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Hamilton Beach Brands Holding Company (HBB)
NYSE:HBB
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Hamilton Beach Brands Holding Company
(NYSE:HBB)
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Select Model
Rating:71Outperform
Price Target:
$16.00
▲(10.65% Upside)
Hamilton Beach Brands Holding Company shows resilience in financial performance and valuation, despite challenges in revenue and market conditions. The company's strategic initiatives and cost management provide optimism for future growth.
Hamilton Beach Brands Holding Company (HBB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$194.88M
Dividend Yield3.25%
Average Volume (3M)23.28K
Price to Earnings (P/E)6.1
Beta (1Y)0.64
Revenue Growth-2.09%
EPS Growth-5.04%
CountryUS
Employees679
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)0.33
Shares Outstanding9,880,939
10 Day Avg. Volume22,328
30 Day Avg. Volume23,277
Financial Highlights & Ratios
PEG Ratio0.34
Price to Book (P/B)1.42
Price to Sales (P/S)0.36
P/FCF Ratio3.77
Enterprise Value/Market Cap1.67
Enterprise Value/Revenue0.52
Enterprise Value/Gross Profit1.94
Enterprise Value/Ebitda8.57
Forecast
1Y Price Target
$16.00Price Target Upside10.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering0
Hamilton Beach Brands Holding Company Business Overview & Revenue Model
Company DescriptionHamilton Beach Brands Holding Company, together with its subsidiaries, designs, markets, and distributes small electric household and specialty housewares appliances in the United States and internationally. It offers air fryers, blenders, food processors, coffee makers, indoor electric grills, irons, juicers, mixers, slow cookers, toasters, and toaster ovens. The company also provides air purifiers under the TrueAir brand; consumer products under the Hamilton Beach and Proctor Silex brands; commercial products for restaurants, fast food chains, bars, and hotels under the Hamilton Beach Commercial and Proctor Silex Commercial brands; and personal care products under the Brightline brand, as well as products under the Hamilton Beach Professional in the premium market. In addition, it offers countertop appliances under the Wolf Gourmet brand; garment care products under CHI brand; farm-to-table and field-to-table food processing equipment under the Weston brand; cocktail delivery system under the Bartesian brand; and supplies private label products. The company sells its products through a network of mass merchandisers, e-commerce retailers, national department stores, variety store and drug store chains, specialty home retailers, distributors, restaurants, bars, hotels, and other retail outlets. Hamilton Beach Brands Holding Company was founded in 1904 and is headquartered in Glen Allen, Virginia.
How the Company Makes MoneyHamilton Beach Brands generates revenue through multiple channels, primarily by selling its kitchen appliances to retailers, wholesalers, and distributors. The company's revenue model relies on direct sales to large retailers such as Walmart and Target, as well as online sales through e-commerce platforms. Key revenue streams include the sale of consumer appliances, commercial-grade equipment for restaurants and food service establishments, and licensing agreements for its brand names. Additionally, HBB benefits from strategic partnerships with major retailers, which enhance its market presence and drive sales. Seasonal promotions, product launches, and a strong focus on consumer trends contribute to its overall earnings.
Hamilton Beach Brands Holding Company Earnings Call Summary
Earnings Call Date:Jul 30, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Oct 29, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted significant challenges due to tariff increases and resulting revenue decline. However, Hamilton Beach made strides in cost management, manufacturing diversification, and launched new products. While the company faces headwinds, there is optimism about future growth opportunities, especially in the premium and health segments.Q2-2025 Updates
Positive Updates
Gross Profit Margin Expansion
Despite a challenging environment, gross profit margin increased by 160 basis points to 27.5% compared to the previous year's 25.9%, driven by a favorable customer mix including higher-margin commercial and health businesses.
Successful Diversification and Cost Management
The company accelerated its manufacturing diversification away from China, achieving $10 million in annualized cost savings and implementing foreign trade zone operations and strategic inventory prebuilds to minimize tariff exposure.
Launch of the Lotus Brand
Hamilton Beach launched the Lotus brand, which includes high-end kitchen appliances. The launch is supported by over $5 million in marketing over the next 18 months.
Growth in Health Business
The Health business saw revenues double from $0.86 million to $1.7 million year-over-year, with a significant improvement in operating losses, setting a path to profitability by year-end.
Negative Updates
Significant Revenue Decline
Total sales declined by 18.2% in Q2, driven by lower volumes in the U.S. consumer business due to tariff-related disruptions and strategic reduction in marketing initiatives.
Net Income Decrease
Net income dropped to $4.5 million ($0.33 per diluted share) from $6 million ($0.42 per diluted share) a year ago, impacted by lower sales and a one-time restructuring charge.
Increased Net Debt Position
Net debt increased to $38.7 million from $12.8 million in the prior year period, primarily due to changes in inventory and accounts payable related to tariffs and slowed sales.
Tariff Uncertainty
Higher tariffs led to temporary pauses in retailer purchase orders, creating uncertainty in the market and affecting consumer demand.
