Brokerages expect that Hamilton Beach Brands Holding Co (NYSE:HBB) will announce earnings of $1.50 per share for the current quarter, Zacks reports. Zero analysts have made estimates for Hamilton Beach Brands’ earnings. Hamilton Beach Brands posted earnings of $1.35 per share in the same quarter last year, which suggests a positive year over year growth rate of 11.1%. The business is scheduled to report its next quarterly earnings results on Wednesday, March 6th.
According to Zacks, analysts expect that Hamilton Beach Brands will report full-year earnings of $2.00 per share for the current fiscal year. For the next fiscal year, analysts forecast that the business will report earnings of $2.20 per share. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side analysts that cover Hamilton Beach Brands.
Hamilton Beach Brands (NYSE:HBB) last issued its quarterly earnings data on Wednesday, October 31st. The company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.16. Hamilton Beach Brands had a return on equity of 51.86% and a net margin of 2.67%. The firm had revenue of $196.90 million during the quarter.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Zuckerman Investment Group LLC raised its holdings in Hamilton Beach Brands by 3.1% in the 3rd quarter. Zuckerman Investment Group LLC now owns 646,816 shares of the company’s stock valued at $14,191,000 after acquiring an additional 19,595 shares during the last quarter. BlackRock Inc. raised its holdings in Hamilton Beach Brands by 11.7% in the 3rd quarter. BlackRock Inc. now owns 575,374 shares of the company’s stock valued at $12,625,000 after acquiring an additional 60,400 shares during the last quarter. Vanguard Group Inc. raised its holdings in Hamilton Beach Brands by 4.6% in the 3rd quarter. Vanguard Group Inc. now owns 371,260 shares of the company’s stock valued at $8,146,000 after acquiring an additional 16,475 shares during the last quarter. Vanguard Group Inc grew its stake in shares of Hamilton Beach Brands by 4.6% during the 3rd quarter. Vanguard Group Inc now owns 371,260 shares of the company’s stock valued at $8,146,000 after buying an additional 16,475 shares during the period. Finally, FMR LLC grew its stake in shares of Hamilton Beach Brands by 4.9% during the 2nd quarter. FMR LLC now owns 356,221 shares of the company’s stock valued at $10,348,000 after buying an additional 16,600 shares during the period. Institutional investors own 39.24% of the company’s stock.
Shares of Hamilton Beach Brands stock opened at $28.00 on Wednesday. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.19 and a quick ratio of 0.51. Hamilton Beach Brands has a 1 year low of $18.03 and a 1 year high of $31.30. The company has a market cap of $353.61 million, a P/E ratio of 16.97 and a beta of -0.56.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 14th. Shareholders of record on Friday, November 30th were issued a $0.085 dividend. The ex-dividend date was Thursday, November 29th. This represents a $0.34 annualized dividend and a yield of 1.21%. Hamilton Beach Brands’s dividend payout ratio (DPR) is presently 20.61%.
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 under the Hamilton Beach, Proctor Silex brand names.
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