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.
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Industry, Sector and Symbol
Industry Miscellaneous electrical machinery, equipment, & supplies
Sub-IndustryHousehold Products
SectorConsumer Discretionary
Phone608-275-3340
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.15 billion
Profitability
Miscellaneous
Employees13,000
Next Earnings Date11/18/2019 (Estimated)
OptionableOptionable
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 given a dividend of $0.42 per share on Thursday, September 19th. This represents a $1.68 annualized dividend and a yield of 3.38%. 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 earnings results on Wednesday, August, 7th. The company reported $1.35 earnings per share for the quarter, topping analysts' consensus estimates 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%. Spectrum Brands's quarterly revenue was down .7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.76 EPS. View Spectrum Brands' Earnings History.
When is Spectrum Brands' next earnings date?
What price target have analysts set for SPB?
10 brokerages have issued 1-year target prices for Spectrum Brands' stock. Their forecasts range from $14.50 to $85.00. On average, they expect Spectrum Brands' share price to reach $54.1875 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price. 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?
News coverage about SPB stock has trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Spectrum Brands earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 trading volume of 394,400 shares, the days-to-cover ratio is presently 9.3 days. Approximately 8.6% of the shares of the company are sold short. View Spectrum Brands' Current Options Chain.
Who are some of Spectrum Brands' key competitors?
Some companies that are related to Spectrum Brands include CAE (CAE), Novanta (NOVT), Energizer (ENR), Integer (ITGR), Atkore International Group (ATKR), Ultralife (ULBI), Highpower International (HPJ), Arotech (ARTX), FuelCell Energy (FCEL), Flux Power (FLUX), Sono-Tek (SOTK), Polar Power (POLA), CBAK Energy Technology (CBAT), CBAK Energy Technology (CBAK) and Security Devices International (SDEV).
What other stocks do shareholders of Spectrum Brands own?
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 variety of of institutional and retail investors. Top institutional investors 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 purchased 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 $49.68.
How big of a company is Spectrum Brands?
Spectrum Brands has a market capitalization of $2.42 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?
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)
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.
