About Spectrum Brands Holdings (NYSE:SPB)
Spectrum Brands Holdings, Inc. (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions. It has five segments: Global Batteries & Appliances (GBA), Global Pet Supplies (PET), Home and Garden (H&G), Hardware & Home Improvement (HHI) and Global Auto Care (GAC). The Company's GBA segment includes product categories, such as consumer batteries, small appliances and personal care. The Company's HHI segment includes product categories, such as lockset, plumbing and hardware. The Company's PET segment's product categories include aquatics, companion animal and pet food. The Company's H&G segment's product categories include controls, household and repellents. The Company's GAC segment's product categories include appearance, performance and A/C recharge.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Electrical Components & Equipment
- Sub-Industry: Household Products
- Symbol: NYSE:SPB
- CUSIP: 84763R10
- Web: www.spectrumbrands.com
- Market Cap: $6.38707 billion
- Outstanding Shares: 58,043,000
- 50 Day Moving Avg: $105.69
- 200 Day Moving Avg: $121.27
- 52 Week Range: $101.93 - $146.09
Sales & Book Value:
- Trailing P/E Ratio: 22.53
- Foreward P/E Ratio: 17.49
- P/E Growth: 2.13
- Annual Revenue: $4.94 billion
- Price / Sales: 1.29
- Book Value: $30.99 per share
- Price / Book: 3.55
- Annual Dividend: $1.68
- Dividend Yield: 1.5%
- EBITDA: $865.8 million
- Net Margins: 5.87%
- Return on Equity: 17.46%
- Return on Assets: 4.45%
- Debt-to-Equity Ratio: 2.24%
- Current Ratio: 1.88%
- Quick Ratio: 0.95%
- Average Volume: 411,009 shs.
- Beta: 0.65
- Short Ratio: 15.4
Frequently Asked Questions for Spectrum Brands Holdings (NYSE:SPB)
What is Spectrum Brands Holdings' stock symbol?
Spectrum Brands Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPB."
How often does Spectrum Brands Holdings pay dividends? What is the dividend yield for Spectrum Brands Holdings?
Spectrum Brands Holdings declared a quarterly dividend on Wednesday, July 26th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.42 per share on Tuesday, September 12th. This represents a $1.68 annualized dividend and a dividend yield of 1.53%. The ex-dividend date is Friday, August 11th. View Spectrum Brands Holdings' Dividend History.
How will Spectrum Brands Holdings' stock buyback program work?
Spectrum Brands Holdings announced that its board has approved a stock buyback program on Friday, April 7th 2017, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 6.9% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.
How were Spectrum Brands Holdings' earnings last quarter?
Spectrum Brands Holdings, Inc. (NYSE:SPB) posted its earnings results on Thursday, July, 27th. The company reported $1.71 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.92 by $0.21. The company earned $1.30 billion during the quarter, compared to the consensus estimate of $1.38 billion. Spectrum Brands Holdings had a return on equity of 17.46% and a net margin of 5.87%. The business's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.73 EPS. View Spectrum Brands Holdings' Earnings History.
When will Spectrum Brands Holdings make its next earnings announcement?
Where is Spectrum Brands Holdings' stock going? Where will Spectrum Brands Holdings' stock price be in 2017?
9 brokerages have issued twelve-month target prices for Spectrum Brands Holdings' stock. Their forecasts range from $130.00 to $167.00. On average, they expect Spectrum Brands Holdings' stock price to reach $142.29 in the next twelve months. View Analyst Ratings for Spectrum Brands Holdings.
What are analysts saying about Spectrum Brands Holdings stock?
