Zacks Investment Research Lowers Fortune Brands Home & Security (NYSE:FBHS) to Hold

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Zacks Investment Research downgraded shares of Fortune Brands Home & Security (NYSE:FBHS) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports. According to Zacks, "In the past three months, Fortune Brands’ shares have outperformed the industry.

Fortune Brands Home & Security, Inc provides home and security products in the United States. It manufactures custom, semi-custom, and stock cabinetry for the kitchen, bath, and other parts. The Company is also engaged in manufacturing and selling fiberglass and steel entry door systems, vinyl-framed.

Meanwhile, the Zacks Consensus Estimate moved lower. Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. Is RLYP going up? Or down? Predict to see what others think: Up or Down Want the latest.

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Supply, however, is constrained by low home inventories, both for new and existing. interest rate hikes have not dampened the housing recovery. Zacks.com is a property of Zacks Investment Research,

Fortune Brands Home & Security Inc (NYSE:FBHS) announced its quarterly earnings results on Wednesday, April, 24th. The industrial products company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04.

Zacks Investment Research Lowers Fortune Brands Home & Security (NYSE:FBHS) to Hold Zacks Investment Research cut shares of Fortune Brands Home & Security (NYSE:FBHS) from a buy rating to a hold rating in a research note published on Tuesday, Zacks.com reports.

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Simmons First National (NASDAQ:SFNC) Lifted to Hold at Zacks Investment Research Loop Capital Lowers Fortune Brands Home & Security (NYSE:FBHS) to Sell DA Davidson Lowers Coty (NYSE:COTY) Price Target to $10.00

Zacks Investment Research downgraded shares of Fortune Brands Home & Security (NYSE:FBHS) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning, Zacks.com reports. According to Zacks, “In the past three months, Fortune Brands’ shares have outperformed the industry.

The company currently carries a Zacks Rank #3 (Hold) and has a VGM Score of B. Our research shows that stocks with a VGM Score of A or B, combined with a Zacks Rank #1 (Strong Buy) 2 (Buy) or 3.

Fortune Brands Home & Security Inc (NYSE:FBHS) announced its quarterly earnings results on Wednesday, April, 24th. The industrial products company reported reported $0.63 earnings.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04.