Company Guidance
During the Hamilton Beach Brands Second Quarter 2025 Earnings Conference Call, the company provided guidance amidst a challenging market environment. The company reported a total revenue of $127.8 million, down 18.2% from the previous year, primarily due to a 145% tariff increase on Chinese exports which led to reduced retailer demand. In response, Hamilton Beach Brands strategically reduced trade advertising and promotions, and accelerated manufacturing diversification away from China, achieving $10 million in annualized savings, partly through an 8% reduction in force. Gross profit margins increased by 160 basis points to 27.5%, driven by a favorable customer mix. Despite these challenges, the company remains optimistic about future growth, particularly in its premium business with the launch of the Lotus brand, supported by $5 million in marketing over the next 18 months. The commercial business is expected to grow, with Sunkist revenues projected to comprise 5% of the segment in 2025 and double by 2026. The Hamilton Beach Health segment also contributed positively, with revenue doubling to $1.7 million and a significant reduction in operating losses. The company is refraining from providing forward guidance due to ongoing trade negotiations and uncertain consumer demand.Hamilton Beach Brands Holding Company Financial Statement Overview
Summary
Hamilton Beach Brands Holding Company exhibits a stable financial footing with strong profitability and cash generation, despite challenges in revenue fluctuations and asset financing structure.Income Statement
Hamilton Beach Brands Holding Company shows strong gross profit margins and consistent net profit margins over recent periods. Revenue has fluctuated slightly, with modest growth in the TTM (Trailing-Twelve-Months) but a decline from 2024. The EBIT margin is stable, indicating operational efficiency, while EBITDA margin suggests solid earnings before non-cash expenses.75
Positive
Balance Sheet
The company maintains a moderate debt-to-equity ratio, demonstrating a balanced approach to leveraging. The return on equity is reasonable, reflecting decent profitability relative to shareholder investments. However, the equity ratio indicates that a significant portion of assets is financed by liabilities, which could pose potential risks if industry conditions worsen.65
Positive
Cash Flow
Operating cash flow is positive but has decreased significantly compared to previous years, indicating potential pressure on liquidity. The free cash flow growth rate has been volatile, yet the company maintains a strong free cash flow to net income ratio, highlighting efficient cash generation from operations.70
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 631.32M | 654.69M | 625.63M | 640.95M | 658.39M | 603.71M |
| Gross Profit | 167.56M | 170.21M | 143.68M | 129.11M | 136.50M | 138.65M |
| EBITDA | 37.94M | 38.79M | 39.06M | 41.90M | 36.72M | 39.64M |
| Net Income | 32.19M | 30.76M | 25.24M | 25.27M | 21.31M | 24.07M |
Balance Sheet | ||||||
| Total Assets | 363.80M | 415.07M | 384.70M | 388.95M | 382.50M | 391.17M |
| Cash, Cash Equivalents and Short-Term Investments | 11.34M | 45.64M | 15.37M | 928.00K | 1.13M | 2.42M |
| Total Debt | 94.56M | 94.20M | 98.09M | 163.57M | 96.84M | 98.36M |
| Total Liabilities | 199.83M | 249.16M | 237.44M | 264.42M | 280.23M | 311.06M |
| Stockholders Equity | 163.97M | 165.90M | 147.27M | 124.53M | 102.28M | 80.11M |
Cash Flow | ||||||
| Free Cash Flow | 2.40M | 62.22M | 85.22M | -5.70M | 6.01M | -31.25M |
| Operating Cash Flow | 4.57M | 65.42M | 88.64M | -3.42M | 17.86M | -27.93M |
| Investing Cash Flow | -8.00M | -13.88M | -5.17M | -2.28M | -11.84M | -3.81M |
| Financing Cash Flow | -23.81M | -20.95M | -70.07M | 5.58M | -7.27M | 34.18M |
Hamilton Beach Brands Holding Company Technical Analysis
Negative
14.46
Price Trends
14.29
Negative
16.09
Negative
16.78
Negative
Market Momentum
-0.06
Negative
46.58
Neutral
38.93
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HBB, the sentiment is Negative. The current price of 14.46 is above the 20-day moving average (MA) of 14.43, above the 50-day MA of 14.29, and below the 200-day MA of 16.78, indicating a bearish trend. The MACD of -0.06 indicates Negative momentum. The RSI at 46.58 is Neutral, neither overbought nor oversold. The STOCH value of 38.93 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HBB.
Hamilton Beach Brands Holding Company Risk Analysis
Hamilton Beach Brands Holding Company disclosed 32 risk factors in its most recent earnings report. Hamilton Beach Brands Holding Company reported the most risks in the "Legal & Regulatory" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Hamilton Beach Brands Holding Company Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $1.57B | 16.63 | 18.63% | 0.19% | 6.26% | 44.74% | |
73 Outperform | $1.63B | 18.47 | 7.15% | ― | 4.05% | -47.49% | |
71 Outperform | $194.88M | 6.15 | 20.79% | 3.25% | -2.09% | -5.04% | |
64 Neutral | $1.35B | 14.99 | 9.09% | 2.67% | 2.18% | -22.35% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | $1.13B | 45.68 | -1.18% | 4.49% | 5.37% | -127.27% | |
48 Neutral | $86.55M | ― | -17.08% | 4.34% | -1.14% | -95.76% |
* Consumer Cyclical Sector Average
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.