NYSE:SPB - Spectrum Brands, Inc. Common Stock Stock Price, Price Target & More

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$82.31 +0.58 (+0.71 %)
(As of 06/21/2018 04:17 AM ET)
Previous Close$81.73
Today's Range$80.65 - $82.58
52-Week Range$60.13 - $130.07
Volume393,600 shs
Average Volume855,909 shs
Market Capitalization$4.44 billion
P/E Ratio15.02
Dividend Yield2.10%
Beta0.84
Spectrum Brands, Inc. Common Stock logoSpectrum Brands Holdings, Inc. manufactures, markets, and distributes branded consumer products. Its Global Batteries & Appliances segment offers consumer batteries; personal care products, including electric shaving and grooming products, and hair care appliances and accessories; and small appliances, such as small kitchen and home appliances. The company's Hardware & Home Improvement segment provides hinges, security hardware products, screens and storm doors, garage doors, window hardware and floor protection products; knobs, levers, deadbolts, handle sets, and electronics; commercial doors, locks, and hardware products; and kitchen, bath, and shower faucets, as well as other plumbing products. Its Global Pet Supplies segment offers dog, cat, and small animal food and treats; clean-up and training aid products and accessories; pet health and grooming products; and aquariums and aquatic health supplies. The company's Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents; household insecticides and pest controls; and personal use pesticides and insect repellent products. Its Global Auto Care segment offers protectants, wipes, tire and wheel care products, glass cleaners, leather care products, and air fresheners and washes; automotive fuel and oil additives, and functional fluids; and do-it-yourself air conditioner recharge products, refrigerant and oil recharge kits, and sealants and accessories. The company sells its products through various trade channels, including retailers, wholesalers and distributors, hearing aid professionals, construction companies, and original equipment manufacturers in North America, Europe, the Middle East, Africa, Latin America, and the Asia-Pacific regions. The company was founded in 1906 and is headquartered in Middleton, Wisconsin. Spectrum Brands Holdings, Inc. is a subsidiary of HRG Group, Inc.

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Industry, Sector and Symbol

Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryHousehold Products
SectorConsumer Staples
SymbolNYSE:SPB
CUSIP84763R10
Webwww.spectrumbrands.com
Phone608-275-3340

Debt

Debt-to-Equity Ratio2.53
Current Ratio2.76
Quick Ratio2.22

Price-To-Earnings

Trailing P/E Ratio15.02
Forward P/E Ratio22.99
P/E Growth1.65

Sales & Book Value

Annual Sales$5.01 billion
Price / Sales0.91
Cash Flow$9.3322 per share
Price / Cash8.82
Book Value$31.82 per share
Price / Book2.59

Profitability

EPS (Most Recent Fiscal Year)$5.46
Net Income$295.80 million
Net Margins8.25%
Return on Equity12.68%
Return on Assets3.10%

Miscellaneous

Employees16,800
Outstanding Shares55,350,000

Spectrum Brands, Inc. Common Stock (NYSE:SPB) Frequently Asked Questions

What is Spectrum Brands, Inc. Common Stock's stock symbol?

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

How often does Spectrum Brands, Inc. Common Stock pay dividends? What is the dividend yield for Spectrum Brands, Inc. Common Stock?

Spectrum Brands, Inc. Common Stock declared a quarterly dividend on Tuesday, April 24th. Stockholders of record on Tuesday, May 15th will be paid a dividend of $0.42 per share on Tuesday, June 5th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend is Monday, May 14th. View Spectrum Brands, Inc. Common Stock's Dividend History.

How will Spectrum Brands, Inc. Common Stock's stock buyback program work?

Spectrum Brands, Inc. Common Stock declared that its board has initiated a share buyback plan on Friday, April 7th 2017, which authorizes the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.9% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

How were Spectrum Brands, Inc. Common Stock's earnings last quarter?

Spectrum Brands, Inc. Common Stock (NYSE:SPB) released its earnings results on Thursday, April, 26th. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $1.01 by $0.45. The business earned $766.10 million during the quarter, compared to the consensus estimate of $798.83 million. Spectrum Brands, Inc. Common Stock had a return on equity of 12.68% and a net margin of 8.25%. Spectrum Brands, Inc. Common Stock's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.86 EPS. View Spectrum Brands, Inc. Common Stock's Earnings History.

When is Spectrum Brands, Inc. Common Stock's next earnings date?

Spectrum Brands, Inc. Common Stock is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Spectrum Brands, Inc. Common Stock.

What price target have analysts set for SPB?

12 analysts have issued 1 year price objectives for Spectrum Brands, Inc. Common Stock's stock. Their forecasts range from $95.00 to $167.00. On average, they anticipate Spectrum Brands, Inc. Common Stock's share price to reach $128.0909 in the next year. View Analyst Ratings for Spectrum Brands, Inc. Common Stock.

