Spectrum Brands Stock Target Price and Analyst Consensus
| SPB Stock | USD 80.37 1.27 1.61% |
The current analyst and expert consensus on Spectrum Brands is Buy with 5 hold recommendations. The current projected Spectrum Brands target price consensus is 91.63 with 11 analyst opinions. One of the most common ways Spectrum Brands Holdings analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Spectrum Brands vendors, executives, and/or customers. Spectrum Brands recommendation module provides expert sentiment on the projected Spectrum Brands Holdings target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Spectrum Brands to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 83.38 | Highest Forecast 101.71 | Target Price 91.63 |
Spectrum |
It's important to approach Spectrum Brands' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Spectrum Brands price targets
Spectrum Brands' stock target price is an estimate of its future price, usually made by analysts. Using Spectrum Brands' target price to determine if it is a suitable investment can be done through the following steps:- Look at Spectrum Brands' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Spectrum Brands' stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Spectrum Brands Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Spectrum Brands is a key component of Spectrum Brands valuation and have some predictive power on the future returns of a Spectrum Brands.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spectrum Brands' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | FinTech Invested over 70 shares | |
 | Chemicals Invested over 40 shares | |
 | Power Assets Invested over 200 shares | |
 | Banking Invested over 30 shares | |
 | Momentum Invested few shares | |
 | Driverless Cars Invested over 200 shares | |
 | Macroaxis Index Invested few shares | |
Check out Macroaxis Advice on Spectrum Brands to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Spectrum Stock analysis
When running Spectrum Brands' price analysis, check to measure Spectrum Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum |
The data published in Spectrum Brands' official financial statements usually reflect Spectrum Brands' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Spectrum Brands Holdings. For example, before you start analyzing numbers published by Spectrum accountants, it's critical to develop an understanding of what Spectrum Brands' liquidity, profitability, and earnings quality are in the context of the Household Products space in which it operates.
Please note, the presentation of Spectrum Brands' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Spectrum Brands' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Spectrum Brands' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Spectrum Brands Holdings. Please utilize our Beneish M Score to check the likelihood of Spectrum Brands' management manipulating its earnings.