With 3.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.93 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 $65.93. With its current market cap of 6.14 billion, FBIN has annualized dividend of $0.97 while the current yield stands at 1.90%. Beta for the stock currently stands at 1.42.
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 -4.16%, but this was up by 5.23% over a month. Three-month performance dropped to -26.02% while six-month performance fell -39.27%. The stock lost -30.73% in the past year, while it has lost -25.23% so far this year. A look at the trailing 12-month EPS for FBIN yields 3.41 with Next year EPS estimates of 4.43. For the next quarter, that number is 1.03. This implies an EPS growth rate of -3.88% for this year and 11.98% for next year. EPS is expected to grow by 8.04% 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 120.47 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 $1.3 and the low estimate is $1.07. The average estimate for the next quarter is thus $1.17.
