Should I buy or sell Spectrum Brands stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPB, but not buy additional shares or sell existing shares. View SPB analyst ratings or view top-rated stocks .

What is Spectrum Brands' stock price target for 2024?

5 Wall Street research analysts have issued 12-month price targets for Spectrum Brands' shares. Their SPB share price targets range from $80.00 to $100.00. On average, they predict the company's stock price to reach $89.17 in the next year. This suggests a possible upside of 12.8% from the stock's current price. View analysts price targets for SPB or view top-rated stocks among Wall Street analysts .

How have SPB shares performed in 2024?

Spectrum Brands' stock was trading at $79.77 at the beginning of 2024. Since then, SPB stock has decreased by 0.9% and is now trading at $79.08. View the best growth stocks for 2024 here .

When is Spectrum Brands' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024. View our SPB earnings forecast .

How were Spectrum Brands' earnings last quarter?

Spectrum Brands Holdings, Inc. (NYSE:SPB) posted its quarterly earnings data on Thursday, February, 8th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.31 by $0.47. The firm had revenue of $692.20 million for the quarter, compared to analyst estimates of $674.20 million. Spectrum Brands had a trailing twelve-month return on equity of 4.66% and a net margin of 63.89%. The firm's revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.32) earnings per share.

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

Spectrum Brands announced a quarterly dividend on Tuesday, February 6th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.42 per share on Tuesday, March 12th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Friday, February 16th. Read our dividend analysis for SPB .

Is Spectrum Brands a good dividend stock?

Spectrum Brands (NYSE:SPB) pays an annual dividend of $1.68 per share and currently has a dividend yield of 2.14%. The dividend payout ratio is 3.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPB will have a dividend payout ratio of 36.60% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SPB .

What ETFs hold Spectrum Brands' stock?

ETFs with the largest weight of Spectrum Brands (NYSE:SPB) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT) , Goldman Sachs ETF Trust Goldman (GPOW) , JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) , Schwab Fundamental U.S. Small Company Index ETF (FNDA) and iShares U.S. Consumer Staples ETF (IYK) . ProShares Pet Care ETF (PAWZ) and

What is David Maura's approval rating as Spectrum Brands' CEO?

68 employees have rated Spectrum Brands Chief Executive Officer David Maura on Glassdoor.com . David Maura has an approval rating of 57% among the company's employees. This puts David Maura in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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 AbbVie (ABBV) , Bristol-Myers Squibb (BMY) , Intel (INTC) , Verizon Communications (VZ) , Advanced Micro Devices (AMD) , General Electric (GE) , Johnson & Johnson (JNJ) , Pfizer (PFE) , QUALCOMM (QCOM) and AT&T (T) .

Who are Spectrum Brands' major shareholders?

Spectrum Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.48%) and First Hawaiian Bank (0.03%). Insiders that own company stock include David M Maura and Ehsan Zargar . View institutional ownership trends .

How do I buy shares of Spectrum Brands?

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 .

NYSE:SPB

Spectrum Brands (SPB) Stock Price, News & Analysis

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$79.08

-0.37 (-0.47%)

(As of 04/17/2024 ET)

Compare

Today's Range: $78.79
▼
$80.01
50-Day Range: $78.58
▼
$89.01
52-Week Range: $63.64
▼
$89.64

Volume: 261,968 shs
Average Volume: 380,541 shs
Market Capitalization: $2.39 billion

P/E Ratio: 1.72
Dividend Yield: 2.12%
Price Target: $89.17

Get Spectrum Brands alerts:

Spectrum Brands MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 12.8% Upside
$89.17 Price Target
Short Interest: Healthy
7.10% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -2.68
Upright™ Environmental Score
News Sentiment: 1.15
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 21.11%
From $3.79 to $4.59 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.78 out of 5 stars

Consumer Discretionary Sector

6th out of 255 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

1st out of 26 stocks

3.2

Analyst's Opinion

Consensus Rating
Spectrum Brands has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Spectrum Brands has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
7.10% 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 5.5.
Change versus previous month
Short interest in Spectrum Brands has recently decreased by 8.77%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
Spectrum Brands pays a meaningful dividend of 2.14%, 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 3.65%. 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 36.60% next year. This indicates that Spectrum Brands will be able to sustain or increase its dividend.

2.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Spectrum Brands has received a 0.09% net impact score from Upright. Spectrum Brands seems to create the most significant positive value in categories "Taxes", "Jobs", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Disinfectants", "Sinks", "Faucets", "Synthetic insecticides", "Dishwashing machines", and "Insect repellents" products. See details.
Environmental Sustainability
The Environmental Impact score for Spectrum Brands is -2.68.

