Brokerages forecast that Hamilton Beach Brands Holding Co (NYSE:HBB) will announce $0.03 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Hamilton Beach Brands’ earnings. Hamilton Beach Brands reported earnings of ($0.06) per share in the same quarter last year, which suggests a positive year over year growth rate of 150%. The firm is scheduled to announce its next earnings report on Wednesday, August 7th.
On average, analysts expect that Hamilton Beach Brands will report full year earnings of $1.75 per share for the current financial year. For the next year, analysts expect that the business will report earnings of $1.85 per share. Zacks Investment Research’s EPS averages are a mean average based on a survey of research firms that that provide coverage for Hamilton Beach Brands.
Hamilton Beach Brands (NYSE:HBB) last posted its quarterly earnings results on Thursday, April 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.05). The business had revenue of $145.38 million for the quarter. Hamilton Beach Brands had a net margin of 2.76% and a return on equity of 35.71%.
HBB traded down $0.33 on Friday, reaching $16.81. 102 shares of the company’s stock were exchanged, compared to its average volume of 36,751. The company has a market cap of $254.86 million, a PE ratio of 10.59 and a beta of -0.28. Hamilton Beach Brands has a twelve month low of $17.00 and a twelve month high of $31.30. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.59 and a current ratio of 1.35.
Institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN boosted its holdings in shares of Hamilton Beach Brands by 46.9% in the 3rd quarter. Wells Fargo & Company MN now owns 18,586 shares of the company’s stock valued at $409,000 after purchasing an additional 5,937 shares in the last quarter. BlackRock Inc. lifted its holdings in Hamilton Beach Brands by 11.7% during the 3rd quarter. BlackRock Inc. now owns 575,374 shares of the company’s stock worth $12,625,000 after buying an additional 60,400 shares during the period. Vanguard Group Inc. lifted its holdings in Hamilton Beach Brands by 4.6% during the 3rd quarter. Vanguard Group Inc. now owns 371,260 shares of the company’s stock worth $8,146,000 after buying an additional 16,475 shares during the period. Vanguard Group Inc lifted its holdings in Hamilton Beach Brands by 4.6% during the 3rd quarter. Vanguard Group Inc now owns 371,260 shares of the company’s stock worth $8,146,000 after buying an additional 16,475 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in Hamilton Beach Brands during the 4th quarter worth about $115,000. Hedge funds and other institutional investors own 39.15% of the company’s stock.
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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