NYSE:SPB

Spectrum Brands - SPB Stock Forecast, Price & News

$39.03

-0.45 (-1.14%)

(As of 09/30/2022 09:02 PM ET)

Add

Compare

Today's Range: $38.93
▼
$39.67
50-Day Range: $39.03
▼
$71.47
52-Week Range: $38.93
▼
$107.22

Volume: 819,900 shs
Average Volume: 409,550 shs
Market Capitalization: $1.59 billion

P/E Ratio: 15.31
Dividend Yield: 4.30%
Price Target: $87.00

Spectrum Brands MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 122.9% Upside
$87.00 Price Target
Short Interest: Healthy
3.36% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -2.68
Upright™ Environmental Score
News Sentiment: 0.30
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 100.00%
From $1.27 to $2.54 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.10 out of 5 stars

Consumer Discretionary Sector

14th out of 281 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

1st out of 24 stocks

4.4

Analyst's Opinion

Consensus Rating
Spectrum Brands has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $87.00, Spectrum Brands has a forecasted upside of 122.9% from its current price of $39.03.
Amount of Analyst Coverage
Spectrum Brands has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.36% 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 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Spectrum Brands has recently decreased by 6.29%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Spectrum Brands is a leading dividend payer. It pays a dividend yield of 4.30%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Spectrum Brands does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Spectrum Brands is 65.88%. 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 66.14% 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.

2.4

News and Social Media Coverage

News Sentiment
Spectrum Brands has a news sentiment score of 0.30. 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 lower news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Spectrum Brands this week, compared to 1 article on an average week.
Search Interest
Only 6 people have searched for SPB on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.
MarketBeat Follows
4 people have added Spectrum Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 2.30% of the stock of Spectrum Brands is held by insiders.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Spectrum Brands are expected to grow by 100.00% in the coming year, from $1.27 to $2.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Spectrum Brands is 15.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spectrum Brands is 15.31, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 9.26.
Price to Book Value per Share Ratio
Spectrum Brands has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Spectrum Brands (NYSE:SPB) Stock

Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. 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, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The Global Pet Care segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, Good Boy, Meowee!, Wildbird, and Wafcol brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, GloFish, OmegaOne, 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 incorporated in 2009 and is headquartered in Middleton, Wisconsin.

Receive SPB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Spectrum Brands and its competitors with MarketBeat's FREE daily newsletter.

SPB Stock News Headlines

September 29, 2022 | forbes.com

Here Are Some Spectrum Internet Deals, Discounts And Promotions To Look For

September 22, 2022 | finance.yahoo.com

Top 10 Stock Picks of Amy Minella’s Cardinal Capital

September 21, 2022 | seekingalpha.com

SPB Spectrum Brands Holdings, Inc.

September 17, 2022 | nasdaq.com

Spectrum Brands Holdings Inc. Shares Close the Week 23.4% Lower - Weekly Wrap

September 15, 2022 | finance.yahoo.com

Spectrum Brands’ Statement on the U.S. Department of Justice’s Opposition to the Sale of its Hardware and Home Improvement Division to ASSA ABLOY

September 15, 2022 | finance.yahoo.com

Justice Department Sues to Block $4.3 Billion Home Security Merger

September 10, 2022 | nasdaq.com

Noteworthy Friday Option Activity: SPB, ATVI, IRTC

September 2, 2022 | nasdaq.com

Spectrum Brands Holdings Enters Oversold Territory (SPB)

August 13, 2022 | finance.yahoo.com

Spectrum Brands Holdings (NYSE:SPB) Has Announced A Dividend Of $0.42

August 12, 2022 | seekingalpha.com

Spectrum Brands Holdings, Inc. (SPB) CEO David Maura on Q3 2022 Results - Earnings Call Transcript

August 12, 2022 | finance.yahoo.com

Spectrum Brands' Q3 Highlights: Revenue Miss, 17% Job Cuts & More

August 12, 2022 | seekingalpha.com

Spectrum Brands stock slumps as inventory surges, profits plunge

August 12, 2022 | nasdaq.com

Spectrum Brands (SPB) Misses Q3 Earnings and Sales Estimates

August 12, 2022 | finance.yahoo.com

Spectrum Brands Holdings Reports Fiscal 2022 Third Quarter Results

August 12, 2022 | finance.yahoo.com

Spectrum Brands reports big profit and sales miss, amid 'negative demand shocks' and bad weather

August 11, 2022 | finance.yahoo.com

Spectrum Brands Q3 Preview: Can Shares Find New Life?

August 11, 2022 | finance.yahoo.com

Endeavor Group (EDR) Q2 Earnings and Revenues Beat Estimates

August 10, 2022 | finance.yahoo.com

VIZIO Holding Corp. (VZIO) Q2 Earnings and Revenues Top Estimates

August 7, 2022 | fool.com

Spectrum Brands (NYSE: SPB)

August 5, 2022 | finance.yahoo.com

Investors five-year losses grow to 25% as the stock sheds US$142m this past week

July 20, 2022 | finance.yahoo.com

Spectrum Brands Holdings to Report Fiscal 2022 Third Quarter Financial Results and Hold Conference Call and Webcast on August 12, 2022

July 6, 2022 | finance.yahoo.com

Bear of the Day: Spectrum Brands Holdings, Inc. (SPB)

June 14, 2022 | nasdaq.com

Notable Tuesday Option Activity: REGN, SPB, GRMN

June 9, 2022 | finance.yahoo.com

Spectrum Brands Holdings, Inc. (SPB)

May 23, 2022 | nasdaq.com

Noteworthy Monday Option Activity: WFC, SPB, HUM

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive SPB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Spectrum Brands and its competitors with MarketBeat's FREE daily newsletter.

