Fortune Brands Innovations Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 21 out of 56 in the Homebuilding & Construction Supplies industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 47.02.In the medium term, the stock price is expected to trend down.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Fortune Brands Innovations Inc is 7.31, ranking 31 out of 56 in the Homebuilding & Construction Supplies industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 1.01B, representing a year-over-year decrease of 2.11%, while its net profit experienced a year-over-year decrease of 52.92%.
Key Metrics
The current valuation score of Fortune Brands Innovations Inc is 7.96, ranking 24 out of 56 in the Homebuilding & Construction Supplies industry. Its current P/E ratio is 15.23, which is 81.30% below the recent high of 27.61 and 29.95% above the recent low of 10.67.
The current earnings forecast score of Fortune Brands Innovations Inc is 6.32, ranking 43 out of 56 in the Homebuilding & Construction Supplies industry. The average price target is 62.00, with a high of 79.00 and a low of 49.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Fortune Brands Innovations Inc is 6.61, ranking 23 out of 56 in the Homebuilding & Construction Supplies industry. Currently, the stock price is trading between the resistance level at 40.06 and the support level at 31.24, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Fortune Brands Innovations Inc is 10.00, ranking 1 out of 56 in the Homebuilding & Construction Supplies industry. The latest institutional shareholding proportion is 103.67%, representing a quarter-over-quarter decrease of 0.92%. The largest institutional shareholder is David G. Herro, holding a total of 7.64M shares, representing 6.41% of shares outstanding, with 15.72% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Homebuilding & Construction Supplies domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Fortune Brands Innovations Inc is 7.73, ranking 18 out of 56 in the Homebuilding & Construction Supplies industry. The company's beta value is 1.37. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
