05:45 AM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lift our 12-month price target by $8 to $59 using a forward P/E of 13.5x our 2026 EPS view of $4.38 (cut by $0.20), a discount to historical averages on a weak housing market and increased macroeconomic uncertainty. We lower our 2025 EPS estimate by $0.13 to $3.92. While FBIN demonstrates strong operational execution with exceptional Water segment margins (25.6%, +230 bps Y/Y) and solid brand positioning, it faces significant near-term headwinds including a weak housing market, declining margins in two out of three segments, ongoing transformation risks as it transitions to an integrated operating company with new headquarters, and tariff uncertainty despite mitigation confidence. FBIN's strong balance sheet (current ratio 2.0x), predominantly North American manufacturing base, and promising digital platform (5M+ users, $250M revenue target) provide downside protection, but the cyclical nature of core markets limit upside potential. Current valuation appears fair given these offsetting factors.