Fortune Brands Home & Security (NYSE:FBHS) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a report issued on Tuesday.

Other research analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Fortune Brands Home & Security from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Monday, July 30th. Bank of America cut Fortune Brands Home & Security from a “buy” rating to a “neutral” rating and set a $62.00 price objective on the stock. in a research note on Monday, May 14th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. Fortune Brands Home & Security currently has an average rating of “Hold” and a consensus price target of $68.77.

Shares of FBHS traded down $0.06 during midday trading on Tuesday, reaching $52.92. 2,202,900 shares of the company were exchanged, compared to its average volume of 1,679,976. The stock has a market cap of $7.55 billion, a PE ratio of 17.18, a P/E/G ratio of 1.15 and a beta of 1.27. Fortune Brands Home & Security has a 1-year low of $52.52 and a 1-year high of $73.62. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.47 and a quick ratio of 0.96.

Fortune Brands Home & Security (NYSE:FBHS) last issued its quarterly earnings data on Thursday, July 26th. The industrial products company reported $1.00 EPS for the quarter, missing the Zacks’ consensus estimate of $1.02 by ($0.02). The company had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.44 billion. Fortune Brands Home & Security had a return on equity of 20.07% and a net margin of 8.53%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 EPS. research analysts anticipate that Fortune Brands Home & Security will post 3.64 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB lifted its stake in shares of Fortune Brands Home & Security by 4.7% in the first quarter. Xact Kapitalforvaltning AB now owns 20,238 shares of the industrial products company’s stock worth $1,192,000 after acquiring an additional 915 shares in the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Fortune Brands Home & Security by 17.1% in the second quarter. Riverhead Capital Management LLC now owns 6,322 shares of the industrial products company’s stock worth $339,000 after acquiring an additional 923 shares in the last quarter. Saturna Capital CORP lifted its stake in shares of Fortune Brands Home & Security by 27.0% in the first quarter. Saturna Capital CORP now owns 4,700 shares of the industrial products company’s stock worth $277,000 after acquiring an additional 1,000 shares in the last quarter. D.A. Davidson & CO. lifted its stake in shares of Fortune Brands Home & Security by 10.8% in the second quarter. D.A. Davidson & CO. now owns 10,518 shares of the industrial products company’s stock worth $565,000 after acquiring an additional 1,024 shares in the last quarter. Finally, Creative Planning lifted its stake in shares of Fortune Brands Home & Security by 16.8% in the second quarter. Creative Planning now owns 7,817 shares of the industrial products company’s stock worth $420,000 after acquiring an additional 1,123 shares in the last quarter. Institutional investors and hedge funds own 85.61% of the company’s stock.

Fortune Brands Home & Security Company Profile

Fortune Brands Home & Security, Inc, together with its subsidiaries, provides home and security products for residential home repair, remodeling, new construction, and security applications. It operates in four segments: Cabinets, Plumbing, Doors, and Security. The Cabinets segment manufactures custom, semi-custom, and stock cabinetry, as well as vanities for the kitchen, bath, and other parts of the home directly to kitchen and bath dealers, home centers, wholesalers, and builders in North America.

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Analyst Recommendations for Fortune Brands Home & Security (NYSE:FBHS)

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