Spectrum Brands Holdings Stock Today

SPB Stock  USD 88.91  0.65  0.74%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 26

 
100  
 
Zero
Below Average
Spectrum Brands is trading at 88.91 as of the 28th of March 2024, a 0.74 percent up since the beginning of the trading day. The stock's open price was 88.26. Spectrum Brands has about a 26 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Spectrum Brands Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Household & Personal Products
IPO Date
2nd of September 2009
Category
Consumer Defensive
Classification
Consumer Staples
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. Spectrum Brands Holdings, Inc. was incorporated in 2009 and is headquartered in Middleton, Wisconsin. Spectrum Brands operates under Diversified Wholesale And Retail classification in the United States and is traded on New York Stock Exchange.. The company has 30.27 M outstanding shares of which 2.35 M shares are at this time shorted by investors with about 6.12 days to cover. More on Spectrum Brands Holdings

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Spectrum Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Spectrum Brands' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Spectrum Brands or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Spectrum Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Spectrum Brands' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOAndreas Rouve
Thematic IdeaElectrical Equipment (View all Themes)
Old NameSouth Pacific Resources Limited
Business ConcentrationHousehold Products, Household & Personal Products, Consumer Defensive, NYSE Composite, SP TSX Composite, Electrical Equipment, Consumer Staples, Household Products, Household & Personal Products, Consumer Defensive (View all Sectors)
Excise Tax ActivitiesPesticides
Average Analyst Recommendation
Analysts covering Spectrum Brands report their recommendations after researching Spectrum Brands' financial statements, talking to executives and customers, or listening in on Spectrum Brands' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Spectrum Brands Holdings. The Spectrum consensus assessment is calculated by taking the average forecast from all of the analysts covering Spectrum Brands.
Financial Strength
Based on the key indicators related to Spectrum Brands' liquidity, profitability, solvency, and operating efficiency, Spectrum Brands Holdings is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Spectrum Brands Holdings is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.320.3733
Fairly Down
Slightly volatile
Gross Profit Margin0.150.163
Significantly Down
Slightly volatile
Net Debt1.2 BB
Fairly Up
Pretty Stable
Total Current Liabilities1.2 B879.5 M
Significantly Up
Very volatile
Non Current Liabilities Total2.2 B2.3 B
Notably Down
Slightly volatile
Total Assets7.2 BB
Fairly Up
Slightly volatile
Total Current Assets3.8 B3.4 B
Moderately Up
Slightly volatile
Spectrum Brands' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Spectrum Brands' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Spectrum Brands' financial leverage. It provides some insight into what part of Spectrum Brands' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Spectrum Brands' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Spectrum Brands deploys its capital and how much of that capital is borrowed.
Liquidity
Spectrum Brands cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 1.65 B in debt with debt to equity (D/E) ratio of 2.5, meaning that the company heavily relies on borrowing funds for operations. Spectrum Brands Holdings has a current ratio of 2.61, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Spectrum Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Spectrum Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Spectrum Brands Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Spectrum to invest in growth at high rates of return. When we think about Spectrum Brands' use of debt, we should always consider it together with cash and equity.

Change To Inventory

396.42 Million
Spectrum Brands Holdings (SPB) is traded on New York Stock Exchange in USA. It is located in 3001 Deming Way, Middleton, WI, United States, 53562 and employs 3,100 people. Spectrum Brands is listed under Household Products category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.69 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Spectrum Brands's market, we take the total number of its shares issued and multiply it by Spectrum Brands's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Spectrum Brands Holdings runs under Household Products sector within Consumer Staples industry. The entity has 30.27 M outstanding shares of which 2.35 M shares are at this time shorted by investors with about 6.12 days to cover. Spectrum Brands Holdings has about 243.7 M in cash with (409.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.07.
Check Spectrum Brands Probability Of Bankruptcy
Ownership Allocation
Spectrum Brands maintains a total of 30.27 Million outstanding shares. The majority of Spectrum Brands Holdings outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Spectrum Brands to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Spectrum Brands Holdings. Please pay attention to any change in the institutional holdings of Spectrum Brands Holdings as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Spectrum Ownership Details

