Fortune Brands Innovations Inc. (FBIN) Stock Forecast & Price Target
Fortune Brands Innovations Inc. · NYSE
$51.08-0.40 (-0.78%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 13 firms covering Fortune Brands Innovations Inc, 4 rate it Buy or better, 8 sit at Hold, and 1 rate it Sell or worse, a hold consensus. Targets span $39.00 to $70.00, a moderate spread. The average target of $53.27 sits 4% above the current $51.08. The rating mix has stayed broadly stable, with Buy-side ratings edging up from 3 to 4 over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.93 next quarter toward $3.66 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS13 ratings
Hold
Strong Buy00%
Buy431%
Hold862%
Sell18%
Strong Sell00%
Based on 13 analysts giving stock ratings to Fortune Brands Innovations Inc.
As of Jul, 4 of 13 firms rate FBIN a Buy (8 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
FBIN EPS & revenue forecast
EPS · NEXT QUARTER
$0.93
Range $0.82 – $1.16 · 16 analysts · -14% YoY
Next period, 16 analysts expect Fortune Brands Innovations Inc. to earn $0.93 a share (range $0.82 – $1.16), versus $1.09 a year earlier. Full-year consensus is $3.14, growing to $3.66 the year after.
REVENUE · NEXT QUARTER
$1.1B
Range $1.1B – $1.2B · 16 analysts · -1% YoY
Revenue is expected to reach $1.1B (range $1.1B – $1.2B), -1.2% year-over-year. Full-year consensus is $4.4B, rising to $4.5B next year.
Top analysts covering Fortune Brands Innovations Inc.
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FBIN.
#1
Mike Dahl
RBC Capital · Rank #173
Buy
$50.00-2.1% to target
Overall win rate
45%
+ Follow
#2
Timothy Wojs
Baird · Rank #248
Hold
$44.00-13.9% to target
Overall win rate
35%
+ Follow
#3
Tyler Batory
Oppenheimer · Rank #308
Hold
No targeton FBIN
Overall win rate
25%
+ Follow
#4
Matthew Bouley
Barclays
Hold
$56.00+9.6% to target
Coverage
—
+ Follow
#5
Keith Hughes
Truist Securities
Buy
$70.00+37.0% to target
Coverage
—
+ Follow
FBIN stock forecast FAQ
What is FBIN's average 12-month price target?+
The 11 analysts with a live target average $53.27 for Fortune Brands Innovations Inc. over the next 12 months, ranging from a $70.00 high to a $39.00 low.
Is FBIN stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 13 analyst ratings, 4 are Buy or Strong Buy, 8 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for FBIN?+
The Street-high target is $70.00 (Truist Securities), and the Street-low is $39.00 (JP Morgan). The average of all 11 active targets is $53.27.
How many Wall Street analysts cover FBIN?+
13 analysts have an active rating on Fortune Brands Innovations Inc., and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering FBIN?+
Among analysts who currently cover FBIN, Mike Dahl of RBC Capital has the strongest overall Quantellect track record (Rank #173). Their current call is Buy with a $50.00 target.
What is Fortune Brands Innovations Inc.'s projected EPS for next quarter?+
The consensus estimate is $0.93 per share (range $0.82 – $1.16) across 16 analysts. Full-year EPS is projected at $3.14, rising to $3.66 the following year.
How much revenue is Fortune Brands Innovations Inc. expected to report next quarter?+
Consensus revenue is $1.1B (range $1.1B – $1.2B). Full-year revenue is projected at $4.4B, growing to $4.5B next year.
Have analysts been upgrading or downgrading FBIN lately?+
As of Jul, 4 of 13 firms rate FBIN a Buy (8 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FBIN calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.