Fortune Brands Innovations Stock Today
FBIN Stock | 78.30 0.33 0.42% |
Performance1 of 100
| Odds Of DistressLess than 5
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Fortune Brands is selling at 78.30 as of the 30th of November 2024; that is 0.42% up since the beginning of the trading day. The stock's open price was 77.97. Fortune Brands has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Note, on February 22, 2023, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Fortune Brands Innov's common stock.
Business Domain Capital Goods | IPO Date 16th of September 2011 | Category Industrials |
Fortune Brands is entity of United States. It is traded as Stock on NYSE exchange. The company has 124.23 M outstanding shares of which 2.41 M shares are currently shorted by private and institutional investors with about 1.97 trading days to cover. More on Fortune Brands Innovations
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ESG Sustainability
Environmental | Governance | Social |
CEO Director | Nicholas JD | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Thematic Idea | Construction (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Building Products, Building Products & Equipment, Industrials, NYSE Composite, SP Midcap 400, Construction, Industrials, Building Products, Building Products & Equipment, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsFortune Brands can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Fortune Brands' financial leverage. It provides some insight into what part of Fortune Brands' total assets is financed by creditors.
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Fortune Brands Innovations (FBIN) is traded on New York Stock Exchange in USA. It is located in 520 Lake Cook Road, Deerfield, IL, United States, 60015-5611 and employs 11,700 people. Fortune Brands is listed under Building Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.69 B. Fortune Brands Innov conducts business under Building Products sector and is part of Industrials industry. The entity has 124.23 M outstanding shares of which 2.41 M shares are currently shorted by private and institutional investors with about 1.97 trading days to cover.
Fortune Brands generates positive cash flow from operations, but has no cash available
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Ownership AllocationFortune Brands holds a total of 124.23 Million outstanding shares. The majority of Fortune Brands Innovations outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Fortune Brands Innov to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Fortune Brands. Please pay attention to any change in the institutional holdings of Fortune Brands Innovations as this could imply that something significant has changed or is about to change at the company. On February 22, 2023, Representative Michael McCaul of US Congress acquired $15k to $50k worth of Fortune Brands Innov's common stock.
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Fortune Brands Historical Income Statement
Fortune Stock Against Markets
Fortune Brands Corporate Management
Hiranda Donoghue | Chief VP | Profile | |
Dong Lee | Executive Officer | Profile | |
Danny Luburic | Executive Officer | Profile | |
Ron Wilson | Executive Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Brands Innovations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortune Brands. If investors know Fortune will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortune Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.019 | Dividend Share 0.95 | Earnings Share 3.55 | Revenue Per Share 37.269 | Quarterly Revenue Growth (0.08) |
The market value of Fortune Brands Innov is measured differently than its book value, which is the value of Fortune that is recorded on the company's balance sheet. Investors also form their own opinion of Fortune Brands' value that differs from its market value or its book value, called intrinsic value, which is Fortune Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortune Brands' market value can be influenced by many factors that don't directly affect Fortune Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortune Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortune Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortune Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.