Shares of Hamilton Beach Brands Holding Co (NYSE:HBB) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Brokerages have set a 1 year consensus price objective of $26.00 for the company and are predicting that the company will post $1.50 EPS for the current quarter, according to Zacks. Zacks has also given Hamilton Beach Brands an industry rank of 208 out of 257 based on the ratings given to related companies.

Several research analysts have commented on HBB shares. Zacks Investment Research upgraded Hamilton Beach Brands from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 15th. TheStreet upgraded Hamilton Beach Brands from a “d+” rating to a “c-” rating in a research note on Thursday, November 29th.

NYSE HBB traded down $1.00 during trading hours on Friday, hitting $20.77. The company had a trading volume of 18,000 shares, compared to its average volume of 39,404. Hamilton Beach Brands has a 52 week low of $18.03 and a 52 week high of $31.30. The company has a quick ratio of 0.51, a current ratio of 1.19 and a debt-to-equity ratio of 0.55. The company has a market cap of $294.79 million, a P/E ratio of 12.59 and a beta of -0.47.

Hamilton Beach Brands (NYSE:HBB) last issued its earnings results on Wednesday, October 31st. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.43 by $0.16. Hamilton Beach Brands had a return on equity of 51.86% and a net margin of 2.67%. The business had revenue of $196.90 million during the quarter. Equities research analysts anticipate that Hamilton Beach Brands will post 2 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, December 14th. Shareholders of record on Friday, November 30th will be paid a $0.085 dividend. The ex-dividend date is Thursday, November 29th. This represents a $0.34 annualized dividend and a yield of 1.64%. Hamilton Beach Brands’s dividend payout ratio is currently 20.61%.

A number of hedge funds and other institutional investors have recently modified their holdings of HBB. Rhumbline Advisers bought a new stake in shares of Hamilton Beach Brands during the 2nd quarter valued at about $208,000. GSA Capital Partners LLP bought a new stake in shares of Hamilton Beach Brands during the 2nd quarter valued at about $238,000. Cornerstone Wealth Management LLC bought a new stake in shares of Hamilton Beach Brands during the 3rd quarter valued at about $243,000. UBS Group AG boosted its position in shares of Hamilton Beach Brands by 58.8% during the 1st quarter. UBS Group AG now owns 15,897 shares of the company’s stock valued at $337,000 after acquiring an additional 5,885 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. bought a new stake in shares of Hamilton Beach Brands during the 2nd quarter valued at about $399,000. Institutional investors and hedge funds own 39.24% of the company’s stock.

About Hamilton Beach Brands

Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the under the Hamilton Beach, Proctor Silex brand names.

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