Hamilton Beach Brands Holding Company (HBB) on Focus After Forming Double Top Pattern

September 14, 2018 - By Robert Shackelford

The chart of Hamilton Beach Brands Holding Company (HBB) shows a double top with $25.70 target or 8.00 % above today’s $23.80 share price. The 9 months chart pattern indicates low risk for the $326.15M company. It was reported on Sep, 14 by Finviz.com. If the $25.70 price target is reached, the company will be worth $26.09M more. Double tops are rare but powerful chart patterns.

The stock increased 0.59% or $0.14 during the last trading session, reaching $23.8. About 9,536 shares traded. Hamilton Beach Brands Holding Company (NYSE:HBB) has 0.00% since September 14, 2017 and is . It has underperformed by 15.62% the S&P500.

Analysts await Hamilton Beach Brands Holding Company (NYSE:HBB) to report earnings on November, 7. They expect $0.43 EPS, up 38.71 % or $0.12 from last year’s $0.31 per share. HBB’s profit will be $5.89M for 13.84 P/E if the $0.43 EPS becomes a reality. After $-0.06 actual EPS reported by Hamilton Beach Brands Holding Company for the previous quarter, Wall Street now forecasts -816.67 % EPS growth.

More news for Hamilton Beach Brands Holding Company (NYSE:HBB) were recently published by: Prnewswire.com, which released: “Groupe SEB and Hamilton Beach Brands Announce Amicable Settlement Concerning Alleged Patent Infringement” on September 10, 2018. Prnewswire.com‘s article titled: “Hamilton Beach Brands Holding Company Announces Chief Financial Officer James H. Taylor To Retire At The End Of …” and published on August 16, 2018 is yet another important article.

Hamilton Beach Brands Holding Company, through its subsidiaries, designs, makes, markets, and distributes consumer, commercial, and specialty small appliances for homes, restaurants, bars, and hotels. The company has market cap of $326.15 million. The firm also operates retail stores for kitchenware. It has a 19.46 P/E ratio. The firm was incorporated in 1988 and is based in Glen Allen, Virginia.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.