Hamilton Beach Brands Holding Co (NYSE:HBB) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Analysts have set a one year consensus target price of $20.00 for the company and are predicting that the company will post $1.45 EPS for the current quarter, according to Zacks. Zacks has also assigned Hamilton Beach Brands an industry rank of 187 out of 255 based on the ratings given to its competitors.
Separately, Zacks Investment Research downgraded Hamilton Beach Brands from a “buy” rating to a “hold” rating in a report on Wednesday.
Several institutional investors have recently added to or reduced their stakes in HBB. Aperio Group LLC acquired a new stake in shares of Hamilton Beach Brands during the second quarter worth about $45,000. Endurance Wealth Management Inc. lifted its holdings in Hamilton Beach Brands by 200.0% in the third quarter. Endurance Wealth Management Inc. now owns 3,000 shares of the company’s stock valued at $49,000 after acquiring an additional 2,000 shares during the period. First Trust Advisors LP acquired a new position in Hamilton Beach Brands in the third quarter valued at approximately $194,000. KBC Group NV lifted its holdings in Hamilton Beach Brands by 19.4% in the second quarter. KBC Group NV now owns 18,877 shares of the company’s stock valued at $360,000 after acquiring an additional 3,066 shares during the period. Finally, Strs Ohio lifted its holdings in Hamilton Beach Brands by 7.3% in the second quarter. Strs Ohio now owns 26,300 shares of the company’s stock valued at $501,000 after acquiring an additional 1,800 shares during the period. 35.16% of the stock is owned by hedge funds and other institutional investors.
Shares of Hamilton Beach Brands stock traded down $0.24 on Monday, reaching $19.07. 30,800 shares of the stock were exchanged, compared to its average volume of 44,250. The company has a quick ratio of 0.50, a current ratio of 1.19 and a debt-to-equity ratio of 0.55. Hamilton Beach Brands has a twelve month low of $12.60 and a twelve month high of $29.35. The firm has a market capitalization of $280.67 million, a price-to-earnings ratio of 11.99 and a beta of 0.11. The business has a 50 day moving average price of $17.43 and a two-hundred day moving average price of $16.83.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 13th. Investors of record on Friday, November 29th will be issued a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Wednesday, November 27th. Hamilton Beach Brands’s dividend payout ratio (DPR) is 22.64%.
Hamilton Beach Brands Company Profile
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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