2.9

News and Social Media Coverage

News Sentiment
Spectrum Brands has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Spectrum Brands this week, compared to 4 articles on an average week.
Search Interest
10 people have searched for SPB on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Spectrum Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.60% of the stock of Spectrum Brands is held by insiders.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Spectrum Brands are expected to grow by 21.11% in the coming year, from $3.79 to $4.59 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Spectrum Brands is 1.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spectrum Brands is 1.72, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.89.
Price to Earnings Growth Ratio
Spectrum Brands has a PEG Ratio of 0.54. 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 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Spectrum Brands Stock (NYSE:SPB)

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.

SPB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SPB Stock News Headlines

April 17, 2024 | msn.com

Spectrum TV Stream launched with 90+ channels

April 11, 2024 | markets.businessinsider.com

Wells Fargo Reaffirms Their Hold Rating on Spectrum Brands Holdings (SPB)

April 18, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 25, 2024 | finance.yahoo.com

Those who invested in Spectrum Brands Holdings (NYSE:SPB) five years ago are up 69%

February 25, 2024 | finance.yahoo.com

SPB Jul 2024 105.000 call

February 25, 2024 | finance.yahoo.com

SPB Apr 2024 60.000 put

February 25, 2024 | finance.yahoo.com

SPB Jul 2024 60.000 put

February 24, 2024 | msn.com

Spectrum Brands Holdings (SPB) Price Target Increased by 10.40% to 94.73

April 18, 2024 | Paradigm Press (Ad)

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Spectrum Brands Holdings Inc

February 17, 2024 | ca.finance.yahoo.com

SPB Mar 2024 70.000 put

February 16, 2024 | ca.finance.yahoo.com

SPB Sep 2024 90.000 call

February 9, 2024 | finance.yahoo.com

Spectrum Brands Holdings First Quarter 2024 Earnings: Beats Expectations

February 9, 2024 | finance.yahoo.com

Spectrum Brands Holdings, Inc. (NYSE:SPB) Q1 2024 Earnings Call Transcript

February 9, 2024 | seekingalpha.com

Spectrum Brands Holdings, Inc. (SPB) Q1 2024 Earnings Call Transcript

February 9, 2024 | markets.businessinsider.com

Analyst Expectations For Spectrum Brands Holdings's Future

February 9, 2024 | finance.yahoo.com

Q1 2024 Spectrum Brands Holdings Inc Earnings Call

February 8, 2024 | finance.yahoo.com

Here's What Key Metrics Tell Us About Spectrum (SPB) Q1 Earnings

February 8, 2024 | finance.yahoo.com

Spectrum Brands (SPB) Stock Trades Up, Here Is Why

February 8, 2024 | finanznachrichten.de

Spectrum Brands Holdings Reports Fiscal 2024 First Quarter Results

February 8, 2024 | finance.yahoo.com

Spectrum Brands (NYSE:SPB) Q1 Sales Beat Estimates

February 8, 2024 | seekingalpha.com

Spectrum Brands Holdings, Inc. 2024 Q1 - Results - Earnings Call Presentation

February 7, 2024 | finance.yahoo.com

Central Garden (CENT) Q1 Earnings and Revenues Surpass Estimates

February 7, 2024 | msn.com

Spectrum Brands Q1 2024 Earnings Preview

February 7, 2024 | finance.yahoo.com

Spectrum Brands (SPB) Q1 Earnings: What To Expect

February 6, 2024 | finance.yahoo.com

Insights Into Spectrum (SPB) Q1: Wall Street Projections for Key Metrics

February 2, 2024 | finance.yahoo.com

Here's How Spectrum Brands (SPB) Looks Ahead of Q1 Earnings

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Ex-Dividend for 3/12 Dividend: 2/16/2024
Dividend Payable: 3/12/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/10/2024
Fiscal Year End: 9/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: Household Products
Current Symbol: NYSE:SPB
CUSIP: 84763R10
CIK: 1487730
Web: www.spectrumbrands.com
Phone: (608) 275-3340
Fax: N/A
Employees: 3,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $89.17
High Stock Price Target: $100.00
Low Stock Price Target: $80.00
Potential Upside/Downside: +12.8%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $46.08
Trailing P/E Ratio: 1.72
Forward P/E Ratio: 20.87
P/E Growth: 0.54
Net Income: $1.80 billion
Net Margins: 63.89%
Pretax Margin: -7.19%
Return on Equity: 4.66%
Return on Assets: 1.80%

