Hamilton Beach Brands Holding Co (NYSE:HBB) Given $20.00 Average Target Price by Analysts
Shares of Hamilton Beach Brands Holding Co (NYSE:HBB) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Analysts have set a 1-year consensus price objective of $20.00 for the company and are anticipating that the company will post $1.45 EPS for the current quarter, according to Zacks. Zacks has also given Hamilton Beach Brands an industry rank of 184 out of 255 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded shares of Hamilton Beach Brands from a “buy” rating to a “hold” rating in a report on Wednesday, November 13th.
Shares of NYSE HBB traded down $0.66 during trading hours on Tuesday, hitting $18.74. The stock had a trading volume of 27,800 shares, compared to its average volume of 43,772. The firm’s 50-day moving average price is $18.84 and its two-hundred day moving average price is $16.95. Hamilton Beach Brands has a 52 week low of $12.60 and a 52 week high of $29.35. The company has a market capitalization of $265.73 million, a P/E ratio of 11.79 and a beta of 0.16. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.50 and a current ratio of 1.19.
Hamilton Beach Brands (NYSE:HBB) last posted its earnings results on Wednesday, November 6th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.60 by ($0.43). The business had revenue of $169.78 million during the quarter, compared to analyst estimates of $191.40 million. Hamilton Beach Brands had a net margin of 1.80% and a return on equity of 24.14%. As a group, analysts expect that Hamilton Beach Brands will post 1.45 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $0.36 annualized dividend and a yield of 1.92%. Hamilton Beach Brands’s dividend payout ratio (DPR) is currently 22.64%.
About Hamilton Beach Brands
Hamilton Beach Brands Holding Company, together with its subsidiaries, operates in the consumer, commercial, specialty small appliance, and specialty retail market in the United States and internationally. It designs, markets, and distributes a range of small branded electric household and specialty housewares small appliances, including blenders, can openers, coffeemakers, food processors, indoor electric grills, irons, mixers, slow cookers, toasters, and toaster ovens, as well as commercial products for restaurants, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands.
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