What Will Happen to Hamilton Beach Brands Holding Company (HBB) Next? The Stock Just Reaches All-Time Low

The stock of Hamilton Beach Brands Holding Company (NYSE:HBB) reached all time low today, May, 8 and still has $15.95 target or 6.00 % below today’s $16.97 share price. This indicates more downside for the $235.07 million company. This technical setup was reported by Barchart.com. If the $15.95 PT is reached, the company will be worth $14.10 million less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 0.99% or $0.17 during the last trading session, reaching $16.97. About 6,746 shares traded. Hamilton Beach Brands Holding Company (NYSE:HBB) has declined 2.17% since May 8, 2018 and is downtrending. It has underperformed by 6.54% the S&P500.

Analysts await Hamilton Beach Brands Holding Company (NYSE:HBB) to report earnings on August, 7. They expect $0.03 earnings per share, up 150.00 % or $0.09 from last year’s $-0.06 per share. HBB’s profit will be $415,554 for 141.42 P/E if the $0.03 EPS becomes a reality. After $-0.13 actual earnings per share reported by Hamilton Beach Brands Holding Company for the previous quarter, Wall Street now forecasts -123.08 % EPS growth.

More notable recent Hamilton Beach Brands Holding Company (NYSE:HBB) news were published by: Seekingalpha.com which released: “Hamilton Beach Brands: Read The Footnotes – Seeking Alpha” on March 29, 2018, also Seekingalpha.com with their article: “Hamilton Beach Brands Holding Company (HBB) CEO Gregory Trepp on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on March 07, 2019, Prnewswire.com published: “Hamilton Beach Brands Holding Company Announces Fourth Quarter And Full Year 2018 Results – PRNewswire” on March 06, 2019. More interesting news about Hamilton Beach Brands Holding Company (NYSE:HBB) were released by: Globenewswire.com and their article: “Research Report Identifies Graham, Hamilton Beach Brands Holding, Tenable, DHI Group, AEterna Zentaris, and DelMar Pharmaceuticals with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement – GlobeNewswire” published on April 19, 2019 as well as Finance.Yahoo.com‘s news article titled: “Acadia Healthcare (ACHC) Q4 Earnings Miss, Revenues Meet – Yahoo Finance” with publication date: March 01, 2019.

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 $235.07 million. The firm also operates retail stores for kitchenware. It has a 11.4 P/E ratio. The firm was incorporated in 1988 and is based in Glen Allen, Virginia.

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