NYSE:SPB - Spectrum Brands Stock Price, News, & Analysis

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$55.45 +0.74 (+1.35 %)
(As of 02/21/2019 08:54 AM ET)
Previous Close$54.71
Today's Range$54.04 - $55.72
52-Week Range$40.54 - $106.78
Volume754,264 shs
Average Volume720,266 shs
Market Capitalization$2.98 billion
P/E Ratio15.66
Dividend Yield3.07%
Beta1.86
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. The company's Hardware & Home Improvement segment offers hardware products under the National Hardware, Stanley, and FANAL brands; locksets and door hardware under the Kwikset, Weiser, Baldwin, EZSET, and Tell brands; and plumbing products under the Pfister brand. Its Global Pet Supplies segment provides dog, cat, and small animal food and treats; clean-up and training aid products and accessories; and pet health and grooming products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, GloFish, ProSense, Perfect Coat, eCOTRITION, Birdola, and Digest-eeze brands. It also offers aquariums and aquatic health supplies under the Tetra, Marineland, Whisper, and Instant Ocean brand names. The company's 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 controls under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; and personal-use pesticides under the Cutter and Repel brands. Its Global Auto Care segment offers protectants, wipes, tire and wheel care products, glass cleaners, leather care products, air fresheners, and washes under the Armor All brand; automotive fuel and oil additives, and functional fluids under the STP brand name; and do-it-yourself air conditioner recharge products, refrigerant and oil recharge kits, sealants, and accessories under the A/C PRO brand. The company sells its products through retailers, e-commerce and online retailers, wholesalers and distributors, construction companies, and original equipment manufacturers. The company was formerly known as HRG Group, Inc. and changed its name to Spectrum Brands Holdings, Inc. in July 2018. The company is headquartered in Middleton, Wisconsin.

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Industry, Sector and Symbol

Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryHousehold Products
SectorConsumer Discretionary
CUSIP84763R10
Phone608-275-3340

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.15 billion
Cash Flow$7.5034 per share
Book Value$26.17 per share

Profitability

Net Income$768.30 million

Miscellaneous

Employees13,000
Market Cap$2.98 billion
OptionableOptionable

Spectrum Brands (NYSE:SPB) Frequently Asked Questions

What is Spectrum Brands' stock symbol?

Spectrum Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPB."

How often does Spectrum Brands pay dividends? What is the dividend yield for Spectrum Brands?

Spectrum Brands declared a quarterly dividend on Tuesday, January 29th. Stockholders of record on Tuesday, February 19th will be given a dividend of $0.42 per share on Tuesday, March 12th. This represents a $1.68 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Friday, February 15th. View Spectrum Brands' Dividend History.

How will Spectrum Brands' stock buyback program work?

Spectrum Brands announced that its Board of Directors has authorized a share buyback plan on Friday, April 7th 2017, which permits the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

How were Spectrum Brands' earnings last quarter?

Spectrum Brands Holdings Inc (NYSE:SPB) posted its quarterly earnings results on Thursday, February, 7th. The company reported ($0.20) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.40 by $0.60. The company had revenue of $874.60 million for the quarter, compared to analyst estimates of $910.97 million. Spectrum Brands had a net margin of 3.32% and a return on equity of 3.24%. The business's quarterly revenue was up 35.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.38 EPS. View Spectrum Brands' Earnings History.

When is Spectrum Brands' next earnings date?

Spectrum Brands is scheduled to release their next quarterly earnings announcement on Friday, May 3rd 2019. View Earnings Estimates for Spectrum Brands.

What price target have analysts set for SPB?

11 equities research analysts have issued 1-year price targets for Spectrum Brands' stock. Their forecasts range from $14.50 to $105.00. On average, they expect Spectrum Brands' share price to reach $59.1875 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Spectrum Brands.

What is the consensus analysts' recommendation for Spectrum Brands?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Spectrum Brands.

What are Wall Street analysts saying about Spectrum Brands stock?

