, while it also had its lowest trading level at $68.533.
Ratios:
Our goal is to gain a better understanding of FBIN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 24.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.20. For the most recent quarter (mrq), Quick Ratio is recorded 0.69 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 1.21 whereas as Long-Term Debt/Eq ratio is at 1.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on January 31, 2024, Downgraded its rating to Market Perform and sets its target price to $82 from $76 previously.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 12 ’24 when Sheri Grissom bought 16,202 shares for $76.89 per share.
HACKETT ANN F sold 2,197 shares of FBIN for $174,414 on Aug 27 ’24. The Director now owns 34,815 shares after completing the transaction at $79.39 per share. On Aug 27 ’24, another insider, HACKETT ANN F, who serves as the Director of the company, bought 2,197 shares for $80.92 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FBIN now has a Market Capitalization of 8516934144 and an Enterprise Value of 11258578944. As of this moment, Fortune’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.29, and their Forward P/E ratio for the next fiscal year is 15.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.59. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 2.413 whereas that against EBITDA is 11.575.
Stock Price History:
Over the past 52 weeks, FBIN has reached a high of $90.54, while it has fallen to a 52-week low of $62.54. The 50-Day Moving Average of the stock is -14.94%, while the 200-Day Moving Average is calculated to be -10.98%.
Shares Statistics:
The stock has traded on average 1.11M shares per day over the past 3-months and 955060 shares per day over the last 10 days, according to various share statistics. A total of 124.36M shares are outstanding, with a floating share count of 123.42M. Insiders hold about 0.65% of the company’s shares, while institutions hold 91.95% stake in the company. Shares short for FBIN as of 1732838400 were 2525863 with a Short Ratio of 2.27, compared to 1730332800 on 3019608. Therefore, it implies a Short% of Shares Outstanding of 2525863 and a Short% of Float of 2.34.
Dividends & Splits
In the trailing 12 months, FBIN’s forward annual dividend rate was 0.95, compared to 0.96 this year. Against a Trailing Annual Dividend Yield of 0.013567553The stock’s 5-year Average Dividend Yield is 1.36.
