Fortune Brands Home & Security, (NYSE:FBHS).
On September 23, 2016 Bank of America began coverage of FBHS setting a rating of “Buy”. On September 1 analysts at Citigroup started covering the stock by announcing an initial rating of “Neutral” and setting a price target of $65.00.
July 28 investment analysts at Jefferies maintained a company rating of “Buy” but moved up the price target from $67.00 to $72.00. Equity analyst Jefferies began coverage of the stock with a rating of “Buy” and establishing a price target of $67.00.
Topeka Capital initiated coverage with an initial rating of “Buy” and projecting a price target of $64.00.
The company is now down since yesterday’s close of $58.99. The company also recently declared a dividend for shareholders which was paid on Wednesday the 14th of September 2016. The dividend payment was $0.160 per share for the quarter which is $0.64 annualized. This dividend amount was represent a yeild of $1.09. The ex-dividend date was Wednesday the 24th of August 2016.
Shares last traded at $58.54 which is just under $61.13, the stock’s 50 day moving average and which is marginally under the 200 day moving average of $58.73. The 50 day moving average went down by -4.23% and the 200 day average went down by -0.33%.
The company currently has a P/E ratio of 24.60 and market cap is 9.01B. In the latest earnings report the EPS was $2.38 and is expected to be $2.74 for the current year with 153,902,000 shares outstanding. Next quarter’s EPS is expected be $0.73 with next year’s EPS anticipated to be $3.15.