What are Wall Street analysts saying about Spectrum Brands, Inc. Common Stock stock?

Here are some recent quotes from research analysts about Spectrum Brands, Inc. Common Stock 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. " (3/29/2018)
  • 2. Rowe analysts commented, "In a move we have encouraged since 2013, management announced strategic options for Global Batteries & Appliances (GB&A). The move will make SPB a faster organic grower and a higher-margin company. A potential deal—sometime in 2018—should provide significant financial flexibility to allow management to create meaningful shareholder value. It should also remove the AMZN battery overhang. We believe the deal could gross SPB $2.9-3.2B. SPB may be able to use HRG’s NOL to offset the tax hit, as Batteries has almost no cost basis and Appliances has a lower (but higher) one. Maintain Outperform." (1/3/2018)
  • 3. Wells Fargo & Co analysts commented, "We are buyers on weakness and believe that L.T. growth ops and strong free cash flow (FCF) make SPB a core holding in broader Staples. SPB has lagged over the past 6m (-33% vs. the S&P500), owing to concerns around inventory destocking, category risk and that HRG’s ongoing strategic review process will result in a sub- optimal outcome for SPB shareholders. We think this presents opportunity as the market underappreciates: (1) SPB’s proven topline track record (12% 6yr CAGR thru ’16), including opportunistic M&A and above-category organic sales growth (we est. ~2-3% annually going forward) and (2) Best in class FCF conversion of 120-130%e over the L.T. via disciplined working capital and low capex (capex ~2% of sales)." (10/31/2017)

Who are some of Spectrum Brands, Inc. Common Stock's key competitors?

Who are Spectrum Brands, Inc. Common Stock's key executives?

Spectrum Brands, Inc. Common Stock's management team includes the folowing people:
  • Mr. David M. Maura, Exec. Chairman (Age 46)
  • Mr. Andreas Rouvé, CEO & Director (Age 56)
  • Mr. Douglas L. Martin, Exec. VP & CFO (Age 56)
  • Mr. Nathan E. Fagre Esq., Sr. VP, Gen. Counsel & Sec. (Age 62)
  • Ms. Stacey L. Neu, Sr. VP of HR (Age 52)

Has Spectrum Brands, Inc. Common Stock been receiving favorable news coverage?

News headlines about SPB stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Spectrum Brands, Inc. Common Stock earned a media sentiment score of 0.07 on Accern's scale. They also gave media stories about the company an impact score of 45.67 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Spectrum Brands, Inc. Common Stock's major shareholders?

Spectrum Brands, Inc. Common Stock's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (2.93%), JPMorgan Chase & Co. (2.79%), BlackRock Inc. (2.09%), OppenheimerFunds Inc. (1.58%), Schroder Investment Management Group (1.37%) and Rubric Capital Management LP (1.09%). Company insiders that own Spectrum Brands, Inc. Common Stock stock include David M Maura and Stacey L Neu. View Institutional Ownership Trends for Spectrum Brands, Inc. Common Stock.

Which institutional investors are selling Spectrum Brands, Inc. Common Stock stock?

SPB stock was sold by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, HAP Trading LLC, Schwab Charles Investment Management Inc., Jane Street Group LLC, Schroder Investment Management Group, JPMorgan Chase & Co., Russell Investments Group Ltd. and OppenheimerFunds Inc.. View Insider Buying and Selling for Spectrum Brands, Inc. Common Stock.

Which institutional investors are buying Spectrum Brands, Inc. Common Stock stock?

SPB stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Rubric Capital Management LP, Lord Abbett & CO. LLC, Rovida Advisors Inc., Monarch Partners Asset Management LLC, Natixis, Barclays PLC and Steel Canyon Capital LLC. View Insider Buying and Selling for Spectrum Brands, Inc. Common Stock.

How do I buy shares of Spectrum Brands, Inc. Common Stock?

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, Inc. Common Stock's stock price today?

One share of SPB stock can currently be purchased for approximately $82.31.

How big of a company is Spectrum Brands, Inc. Common Stock?

Spectrum Brands, Inc. Common Stock has a market capitalization of $4.44 billion and generates $5.01 billion in revenue each year. The company earns $295.80 million in net income (profit) each year or $5.46 on an earnings per share basis. Spectrum Brands, Inc. Common Stock employs 16,800 workers across the globe.

How can I contact Spectrum Brands, Inc. Common Stock?

Spectrum Brands, Inc. Common Stock's 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, Inc. Common Stock (SPB)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  364 (Vote Outperform)
Underperform Votes:  203 (Vote Underperform)
Total Votes:  567
MarketBeat's community ratings are surveys of what our community members think about Spectrum Brands, Inc. Common Stock 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 6/21/2018 by MarketBeat.com Staff
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