Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Hamilton Beach Brands Holding Co before investing.

In this article, we go over a few key elements for understanding Hamilton Beach Brands Holding Co’s stock price such as:

• Hamilton Beach Brands Holding Co’s current stock price and volume
• Why Hamilton Beach Brands Holding Co’s stock price changed recently
• Upgrades and downgrades for HBB from analysts
• HBB’s stock price momentum as measured by its relative strength

About Hamilton Beach Brands Holding Co (HBB)

Before we jump into Hamilton Beach Brands Holding Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Hamilton Beach Brands Holding Company is a holding company that operates through its wholly owned subsidiary, Hamilton Beach Brands, Inc. (HBB). HBB is a designer, marketer, and distributor of a range of branded small electric household and specialty houseware appliances, as well as commercial products for restaurants, fast food chains, bars, and hotels. The Company's owned consumer brands include Hamilton Beach, Proctor Silex, Hamilton Beach Professional, Weston, and TrueAir. Its owned commercial brands include Hamilton Beach Commercial and Proctor Silex Commercial. Hamilton Beach Brands licenses the brands for Wolf Gourmet countertop appliances, CHI premium garment care products, Clorox True HEPA air purifiers, and Brita Hub countertop electric water filtration appliances. Its Hamilton Beach Health subsidiary is focused on expanding its participation in the home medical market. Through HealthBeacon PLC, it specializes in developing connected devices in the medical technology market.

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Hamilton Beach Brands Holding Co’s Stock Price as of Market Close

As of August 06, 2024, 4:00 PM, CST, Hamilton Beach Brands Holding Co’s stock price was $26.42.

Hamilton Beach Brands Holding Co is up 7.22% from its previous closing price of $24.64.

During the last market session, Hamilton Beach Brands Holding Co’s stock traded between $19.21 and $24.97. Currently, there are 14.11 million shares of Hamilton Beach Brands Holding Co stock available for purchase.

Hamilton Beach Brands Holding Co’s price-earnings (P/E) ratio is currently at 12.0, which is low compared to the Appliances, Tools & Housewares industry median of 12. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Hamilton Beach Brands Holding Co Stock Price History

Hamilton Beach Brands Holding Co’s (HBB) price is currently up 35.28% so far this month.

During the month of August, Hamilton Beach Brands Holding Co’s stock price has reached a high of $27.10 and a low of $18.92.

Over the last year, Hamilton Beach Brands Holding Co has hit prices as high as $25.24 and as low as $10.00. Year to date, Hamilton Beach Brands Holding Co’s stock is up 113.24%.

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What Caused Hamilton Beach Brands Holding Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 05, 2024, there were analysts who downgraded Hamilton Beach Brands Holding Co’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Hamilton Beach Brands Holding Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Hamilton Beach Brands Holding Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Hamilton Beach Brands Holding Co’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Hamilton Beach Brands Holding Co (HBB) by visiting AAII Stock Evaluator.

Relative Price Strength of Hamilton Beach Brands Holding Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 05, 2024, Hamilton Beach Brands Holding Co has a weighted four-quarter relative price strength of 17.14%, which translates to a Momentum Score of 94 and is considered to be Very Strong.

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Hamilton Beach Brands Holding Co Stock Price: Bottom Line

As of August 6, 2024, Hamilton Beach Brands Holding Co’s stock price is $26.42, which is up 7.22% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Hamilton Beach Brands Holding Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.