Fortune Brands Home & sk© Security SAVER SALE, Inc. (NYSE:FBHS): Stock Review and Analyst Ratings Watch – Cedarville News

Wall Street analysts often give recommendations on equities that they cover. These analysts typically have a deep understanding of the health of a particular company. Taking a quick look at shares of Fortune Brands Home & sk© Security SAVER SALE, Inc. (NYSE:FBHS), we note that the current average broker rating is now 2.07. This data is provided by Zacks Research using a ratings scale from 1 and 5. A broker rating of 1 would translate into a Strong Buy. A rating of 5 would indicate a Strong Sell recommendation. This average broker rating may help provide some insight on how the sell-side is currently viewing company stock. After a recent scan, we have also noticed that 7 Street analysts have rated the stock a Strong Buy or Buy, based analysts polled by Zacks Research. 

Investors may be searching high and low in the market to find some bargain stocks to add to the portfolio. Finding those great stocks at cheap prices may take a lot of research and dedication. Many investors will opt to compare stocks in the same industry. This may be a good way to help determine which ones are poised to stand out above the rest. As we move into the second half of the year, all eyes will be watching the major economic reports. If the data continues to impress, the stock market may continue to cruise along without many hiccups. Careful investors will no doubt be combing through specific company data to make sure the fundamentals are in line as well. Following company fundamentals and stock technicals may help create a wider frame of reference to work with.

Following shares of Fortune Brands Home & sk© Security SAVER SALE, Inc. (NYSE:FBHS), we can see that the average consensus target price based on contributing analysts is currently $56.75. Wall Street analysts often provide price target projections on where they believe the stock will be headed in the future. Because price target projections are essentially the opinions of covering analysts, they have the ability to vary widely from one analyst to another. Navigating the equity markets can seem daunting at times. Finding ways to identify the important data can make a big difference in sustaining profits into the future. As we move closer to the end of the year, investors will be watching to see which way the momentum shifts and if stocks are still primed to go higher. Investors might choose to rely heavily on analyst research and corresponding target predictions, or they may choose to use them as a guide to supplement their own research.

Zooming in on the current quarter EPS consensus estimate for Fortune Brands Home & sk© Security SAVER SALE, Inc. (NYSE:FBHS), we see that the current number is 0.59. This EPS estimate is using 14 Wall Street analysts polled by Zacks Research. Last quarter, the company stated a quarterly EPS of 0.86. Sell-side analysts have the task of examining companies and providing estimates relating to future results. These estimates carry a lot of weight on the Street, and earnings hits or misses revolve around these numbers. Sometimes these predictions are very close to the actual reported number, and other times they are not. Many investors will be closely watching which way analyst estimates are being adjusted right before earnings. This may provide some insight on how good or bad the numbers for the quarter are likely to be. Investors might want to take a look at their holdings after the earnings reports to make sure that nothing extremely out of the ordinary after combing through the results.

Individual investors might be looking at all the angles in order to concoct a winning plan for the next few quarters. The diligent investor is typically on the ball and ready to encounter any unforeseen market movements. Monitoring recent stock price activity on shares of Fortune Brands Home & sk© Security SAVER SALE, Inc. (NYSE:FBHS) we have noted that the stock price has been trading near $46.21. Turning the focus to some historical price information, we note that the stock has moved 12.73% over the previous 12 weeks. Since the start of the year, we note that shares have seen a change of 21.64%. Over the last 4 weeks, shares have seen a change of 3.26%. Over the last 5 sessions, the stock has moved -1.93%. After a recent scan, we can see that the 52-week high is currently $63.52, and the 52-week low is presently $35.96.

There are many factors that may influence stock price action. One of the most influential factors is company earnings. Company earnings reports can be extremely important for investors. Earnings reports have the ability to let investors know how well or poorly a company has been performing. Investors may try to capitalize on trading around earnings announcements. This can be a very tricky venture and may be quite risky. Studying stock price movements around earnings reports can sometimes be confusing. Often times a company will post better than expected numbers but the stock will drop in price. On the other side, shares may see a bounce even after disappointing results. Analysts try to project what numbers the company will post, but they may not be accurate for a variety of reasons. Following analyst estimates around earnings reports may be helpful, but it may be wise to proceed with caution if only going on what the analysts are saying.

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