Here are some recent quotes from research analysts about Spectrum Brands Holdings stock:
- 1. According to Zacks Investment Research, "Spectrum Brands, Inc. and its subsidiaries operate as a global branded consumer products company. The Company has three reportable segments: Global Batteries & Personal Care; Global Pet Supplies; and Home and Garden Business. Its operations include the manufacturing and marketing of alkaline, zinc carbon and hearing aid batteries, as well as aquariums and aquatic health supplies and the designing and marketing of rechargeable batteries, battery-powered lighting products, electric shavers and accessories, grooming products and hair care appliances. The Company also provides specialty pet supplies and also herbicides, insecticides and repellents. Its portfolio of brands are Rayovac(R), Remington(R), VARTA(R), Tetra(R), Marineland(R), Nature's Miracle(R), Dingo(R), 8-in-1(R), Spectracide(R), Cutter(R), Repel(R), and HotShot(R) with manufacturing and product development facilities located in the U.S., Europe, Asia and Latin America. Spectrum Brands, Inc. is headquartered in Atlanta, Georgia. " (10/17/2017)
- 2. Jefferies Group LLC analysts commented, "Navigating the difficult competitive/retail env’t, SPB’s 2Q report fell short of expectations with weaker org sales (-2.5% vs. Street +1.9%) resulting in a 6% EBITDA miss. While SPB’s org sales guide appears to be modestly tempered, the co. importantly maintained its FCF guidance of $575-$590M (~7% FY17 LFCF yield). Shares likely to give back some of recent gains on soft qtr; however, SPB offers compelling LT value at 17x EV/ULFCF (> 20% disc. to group). 2Q results fall short of expectations on weak org sales in a difficult competitive/ retail environment: SPB’s reported revs for 1Q of $1.17B were -4.5% below consensus, with organic sales declines of -2.5% (-1.6% ex. $11M of planned business exits) falling short of +1.9% Street estimates. Despite reported topline downside, gross margins were better (39.3% vs. Street 38.6%), though higher total SG&A (25.6% vs. 25.0%) largely offset, as 2Q adjusted EBITDA of $220M fell -6% short of consensus $234M expectations (-4% miss ex. $4.8M of one-time charges associated with a retail bankruptcy, etc.). 2Q adj. EPS of $1.19 also missed Street est." (5/2/2017)
Who are some of Spectrum Brands Holdings' key competitors?
Some companies that are related to Spectrum Brands Holdings include Smith (A.O.) Corporation (AOS), Hubbell (HUBB), Halma plc (HLMA), Regal Beloit Corporation (RBC), Itron (ITRI), Spectris plc (SXS), Anixter International (AXE), Orbotech (ORBK), Hollysys Automation Technologies (HOLI), Atkore International Group (ATKR), AZZ (AZZ), General Cable (BGC), Chase (CCF), MTS Systems (MTSC), GrafTech International Ltd (GTI), XP Power (XPP), FARO Technologies (FARO) and NL Industries (NL).
Who are Spectrum Brands Holdings' key executives?
Spectrum Brands Holdings' management team includes the folowing people:
- David M. Maura, Executive Chairman of the Board
- Andreas Rouve, President, Chief Executive Officer, Director
- Douglas L. Martin, Chief Financial Officer, Executive Vice President
- Nathan E. Fagre, Senior Vice President, General Counsel, Secretary
- Stacey L. Neu, Senior Vice President - Human Resources
- Joseph S. Steinberg, Director
- Ehsan Zargar, Director
- Kenneth Charles Ambrecht, Independent Director
- Norman Stuart Matthews, Independent Director
- Terry Lee Polistina, Independent Director
Who owns Spectrum Brands Holdings stock?
Spectrum Brands Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tributary Capital Management LLC (0.02%). Company insiders that own Spectrum Brands Holdings stock include Andreas Rouve, David M Maura, Hrg Group, Inc, Nathan E Fagre and Stacey L Neu. View Institutional Ownership Trends for Spectrum Brands Holdings.
Who sold Spectrum Brands Holdings stock? Who is selling Spectrum Brands Holdings stock?
How do I buy Spectrum Brands Holdings stock?
Shares of Spectrum Brands Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Spectrum Brands Holdings' stock price today?
MarketBeat Community Rating for Spectrum Brands Holdings (NYSE SPB)MarketBeat's community ratings are surveys of what our community members think about Spectrum Brands Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Spectrum Brands Holdings stock can currently be purchased for approximately $110.03.