Here are some recent quotes from research analysts about Spectrum Brands stock:
  • 1. According to Zacks Investment Research, "Spectrum Brands has underperformed the industry in the past six months. Further, the company posted dismal fourth-quarter fiscal 2018 results, wherein the top and bottom lines missed estimates. Earnings also fell year over year owing to lower margins and higher distribution costs. Moreover, higher input and distribution costs along with operating inefficiencies have been hurting the company’s EBITDA for a while now. Higher freight costs, lower volumes and adverse manufacturing variances are other concerns. Also, foreign currency headwinds are hurting its performance. However, Spectrum Brands is taking strategic initiatives like mergers, acquisitions and divestitures to enhance its business portfolio and drive growth. Recently, it closed the sale of its Battery Business to Energizer. Management plans to use divestiture proceeds to develop its core business units, reduce debt, reinvestment in strategic buyouts and share buybacks." (1/21/2019)
  • 2. Wells Fargo & Co analysts commented, "We lower our FY19/FY20 EBITDA ests. by $51MM/$72MM to $563MM/$568MM & our price target by $20 to $50 (implying a ~7-8x pro-forma multiple) to reflect what we believe is a much more challenged fundamental backdrop than even our prior conservative ests. contemplated. In short, we weren’t surprised shares were meaningfully off today (-19% vs. the S&P500 -2%) and don’t see today’s weakness as a buying opportunity. We remain cautious given our ongoing concerns about SPB’s execution & biz cyclicality." (11/15/2018)

Has Spectrum Brands been receiving favorable news coverage?

Media headlines about SPB stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spectrum Brands earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Who are some of Spectrum Brands' key competitors?

Who are Spectrum Brands' key executives?

Spectrum Brands' management team includes the folowing people:
  • Mr. David M. Maura, Exec. Chairman & CEO (Age 47)
  • Mr. Ehsan Zargar, Exec. VP, Gen. Counsel & Sec. (Age 42)
  • Mr. Douglas L. Martin, Exec. VP & CFO (Age 57)
  • Mr. Randal D. Lewis, Sr. VP & COO (Age 53)

Who are Spectrum Brands' major shareholders?

Spectrum Brands' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.42%), Wedge Capital Management L L P NC (3.22%), Dimensional Fund Advisors LP (1.99%), Brown Advisory Inc. (1.17%), Confluence Investment Management LLC (1.00%) and Bank of New York Mellon Corp (0.84%). View Institutional Ownership Trends for Spectrum Brands.

Which institutional investors are selling Spectrum Brands stock?

SPB stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., Millennium Management LLC, London Co. of Virginia, Highbridge Capital Management LLC, Public Employees Retirement Association of Colorado, Channing Capital Management LLC, Logan Capital Management Inc. and Natixis Advisors L.P.. View Insider Buying and Selling for Spectrum Brands.

Which institutional investors are buying Spectrum Brands stock?

SPB stock was acquired by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Wedge Capital Management L L P NC, Dimensional Fund Advisors LP, First Trust Advisors LP, Confluence Investment Management LLC, Nordea Investment Management AB, Squarepoint Ops LLC and Gotham Asset Management LLC. View Insider Buying and Selling for Spectrum Brands.

How do I buy shares of Spectrum Brands?

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

What is Spectrum Brands' stock price today?

One share of SPB stock can currently be purchased for approximately $55.45.

How big of a company is Spectrum Brands?

Spectrum Brands has a market capitalization of $2.98 billion and generates $3.15 billion in revenue each year. The company earns $768.30 million in net income (profit) each year or $3.54 on an earnings per share basis. Spectrum Brands employs 13,000 workers across the globe.

What is Spectrum Brands' official website?

The official website for Spectrum Brands is http://www.spectrumbrands.com.

How can I contact Spectrum Brands?

Spectrum Brands' mailing address is 3001 DEMING WAY, MIDDLETON WI, 53562. The company can be reached via phone at 608-275-3340 or via email at [email protected]


MarketBeat Community Rating for Spectrum Brands (NYSE SPB)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  433 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  708
MarketBeat's community ratings are surveys of what our community members think about Spectrum Brands and other stocks. Vote "Outperform" if you believe SPB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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