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

$56.41
-3.62 (-6.03 %)
(As of 09/17/2019 01:01 AM ET)
Today's Range
$55.80
Now: $56.41
$58.03
50-Day Range
$46.22
MA: $52.71
$60.17
52-Week Range
$40.54
Now: $56.41
$83.62
Volume476,231 shs
Average Volume477,134 shs
Market Capitalization$2.75 billion
P/E Ratio15.94
Dividend Yield2.80%
Beta1.74
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. Read More…

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$6.8961 per share
Book Value$29.76 per share

Profitability

Net Income$768.30 million

Miscellaneous

Employees13,000
Market Cap$2.75 billion
Next Earnings Date11/18/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Thursday, August 1st. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.42 per share on Thursday, September 19th. This represents a $1.68 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Wednesday, August 21st. View Spectrum Brands' Dividend History.

How were Spectrum Brands' earnings last quarter?

Spectrum Brands Holdings Inc (NYSE:SPB) issued its quarterly earnings data on Wednesday, August, 7th. The company reported $1.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.22 by $0.13. The company earned $1.02 billion during the quarter, compared to analyst estimates of $1 billion. Spectrum Brands had a net margin of 13.21% and a return on equity of 6.36%. The business's revenue for the quarter was down .7% compared to the same quarter last year. During the same period last year, the firm earned $1.76 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 Monday, November 18th 2019. View Earnings Estimates for Spectrum Brands.

What price target have analysts set for SPB?

10 brokerages have issued 12-month price targets for Spectrum Brands' shares. Their predictions range from $14.50 to $85.00. On average, they anticipate Spectrum Brands' stock price to reach $54.1875 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. View Analyst Price Targets for Spectrum Brands.

What is the consensus analysts' recommendation for Spectrum Brands?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last year. There are currently 4 hold ratings and 6 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?

Media coverage about SPB stock has been trending somewhat positive on Tuesday, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spectrum Brands earned a news sentiment score of 0.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Spectrum Brands.

Are investors shorting Spectrum Brands?

Spectrum Brands saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 3,680,200 shares, an increase of 9.2% from the July 31st total of 3,370,600 shares. Based on an average daily volume of 394,400 shares, the days-to-cover ratio is currently 9.3 days. Approximately 8.6% of the shares of the stock are sold short. View Spectrum Brands' Current Options Chain.

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), Newell Brands (NWL), TransEnterix (TRXC), Booking (BKNG), Starbucks (SBUX), Tractor Supply (TSCO), Blackstone Group (BX) and COSTAMARE INC/SH (CMRE).

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 a number of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (7.20%), BlackRock Inc. (3.36%), Wells Fargo & Company MN (3.31%), Sterling Capital Management LLC (2.36%), Cardinal Capital Management LLC CT (2.29%) and Pzena Investment Management LLC (1.99%). Company insiders that own Spectrum Brands stock include David M Maura and Kenneth C Ambrecht. 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 Bank of New York Mellon Corp, Invesco Ltd., Wells Fargo & Company MN, Vanguard Group Inc., Clearline Capital LP, First Manhattan Co., BlackRock Inc. and Keeley Teton Advisors LLC. View Insider Buying and Selling for Spectrum Brands.

Which major investors are buying Spectrum Brands stock?

SPB stock was bought by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Pzena Investment Management LLC, Teacher Retirement System of Texas, AQR Capital Management LLC, Nuveen Asset Management LLC, Man Group plc, William Blair Investment Management LLC and Benefit Street Partners LLC. Company insiders that have bought Spectrum Brands stock in the last two years include David M Maura and Kenneth C Ambrecht. 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, Robinhood, Fidelity and Charles Schwab.

What is Spectrum Brands' stock price today?

One share of SPB stock can currently be purchased for approximately $56.41.

How big of a company is Spectrum Brands?

Spectrum Brands has a market capitalization of $2.75 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.View Additional Information About Spectrum Brands.

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:  3.0 out of 5 (star star star)
Outperform Votes:  464 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  771
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 9/17/2019 by MarketBeat.com Staff

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