Consensus Ratings for Spectrum Brands Holdings (NYSE:SPB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 8 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.89)|
|Consensus Price Target: ||$142.29 (29.32% upside)|Consensus Price Target History for Spectrum Brands Holdings (NYSE:SPB)
Analysts' Ratings History for Spectrum Brands Holdings (NYSE:SPB)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/16/2017||KeyCorp||Set Price Target||Buy||$130.00||N/A|
|10/12/2017||Jefferies Group LLC||Reiterated Rating||Buy||$143.00||N/A|
|9/28/2017||Canaccord Genuity||Reiterated Rating||Buy||Low|
|8/30/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Buy||$167.00||Low|
|7/31/2017||Deutsche Bank AG||Reiterated Rating||Buy||$149.00 -> $131.00||Low|
|7/28/2017||Royal Bank Of Canada||Set Price Target||Buy||$155.00||Low|
|7/28/2017||BMO Capital Markets||Lower Price Target||Outperform||$155.00 -> $140.00||Low|
|7/27/2017||Wells Fargo & Company||Reiterated Rating||Buy||High|
|1/10/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$135.00 -> $130.00||N/A|
|9/29/2016||Monness Crespi & Hardt||Boost Price Target||Buy||$138.00 -> $151.00||N/A|
|9/1/2016||Piper Jaffray Companies||Initiated Coverage||Overweight||$147.00||N/A|
|12/15/2015||Raymond James Financial, Inc.||Initiated Coverage||Outperform||$106.00||N/A|
Earnings History for Spectrum Brands Holdings (NYSE:SPB)Earnings History by Quarter for Spectrum Brands Holdings (NYSE SPB)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/27/2017||Q3 2017||$1.92||$1.71||$1.38 billion||$1.30 billion||View||N/A|
|5/2/2017||Q2 2017||$1.26||$1.19||$1.22 billion||$1.17 billion||View||Listen|
|1/26/2017||Q117||$1.16||$1.21||$1.23 billion||$1.21 billion||View||Listen|
|11/17/2016||Q416||$1.29||$1.31||$1.33 billion||$1.25 billion||View||Listen|
|7/28/2016||Q316||$1.69||$1.73||$1.36 billion||$1.36 billion||View||Listen|
|4/28/2016||Q216||$0.91||$1.16||$1.19 billion||$1.21 billion||View||Listen|
|2/2/2016||Q116||$1.08||$1.01||$1.20 billion||$1.22 billion||View||Listen|
|11/19/2015||Q415||$1.16||$1.13||$1.33 billion||$1.31 billion||View||Listen|
|8/5/2015||Q315||$1.40||$1.42||$1.25 billion||$1.25 billion||View||Listen|
|4/29/2015||Q2||$0.77||$0.69||$1.06 billion||$1.07 billion||View||Listen|
|2/4/2015||Q115||$1.17||$1.07||$1.13 billion||$1.07 billion||View||Listen|
|11/20/2014||Q4||$1.13||$0.98||$1.16 billion||$1.18 billion||View||Listen|
|7/30/2014||Q314||$1.29||$1.30||$1.14 billion||$1.13 billion||View||Listen|
|5/7/2014||Q214||$0.75||$0.72||$1.02 billion||$1.02 billion||View||Listen|
|1/29/2014||Q114||$0.99||$1.09||$1.08 billion||$1.10 billion||View||Listen|
|11/21/2013||Q4||$0.85||$0.88||$1.13 billion||$1.14 billion||View||Listen|
|8/6/2013||Q3 2013||$1.07||$0.90||$1.11 billion||$1.09 billion||View||Listen|
|4/30/2013||Q2 2013||$0.45||$0.44||$966.02 million||$987.80 million||View||Listen|
|2/6/2013||Q1 2013||$0.53||$0.72||$895.34 million||$870.30 million||View||Listen|
|11/14/2012||Q412||$0.43||$0.10||$841.20 million||$832.60 million||View||N/A|
Earnings Estimates for Spectrum Brands Holdings (NYSE:SPB)
2017 EPS Consensus Estimate: $5.82
2018 EPS Consensus Estimate: $6.40
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Spectrum Brands Holdings (NYSE:SPB)
|Most Recent Dividend:||9/12/2017|
|Dividend Growth:||15.00% (3 Year Average)|
|Payout Ratio:||34.29% (Trailing 12 Months of Earnings) |