SPB Company Calendar

Last Earnings: 8/12/2022
Ex-Dividend for 9/28 Dividend: 8/29/2022
Dividend Payable: 9/28/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/11/2022
Fiscal Year End: 9/30/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry: Household Products
Sector: Consumer Discretionary
Current Symbol: NYSE:SPB
CUSIP: 84763R10
CIK: 1487730
Web: www.spectrumbrands.com
Phone: (608) 275-3340
Fax: N/A
Employees: 12,100
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $87.00
High Stock Price Forecast: $109.00
Low Stock Price Forecast: $68.00
Forecasted Upside/Downside: +122.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.55
Trailing P/E Ratio: 15.31
Forward P/E Ratio: 30.73
P/E Growth: N/A
Net Income: $189.60 million
Net Margins: 3.41%
Pretax Margin: -3.14%
Return on Equity: 3.85%
Return on Assets: 0.92%

Debt

Debt-to-Equity Ratio: 2.45
Current Ratio: 2.66
Quick Ratio: 2.02

Sales & Book Value

Annual Sales: $3.00 billion
Price / Sales: 0.53
Cash Flow: $5.73 per share
Price / Cash Flow: 6.81
Book Value: $34.69 per share
Price / Book: 1.13

Miscellaneous

Outstanding Shares: 40,776,000
Free Float: 39,838,000
Market Cap: $1.59 billion
Optionable: Optionable
Beta: 1.30

Key Executives

Mr. David M. Maura C.F.A. (Age 50)
Exec. Chairman & CEO
Comp: $3.21M

Mr. Jeremy W. Smeltser (Age 47)
Exec. VP & CFO
Comp: $1.34M

Mr. Randal D. Lewis (Age 55)
Exec. VP & COO
Comp: $1.57M

Mr. Ehsan Zargar (Age 45)
Exec. VP, Gen. Counsel & Corp. Sec.
Comp: $1.01M

Ms. Rebeckah Long (Age 47)
Sr. VP & Chief HR Officer
Comp: $781k

Mr. David S. Albert (Age 56)
Pres of Home & Personal Care Appliances

Mr. John Pailthorp
Pres of Global Pet Care

Mr. Tim Goff
Pres of Hardware & Home Improvement

Mr. Daniel L. Karpel (Age 51)
VP & Corp. Controller

Faisal Qadir
VP of Strategic Fin. & Enterprise Reporting

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SPB Stock - Frequently Asked Questions

Should I buy or sell Spectrum Brands stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Spectrum Brands in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SPB shares.
View SPB analyst ratings or view top-rated stocks.
What is Spectrum Brands' stock price forecast for 2022?: 8 equities research analysts have issued 12-month price targets for Spectrum Brands' stock. Their SPB share price forecasts range from $68.00 to $109.00. On average, they expect the company's stock price to reach $87.00 in the next year. This suggests a possible upside of 122.9% 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 2022?: Spectrum Brands' stock was trading at $101.72 at the start of the year. Since then, SPB shares have decreased by 61.6% and is now trading at $39.03.
View the best growth stocks for 2022 here.
When is Spectrum Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, November 11th 2022.
View our SPB earnings forecast.
How were Spectrum Brands' earnings last quarter?: Spectrum Brands Holdings, Inc. (NYSE:SPB) released its earnings results on Friday, August, 12th. The company reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by $0.88. The firm earned $818 million during the quarter, compared to the consensus estimate of $917.88 million. Spectrum Brands had a net margin of 3.41% and a trailing twelve-month return on equity of 3.85%. Spectrum Brands's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the business earned $1.57 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, August 9th. Stockholders of record on Tuesday, August 30th will be given a dividend of $0.42 per share on Wednesday, September 28th. This represents a $1.68 annualized dividend and a dividend yield of 4.30%. The ex-dividend date of this dividend is Monday, August 29th.
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 4.26%. SPB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 65.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SPB will have a dividend payout ratio of 66.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SPB.
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).
What is Spectrum Brands' stock symbol?: Spectrum Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "SPB."
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Spectrum Brands' stock price today?: One share of SPB stock can currently be purchased for approximately $39.03.
How much money does Spectrum Brands make?: Spectrum Brands (NYSE:SPB) has a market capitalization of $1.59 billion and generates $3.00 billion in revenue each year. The company earns $189.60 million in net income (profit) each year or $2.55 on an earnings per share basis.
How many employees does Spectrum Brands have?: The company employs 12,100 workers across the globe.
How can I contact Spectrum Brands?: Spectrum Brands' mailing address is 3001 DEMING WAY, MIDDLETON WI, 53562. The official website for the company is www.spectrumbrands.com. The company can be reached via phone at (608) 275-3340 or via email at investorrelations@spectrumbrands.com.

This page (NYSE:SPB) was last updated on 10/3/2022 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Spectrum Brands - SPB Stock Forecast, Price & News

Spectrum Brands MarketRank™ Forecast

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

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Spectrum Brands (NYSE:SPB) Stock

SPB Stock News Headlines

SPB Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SPB Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™