With 1.53 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.27 million shares. The 52-week range on FBIN shows that it touched its highest point at $90.54 and its lowest point at $47.21 during that stretch. It currently has a 1-year price target of $63.40. With its current market cap of 5.89 billion, FBIN has annualized dividend of $0.98 while the current yield stands at 2.00%. Beta for the stock currently stands at 1.37.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FBIN was down-trending over the past week, with a drop of -2.57%, but this was down by -8.14% over a month. Three-month performance dropped to -22.41% while six-month performance fell -37.22%. The stock lost -27.72% in the past year, while it has lost -28.33% so far this year. A look at the trailing 12-month EPS for FBIN yields 3.41 with Next year EPS estimates of 4.29. For the next quarter, that number is 0.98. This implies an EPS growth rate of -7.39% for this year and 12.37% for next year. EPS is expected to grow by 7.82% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.20%.
Float and Shares Shorts:
At present, 121.33 million FBIN shares are outstanding with a float of 119.46 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FBIN since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.21754 being high and $4.18748 being low. For FBIN, this leads to a yearly average estimate of $4.1975. Based on analyst estimates, the high estimate for the next quarter is $1.27 and the low estimate is $1.07. The average estimate for the next quarter is thus $1.14.