30.11% (Based on This Year's Estimates)
26.71% (Based on Next Year's Estimates)
|Track Record:||3 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Spectrum Brands Holdings (NYSE SPB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Spectrum Brands Holdings (NYSE:SPB)
Insider Ownership Percentage: 1.02%Insider Trades by Quarter for Spectrum Brands Holdings (NYSE:SPB)
Institutional Ownership Percentage: 46.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/15/2016||David M. Maura||Insider||Buy||2,000||$127.47||$254,940.00|| |
|8/2/2016||Stacey L Neu||SVP||Sell||800||$128.04||$102,432.00|| |
|6/13/2016||David M Maura||Chairman||Buy||4,350||$114.52||$498,162.00|| |
|2/11/2016||David M. Maura||Chairman||Buy||1,000||$90.15||$90,150.00|| |
|2/4/2016||David M. Maura||Chairman||Buy||1,000||$100.00||$100,000.00|| |
|12/2/2015||Nathan E. Fagre||SVP||Sell||13,178||$95.08||$1,252,964.24|| |
|12/1/2015||Andreas Rouve||COO||Sell||19,324||$95.25||$1,840,611.00|| |
|12/1/2015||Hrg Group, Inc.||Insider||Buy||98,863||$95.25||$9,416,700.75|| |
|9/21/2015||David R Lumley||Director||Sell||10,000||$96.54||$965,400.00|| |
|8/26/2015||David M Maura||Director||Buy||1,000||$94.50||$94,500.00|| |
|8/20/2015||David R Lumley||Director||Sell||10,000||$98.56||$985,600.00|| |
|7/20/2015||David R Lumley||CEO||Sell||10,000||$103.42||$1,034,200.00|| |
|6/22/2015||David R Lumley||Insider||Sell||10,000||$101.63||$1,016,300.00|| |
|6/11/2015||David M Maura||Director||Buy||3,000||$96.96||$290,880.00|| |
|6/4/2015||David M Maura||Director||Buy||1,000||$95.78||$95,780.00|| |
|6/2/2015||David M Maura||Director||Buy||3,500||$96.29||$337,015.00|| |
|4/20/2015||David R Lumley||CEO||Sell||10,000||$87.15||$871,500.00|| |
|2/20/2015||David R Lumley||CEO||Sell||10,000||$93.24||$932,400.00|| |
|2/18/2015||Harbinger Group Inc.||Insider||Buy||17,067||$94.05||$1,605,151.35|| |
|1/20/2015||David R Lumley||CEO||Sell||10,000||$93.70||$937,000.00|| |
|1/15/2015||Nathan E Fagre||SVP||Sell||1,500||$97.33||$145,995.00|| |
|1/5/2015||Harbinger Group Inc.||Insider||Buy||24,087||$95.68||$2,304,644.16|| |
|12/8/2014||Andreas Rouve||COO||Sell||1,945||$94.81||$184,405.45|| |
|12/8/2014||Anthony L Genito||CFO||Sell||2,922||$94.81||$277,034.82|| |
|12/8/2014||David R Lumley||CEO||Sell||6,615||$94.81||$627,168.15|| |
|12/8/2014||Harbinger Group Inc.||Insider||Buy||42,497||$94.81||$4,029,140.57|| |
|12/2/2014||Andreas Rouve||COO||Sell||5,566||$91.72||$510,513.52|| |
|12/2/2014||Anthony L Genito||CFO||Sell||8,785||$91.72||$805,760.20|| |
|12/2/2014||David R Lumley||CEO||Sell||19,326||$91.72||$1,772,580.72|| |
|12/2/2014||Harbinger Group Inc.||Insider||Buy||93,184||$91.72||$8,546,836.48|| |
|12/2/2014||Nathan E Fagre||SVP||Sell||4,050||$91.72||$371,466.00|| |
|12/1/2014||Nathan E Fagre||SVP||Sell||6,955||$91.29||$634,921.95|| |
|11/26/2014||Harbinger Group Inc.||Insider||Buy||74,923||$89.75||$6,724,339.25|| |
|11/26/2014||Terry Polistina||Director||Sell||30,536||$89.81||$2,742,438.16|| |
|11/24/2014||Norman S Matthews||Director||Sell||5,050||$90.37||$456,368.50|| |
|11/21/2014||Norman S Matthews||Director||Sell||6,950||$90.79||$630,990.50|| |
|10/1/2014||Anthony L Genito||CAO||Sell||40,605||$89.02||$3,614,657.10|| |
|9/10/2014||David M Maura||Director||Buy||1,000||$86.22||$86,220.00|| |
|9/3/2014||David M Maura||Director||Buy||2,000||$86.08||$172,160.00|| |
