Fortune Brands Innovations Stock Price on October 19, 2024

FBIN Stock   69.52  0.13  0.19%   
Below is the normalized historical share price chart for Fortune Brands Innovations extending back to September 16, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Fortune Brands stands at 69.52, as last reported on the 24th of December, with the highest price reaching 69.52 and the lowest price hitting 69.52 during the day.
IPO Date
16th of September 2011
200 Day MA
76.9578
50 Day MA
80.2472
Beta
1.576
 
Yuan Drop
 
Covid
If you're considering investing in Fortune Stock, it is important to understand the factors that can impact its price. Fortune Brands Innov secures Sharpe Ratio (or Efficiency) of -0.18, which denotes the company had a -0.18% return per unit of risk over the last 3 months. Fortune Brands Innovations exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fortune Brands' Standard Deviation of 1.77, variance of 3.12, and Mean Deviation of 1.31 to check the risk estimate we provide.
  
At this time, Fortune Brands' Total Stockholder Equity is very stable compared to the past year. As of the 24th of December 2024, Stock Based Compensation is likely to grow to about 34.4 M, while Common Stock Shares Outstanding is likely to drop about 121.2 M. . At this time, Fortune Brands' Price Book Value Ratio is very stable compared to the past year. As of the 24th of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 15.31, while Price To Sales Ratio is likely to drop 1.06. Fortune Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.179

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsFBIN

Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.32
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.18
  actual daily
0
Most of other assets perform better
Based on monthly moving average Fortune Brands is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Fortune Brands by adding Fortune Brands to a well-diversified portfolio.
Price Book
3.6123
Enterprise Value Ebitda
12.4336
Price Sales
1.8548
Shares Float
116.9 M
Dividend Share
0.95

Fortune Brands Main Headline on 18th of October 2024

Filed transaction by Fortune Brands Innovations Director, Officer Chief Executive Officer. Grant, award or other acquisition pursuant to Rule 16b-3

Fortune Brands Valuation on October 19, 2024

It is possible to determine the worth of Fortune Brands on a given historical date. On October 19, 2024 Fortune was worth 89.21 at the beginning of the trading date compared to the closed value of 89.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Fortune Brands stock. Still, in general, we apply an absolute valuation method to find Fortune Brands' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Fortune Brands where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Fortune Brands' related companies.
 Open High Low Close Volume
  89.46    89.94    88.13    88.59    778,900  
10/18/2024
  89.21    89.91    88.32    89.72    691,000  
  89.69    89.69    87.61    87.87    916,100  
Backtest Fortune Brands  |  Fortune Brands History  |  Fortune Brands Valuation   PreviousNext  
Open Value
89.21
89.72
Closing Value
94.60
Upside

Fortune Brands Trading Date Momentum on October 19, 2024

On October 21 2024 Fortune Brands Innovations was traded for  87.87  at the closing time. The top price for the day was 89.69  and the lowest listed price was  87.61 . The trading volume for the day was 916.1 K. The trading history from October 21, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.06% . The overall trading delta against the current closing price is 4.10% .

Fortune Brands Innov Fundamentals Correlations and Trends

By evaluating Fortune Brands' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Fortune Brands' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Fortune financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Fortune Brands Stock history

Fortune Brands investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Fortune is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Fortune Brands Innov will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Fortune Brands stock prices may prove useful in developing a viable investing in Fortune Brands
Last ReportedProjected for Next Year
Common Stock Shares Outstanding127.7 M121.2 M
Net Income Applicable To Common Shares789.7 M672.1 M

Fortune Brands Quarterly Net Working Capital

486.9 Million

Fortune Brands Stock Technical Analysis

Fortune Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Fortune Brands technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Fortune Brands trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Fortune Brands Period Price Range

Low
December 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Fortune Brands Innovations cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Fortune Brands December 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Fortune Brands stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Fortune Brands shares will generate the highest return on investment. By undertsting and applying Fortune Brands stock market strength indicators, traders can identify Fortune Brands Innovations entry and exit signals to maximize returns

Fortune Brands Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Fortune Brands' price direction in advance. Along with the technical and fundamental analysis of Fortune Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Fortune to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Fortune Brands Innov offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fortune Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fortune Brands Innovations Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fortune Brands Innovations Stock:
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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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.