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NYSE:SPB

Spectrum Brands (SPB) Stock Price, News & Analysis

Spectrum Brands logo
$94.73 +0.38 (+0.40%)
(As of 11/12/2024 ET)

About Spectrum Brands Stock (NYSE:SPB)

Key Stats

Today's Range
$93.56
$95.51
50-Day Range
$89.14
$95.14
52-Week Range
$65.27
$96.74
Volume
273,278 shs
Average Volume
382,867 shs
Market Capitalization
$2.66 billion
P/E Ratio
26.76
Dividend Yield
1.77%
Price Target
$101.88
Consensus Rating
Moderate Buy

Company Overview

Spectrum Brands Holdings, Inc. operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, and Asia-Pacific regions. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden. The Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, PowerXL, Emeril Legasse, Copper Chef, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington brand. The Global Pet Care segment provides dog and cat chews, treats, wet and dry foods, dog and cat clean-up and food, training, health and grooming, indoor birds, and small animal food and care products under the Good'n'Fun, DreamBone, GOOD BOY, SmartBones, IAMS, EUKANUBA, Nature's Miracle, FURminator, Dingo, 8IN1, Meowee!, and Wild Harvest brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Instant Ocean, GloFish, and OmegaSea brands. The Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest control solutions under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; household surface cleaning, maintenance, and restoration products, including bottled liquids, mops, wipes, and markers under the Rejuvenate brand name; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers, and distributors. Spectrum Brands Holdings, Inc. was founded in 1906 and is headquartered in Middleton, Wisconsin.

Spectrum Brands Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
62nd Percentile Overall Score

SPB MarketRank™: 

Spectrum Brands scored higher than 62% of companies evaluated by MarketBeat, and ranked 161st out of 294 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Spectrum Brands has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Spectrum Brands has received no research coverage in the past 90 days.

  • Read more about Spectrum Brands' stock forecast and price target.
  • Earnings Growth

    Earnings for Spectrum Brands are expected to grow by 28.57% in the coming year, from $4.76 to $6.12 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Spectrum Brands is 26.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.76.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Spectrum Brands is 26.76, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.25.

  • Price to Earnings Growth Ratio

    Spectrum Brands has a PEG Ratio of 0.26. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Spectrum Brands has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Spectrum Brands' valuation and earnings.
  • Percentage of Shares Shorted

    5.06% of the float of Spectrum Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    Spectrum Brands has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Spectrum Brands has recently increased by 3.01%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Spectrum Brands pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Spectrum Brands does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Spectrum Brands is 47.46%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Spectrum Brands will have a dividend payout ratio of 27.45% next year. This indicates that Spectrum Brands will be able to sustain or increase its dividend.

  • Read more about Spectrum Brands' dividend.
  • Percentage of Shares Shorted

    5.06% of the float of Spectrum Brands has been sold short.
  • Short Interest Ratio / Days to Cover

    Spectrum Brands has a short interest ratio ("days to cover") of 4.9.
  • Change versus previous month

    Short interest in Spectrum Brands has recently increased by 3.01%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Spectrum Brands this week, compared to 4 articles on an average week.
  • Search Interest

    Only 9 people have searched for SPB on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
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SPB Stock News Headlines

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SPB Stock Analysis - Frequently Asked Questions

Spectrum Brands' stock was trading at $79.77 at the start of the year. Since then, SPB shares have increased by 18.8% and is now trading at $94.73.
View the best growth stocks for 2024 here
.

Spectrum Brands Holdings, Inc. (NYSE:SPB) posted its quarterly earnings data on Thursday, August, 8th. The company reported $1.10 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by $0.25. The firm's quarterly revenue was up 6.0% on a year-over-year basis.

Top institutional shareholders of Spectrum Brands include Allspring Global Investments Holdings LLC (7.56%), Pzena Investment Management LLC (4.68%), Charles Schwab Investment Management Inc. (1.58%) and Algert Global LLC (0.54%). Insiders that own company stock include David M Maura and Ehsan Zargar.
View institutional ownership trends
.

Shares of SPB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Spectrum Brands investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and General Electric (GE).

Company Calendar

Last Earnings
8/08/2024
Ex-Dividend for 9/24 Dividend
8/27/2024
Dividend Payable
9/24/2024
Today
11/12/2024
Next Earnings (Confirmed)
11/15/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
Household Products
CUSIP
84763R10
Fax
N/A
Employees
3,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$101.88
High Stock Price Target
$120.00
Low Stock Price Target
$86.00
Potential Upside/Downside
+7.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$1.80 billion
Pretax Margin
6.03%

Debt

Sales & Book Value

Annual Sales
$2.93 billion
Cash Flow
$11.20 per share
Book Value
$70.59 per share

Miscellaneous

Free Float
27,022,000
Market Cap
$2.66 billion
Optionable
Optionable
Beta
1.23

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This page (NYSE:SPB) was last updated on 11/13/2024 by MarketBeat.com Staff
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