Spectrum Stock Price Odds Analysis

What are Spectrum Brands' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Spectrum Brands jumping above the current price in 90 days from now is near 1%. The Spectrum Brands Holdings probability density function shows the probability of Spectrum Brands stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1022. This usually implies Spectrum Brands Holdings market returns are sensitive to returns on the market. As the market goes up or down, Spectrum Brands is expected to follow. Additionally, spectrum Brands Holdings has an alpha of 0.0203, implying that it can generate a 0.0203 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 88.91HorizonTargetOdds Above 88.91
99.01%90 days
 88.91 
0.97%
Based on a normal probability distribution, the odds of Spectrum Brands to move above the current price in 90 days from now is near 1 (This Spectrum Brands Holdings probability density function shows the probability of Spectrum Stock to fall within a particular range of prices over 90 days) .

Spectrum Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Spectrum Brands that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Spectrum Brands' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Spectrum Brands' value.
InstituionRecorded OnShares
Wellington Management Company Llp2023-12-31
551.3 K
Geode Capital Management, Llc2023-12-31
529.2 K
Bank Of New York Mellon Corp2023-12-31
522.6 K
Charles Schwab Investment Management Inc2023-12-31
489.8 K
Moerus Capital Management Llc2023-12-31
480.3 K
Morgan Stanley - Brokerage Accounts2023-12-31
456.3 K
Lsv Asset Management2023-12-31
441.5 K
William Blair Investment Management, Llc2023-12-31
394.6 K
Lord, Abbett & Co Llc2023-12-31
353.6 K
Vanguard Group Inc2023-12-31
3.7 M
Allspring Global Investments Holdings, Llc2023-12-31
M
View Spectrum Brands Diagnostics

Spectrum Brands Historical Income Statement

Spectrum Brands Holdings Income Statement is one of the three primary financial statements used for reporting Spectrum's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Spectrum Brands Holdings revenue and expense. Spectrum Brands Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Spectrum Brands' Depreciation And Amortization is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 3.5 B, whereas Interest Expense is forecasted to decline to about 126.8 M. View More Fundamentals

Spectrum Stock Against Markets

Picking the right benchmark for Spectrum Brands stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Spectrum Brands stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Spectrum Brands is critical whether you are bullish or bearish towards Spectrum Brands Holdings at a given time. Please also check how Spectrum Brands' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Spectrum Brands without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Spectrum Brands Corporate Directors

Spectrum Brands corporate directors refer to members of a Spectrum Brands board of directors. The board of directors generally takes responsibility for the Spectrum Brands' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Spectrum Brands' board members must vote for the resolution. The Spectrum Brands board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Kenneth AmbrechtIndependent DirectorProfile
Norman MatthewsIndependent DirectorProfile
Joseph SteinbergDirectorProfile
David HarrisIndependent DirectorProfile

How to buy Spectrum Stock?

Before investing in Spectrum Brands, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Spectrum Brands. To buy Spectrum Brands stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Spectrum Brands. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Spectrum Brands stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Spectrum Brands Holdings stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Spectrum Brands Holdings stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Spectrum Brands Holdings, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Spectrum Stock please use our How to Invest in Spectrum Brands guide.

Already Invested in Spectrum Brands Holdings?

The danger of trading Spectrum Brands Holdings is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Spectrum Brands is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Spectrum Brands. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Spectrum Brands Holdings is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Spectrum Brands Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Spectrum Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Spectrum Brands Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spectrum Brands Holdings Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spectrum Brands Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.
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Is Spectrum Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spectrum Brands. If investors know Spectrum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spectrum Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.263
Dividend Share
1.68
Earnings Share
(4.42)
Revenue Per Share
76.709
Quarterly Revenue Growth
(0.03)
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.