Spectrum Brands Holdings Company Profile (NYSE:SPB)

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

Spectrum Brands Holdings announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.42 per share on Tuesday, September 12th. This represents a $1.68 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, August 11th. View Spectrum Brands Holdings' Dividend History.

Spectrum Brands Holdings announced that its board has authorized a stock repurchase program 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 programs are typically a sign that the company's board believes its stock is undervalued.

Spectrum Brands Holdings, Inc. (NYSE:SPB) released its quarterly earnings data on Thursday, July, 27th. The company reported $1.71 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.92 by $0.21. The firm had revenue of $1.30 billion for 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 company's revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.73 earnings per share. View Spectrum Brands Holdings' Earnings History.

Spectrum Brands Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, November, 15th 2017. View Earnings Estimates for Spectrum Brands Holdings.

8 analysts have issued 12-month price targets for Spectrum Brands Holdings' shares. Their forecasts range from $130.00 to $167.00. On average, they anticipate Spectrum Brands Holdings' share price to reach $145.29 in the next twelve months. View Analyst Ratings for Spectrum Brands Holdings.

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. " (7/29/2017)
• 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)

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), AZZ (AZZ), Hollysys Automation Technologies (HOLI), General Cable Corporation (BGC), Chase (CCF), MTS Systems Corporation (MTSC), GrafTech International Ltd (GTI), FARO Technologies (FARO), Oxford Instruments plc (OXIG), Kimball Electronics (KE) and XP Power (XPP).

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

Spectrum Brands Holdings' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (3.56%), Vanguard Group Inc. (3.43%), JPMorgan Chase & Co. (2.82%), BlackRock Inc. (2.05%), Bessemer Group Inc. (1.78%) and Acadian Asset Management LLC (1.68%). Company insiders that own Spectrum Brands Holdings stock include Andreas Rouve, David M Maura, David R Lumley, Hrg Group, Inc, Nathan E Fagre and Stacey L Neu. View Institutional Ownership Trends for Spectrum Brands Holdings.

Spectrum Brands Holdings' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Wells Fargo & Company MN, Acadian Asset Management LLC, Boston Advisors LLC, Strs Ohio, Cornerstone Capital Management Holdings LLC., PNC Financial Services Group Inc. and Dynamo Internacional Gestao DE Recursos LTDA.. View Insider Buying and Selling for Spectrum Brands Holdings.

Spectrum Brands Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Schroder Investment Management Group, Bessemer Group Inc., Janus Henderson Group PLC, Marshall Wace LLP, Citigroup Inc., Marshall Wace North America L.P., BNP Paribas Arbitrage SA and Bank of Nova Scotia. Company insiders that have bought Spectrum Brands Holdings stock in the last two years include David M Maura and Hrg Group, Inc. View Insider Buying and Selling for Spectrum Brands Holdings.

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.

One share of Spectrum Brands Holdings stock can currently be purchased for approximately $105.21.