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

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$62.52 -1.98 (-3.07 %)
(As of 05/24/2019 03:17 AM ET)
Previous Close$64.50
Today's Range$62.34 - $65.03
52-Week Range$40.54 - $92.72
Volume240,985 shs
Average Volume428,628 shs
Market Capitalization$3.05 billion
P/E Ratio17.66
Dividend Yield2.59%
Beta1.93
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$7.1207 per share
Book Value$39.55 per share

Profitability

Net Income$768.30 million

Miscellaneous

Employees13,000
Market Cap$3.05 billion
Next Earnings Date7/25/2019 (Estimated)
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 Wednesday, April 24th. Shareholders of record on Tuesday, May 14th will be given a dividend of $0.42 per share on Tuesday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend is Monday, May 13th. View Spectrum Brands' Dividend History.

How were Spectrum Brands' earnings last quarter?

Spectrum Brands Holdings Inc (NYSE:SPB) issued its earnings results on Wednesday, May, 8th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.38 by $0.12. The company had revenue of $906.70 million for the quarter, compared to analyst estimates of $874.57 million. Spectrum Brands had a return on equity of 6.03% and a net margin of 24.97%. The firm's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period last year, the business posted $0.49 earnings per share. View Spectrum Brands' Earnings History.

When is Spectrum Brands' next earnings date?

Spectrum Brands is scheduled to release their next quarterly earnings announcement on Thursday, July 25th 2019. View Earnings Estimates for Spectrum Brands.

What price target have analysts set for SPB?

11 Wall Street analysts have issued 1-year price objectives for Spectrum Brands' stock. Their predictions range from $14.50 to $85.00. On average, they expect Spectrum Brands' stock price to reach $56.4375 in the next year. This suggests that the stock has a possible downside of 9.7%. 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 outpaced the industry in the past three months driven by efforts to transform business portfolio, via strategic agreements and divestitures. The recent divestiture of Global Auto Care business and Global Battery and Lighting Businesses are likely to aid top and bottom lines through improved focus on core activities. Moreover, the company’s focus on reducing debt should materially improve capital structure in fiscal 2019. However, the company has delivered negative top and bottom line surprise over the past two quarters. Lower volumes, adverse currency and sales decline at most segments mostly impacted top and bottom line in first-quarter fiscal 2019. Moreover, input cost inflation, unfavorable product mix and operating expense deleverage hurt EBITDA. The company expects higher spending on marketing and product innovations to dent margins in fiscal 2019, while currency headwinds will continue to hurt sales." (4/24/2019)
  • 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?

News stories about SPB stock have been trending neutral on Friday, InfoTrie reports. The research group identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Spectrum Brands earned a media sentiment score of 0.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Spectrum Brands' key competitors?

What other stocks do shareholders of Spectrum Brands own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spectrum Brands investors own include HRG Group (HRG), Sherwin-Williams (SHW), Fastenal (FAST), Starbucks (SBUX), Abbott Laboratories (ABT), Altria Group (MO), Valero Energy (VLO), Verizon Communications (VZ), TransEnterix (TRXC) and Altaba (AABA).

Who are Spectrum Brands' key executives?

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

Who are Spectrum Brands' major shareholders?

Spectrum Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include FMR LLC (16.19%), Fortress Investment Group LLC (9.88%), Wells Fargo & Company MN (3.98%), BlackRock Inc. (3.75%), Wellington Management Group LLP (2.84%) and Dimensional Fund Advisors LP (2.67%). View Institutional Ownership Trends for Spectrum Brands.

Which major investors are selling Spectrum Brands stock?

SPB stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Wells Fargo & Company MN, Fortress Investment Group LLC, Goldman Sachs Group Inc., First Manhattan Co., Voya Investment Management LLC, Comerica Bank and Arnhold LLC. View Insider Buying and Selling for Spectrum Brands.

Which major investors are buying Spectrum Brands stock?

SPB stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Wellington Management Group LLP, Pzena Investment Management LLC, Dimensional Fund Advisors LP, First Trust Advisors LP, Moerus Capital Management LLC, Teacher Retirement System of Texas and Macquarie Group Ltd.. 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 $62.52.

How big of a company is Spectrum Brands?

Spectrum Brands has a market capitalization of $3.05 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:  451 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  738
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 5/24/2019 by MarketBeat.com Staff

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