Debt

Debt-to-Equity Ratio: 0.60
Current Ratio: 3.36
Quick Ratio: 2.75

Sales & Book Value

Annual Sales: $2.92 billion
Price / Sales: 0.82
Cash Flow: $11.01 per share
Price / Cash Flow: 7.18
Book Value: $70.59 per share
Price / Book: 1.12

Miscellaneous

Outstanding Shares: 30,270,000
Free Float: 29,485,000
Market Cap: $2.39 billion
Optionable: Optionable
Beta: 1.20

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Key Executives

Mr. David M. Maura C.F.A. (Age 52)
Executive Chairman & CEO
Comp: $2.02M
Mr. Jeremy W. Smeltser (Age 49)
Executive VP & CFO
Comp: $1M
Mr. Ehsan Zargar (Age 47)
Executive VP, General Counsel & Corporate Secretary
Comp: $770.02k
Mr. John Pailthorp
President of Global Pet Care
Mr. Javier Andrade-Marin
President of Home & Garden
Faisal Qadir
Vice President of Strategic Finance & Enterprise Reporting

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPB Stock Analysis - Frequently Asked Questions

Should I buy or sell Spectrum Brands stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SPB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SPB, but not buy additional shares or sell existing shares.
View SPB analyst ratings or view top-rated stocks.
What is Spectrum Brands' stock price target for 2024?: 5 Wall Street research analysts have issued 12-month price targets for Spectrum Brands' shares. Their SPB share price targets range from $80.00 to $100.00. On average, they predict the company's stock price to reach $89.17 in the next year. This suggests a possible upside of 12.8% from the stock's current price.
View analysts price targets for SPB or view top-rated stocks among Wall Street analysts.
How have SPB shares performed in 2024?: Spectrum Brands' stock was trading at $79.77 at the beginning of 2024. Since then, SPB stock has decreased by 0.9% and is now trading at $79.08.
View the best growth stocks for 2024 here.
When is Spectrum Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, May 10th 2024.
View our SPB earnings forecast.
How were Spectrum Brands' earnings last quarter?: Spectrum Brands Holdings, Inc. (NYSE:SPB) posted its quarterly earnings data on Thursday, February, 8th. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.31 by $0.47. The firm had revenue of $692.20 million for the quarter, compared to analyst estimates of $674.20 million. Spectrum Brands had a trailing twelve-month return on equity of 4.66% and a net margin of 63.89%. The firm's revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.32) earnings per share.
How often does Spectrum Brands pay dividends? What is the dividend yield for Spectrum Brands?: Spectrum Brands announced a quarterly dividend on Tuesday, February 6th. Investors of record on Tuesday, February 20th will be paid a dividend of $0.42 per share on Tuesday, March 12th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for SPB.

Is Spectrum Brands a good dividend stock?: Spectrum Brands (NYSE:SPB) pays an annual dividend of $1.68 per share and currently has a dividend yield of 2.14%. The dividend payout ratio is 3.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPB will have a dividend payout ratio of 36.60% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPB.
What ETFs hold Spectrum Brands' stock?: ETFs with the largest weight of Spectrum Brands (NYSE:SPB) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Goldman Sachs ETF Trust Goldman (GPOW), JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME), Schwab Fundamental U.S. Small Company Index ETF (FNDA) and iShares U.S. Consumer Staples ETF (IYK).ProShares Pet Care ETF (PAWZ) and
What is David Maura's approval rating as Spectrum Brands' CEO?: 68 employees have rated Spectrum Brands Chief Executive Officer David Maura on Glassdoor.com. David Maura has an approval rating of 57% among the company's employees. This puts David Maura in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
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 AbbVie (ABBV), Bristol-Myers Squibb (BMY), Intel (INTC), Verizon Communications (VZ), Advanced Micro Devices (AMD), General Electric (GE), Johnson & Johnson (JNJ), Pfizer (PFE), QUALCOMM (QCOM) and AT&T (T).
Who are Spectrum Brands' major shareholders?: Spectrum Brands' stock is owned by a number of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.48%) and First Hawaiian Bank (0.03%). Insiders that own company stock include David M Maura and Ehsan Zargar.
View institutional ownership trends.
How do I buy shares of Spectrum Brands?: 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.

This page (NYSE:SPB) was last updated on 4/18/2024 by MarketBeat.com Staff

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Spectrum Brands (SPB) Stock Price, News & Analysis

Spectrum Brands MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Spectrum Brands Stock (NYSE:SPB)

SPB Stock Price History

SPB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SPB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™