|8/29/2014||David M Maura||Director||Buy||1,000||$86.07||$86,070.00|| |
|8/28/2014||Anthony L Genito||CFO||Sell||6,885||$87.00||$598,995.00|| |
|8/26/2014||Anthony L Genito||CFO||Sell||10,615||$87.00||$923,505.00|| |
|8/25/2014||Anthony L Genito||CFO||Sell||1,657||$87.01||$144,175.57|| |
|8/18/2014||Anthony L Genito||CFO||Sell||26,084||$87.11||$2,272,177.24|| |
|8/11/2014||Anthony L Genito||CFO||Sell||6,416||$87.03||$558,384.48|| |
|6/11/2014||David R Lumley||CEO||Sell||50,000||$75.90||$3,795,000.00|| |
|5/21/2014||David Lumley||CEO||Sell||10,000||$74.81||$748,100.00|| |
|5/9/2014||David Maura||Director||Buy||5,180||$73.15||$378,917.00|| |
|5/9/2014||Tyler Kolarik||Insider||Buy||1,000||$72.77||$72,770.00|| |
|4/21/2014||David Lumley||CEO||Sell||10,000||$76.82||$768,200.00|| |
|3/21/2014||David Lumley||CEO||Sell||10,000||$78.81||$788,100.00|| |
|1/21/2014||David Lumley||CEO||Sell||10,000||$68.55||$685,500.00|| |
|12/12/2013||Tyler Kolarik||Insider||Buy||1,000||$67.00||$67,000.00|| |
|12/2/2013||Nathan Fagre||SVP||Sell||1,342||$69.39||$93,121.38|| |
|12/2/2013||Terry Polistina||Director||Sell||28,244||$69.50||$1,962,958.00|| |
|8/15/2013||David Maura||Director||Sell||20,000||$62.65||$1,253,000.00|| |
|6/6/2013||Harbinger Group Inc.||Insider||Buy||63,001||$61.63||$3,882,751.63|| |
|6/3/2013||Harbinger Group Inc.||Insider||Buy||39,000||$60.52||$2,360,280.00|| |
|5/29/2013||Harbinger Group Inc.||Insider||Buy||57,400||$59.66||$3,424,484.00|| |
|5/23/2013||Harbinger Group Inc.||Insider||Buy||62,800||$58.59||$3,679,452.00|| |
|5/21/2013||Harbinger Group Inc.||Insider||Buy||101,199||$59.01||$5,971,752.99|| |
|5/16/2013||Harbinger Group Inc.||Insider||Buy||55,100||$59.49||$3,277,899.00|| |
|5/13/2013||Harbinger Group Inc.||Insider||Buy||47,000||$57.45||$2,700,150.00|| |
|5/8/2013||Harbinger Group Inc.||Insider||Buy||42,600||$56.89||$2,423,514.00|| |
|5/3/2013||Harbinger Group Inc.||Insider||Buy||129,200||$54.75||$7,073,700.00|| |
|4/30/2013||Harbinger Group Inc.||Insider||Buy||106,100||$56.21||$5,963,881.00|| |
|4/25/2013||Harbinger Group Inc.||Insider||Buy||87,900||$57.03||$5,012,937.00|| |
|4/22/2013||Harbinger Group Inc.||Insider||Buy||35,100||$56.94||$1,998,594.00|| |
|4/17/2013||Harbinger Group Inc.||Insider||Buy||91,000||$56.69||$5,158,790.00|| |
|4/12/2013||Harbinger Group Inc.||Insider||Buy||18,200||$57.79||$1,051,778.00|| |
|4/9/2013||Harbinger Group Inc.||Insider||Buy||40,000||$56.66||$2,266,400.00|| |
|12/21/2012||David R Lumley||CEO||Sell||46,300||$43.11||$1,995,993.00|| |
|12/21/2012||John Heil||Insider||Sell||6,900||$43.12||$297,528.00|| |
|12/18/2012||Harbinger Group Inc.||Insider||Buy||333,778||$44.94||$14,999,983.32|| |
|11/21/2012||Harbinger Group Inc.||Insider||Buy||1,000||$45.00||$45,000.00|| |
|11/16/2012||Harbinger Group Inc.||Insider||Buy||6,000||$43.75||$262,500.00|| |
|11/13/2012||Harbinger Capital Partners Mas||Insider||Buy||8,000||$43.78||$350,240.00|| |
|11/7/2012||Harbinger Group Inc.||Insider||Buy||6,000||$44.50||$267,000.00|| |
|10/26/2012||Harbinger Group Inc.||Insider||Buy||1,800||$44.86||$80,748.00|| |
|10/4/2012||Terry Polistina||Insider||Sell||28,244||$40.52||$1,144,446.88|| |
Headline Trends for Spectrum Brands Holdings (NYSE:SPB)
Latest Headlines for Spectrum Brands Holdings (NYSE:SPB)
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Spectrum Brands Holdings (SPB) Chart for Saturday, October, 21, 2017