Spectrum Brands Holdings (SPB) Earns News Impact Score of 0.21
Media stories about Spectrum Brands Holdings (NYSE:SPB) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Spectrum Brands Holdings earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.5587404739161 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
- Spectrum Brands Holdings, Inc. (SPB) Receives Consensus Recommendation of “Buy” from Analysts (americanbankingnews.com)
- Mosquito Repellent Market Worldwide Accounted for $5.00 Bn by 2022 (sbwire.com)
- Canaccord Genuity Reaffirms Buy Rating for Spectrum Brands Holdings, Inc. (SPB) (americanbankingnews.com)
- Spectrum Brands Holdings (SPB) vs. The Competition Head to Head Analysis (americanbankingnews.com)
Shares of Spectrum Brands Holdings (NYSE SPB) opened at 105.92 on Monday. The firm has a market capitalization of $6.15 billion, a P/E ratio of 21.69 and a beta of 0.68. The stock’s 50 day moving average is $108.18 and its 200-day moving average is $126.64. Spectrum Brands Holdings has a 52-week low of $102.27 and a 52-week high of $146.09.
Spectrum Brands Holdings (NYSE:SPB) last posted its quarterly earnings data on Thursday, July 27th. The company reported $1.71 earnings per share for the quarter, missing the consensus estimate of $1.92 by ($0.21). The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.38 billion. Spectrum Brands Holdings had a return on equity of 17.46% and a net margin of 5.87%. The business’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.73 EPS. On average, equities analysts forecast that Spectrum Brands Holdings will post $5.60 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 12th. Shareholders of record on Tuesday, August 15th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, August 11th. This represents a $1.68 annualized dividend and a yield of 1.59%. Spectrum Brands Holdings’s payout ratio is 34.29%.
A number of equities research analysts have weighed in on the company. Wells Fargo & Company reaffirmed a “buy” rating on shares of Spectrum Brands Holdings in a report on Thursday, July 27th. Jefferies Group LLC reissued a “buy” rating and set a $150.00 target price (down from $165.00) on shares of Spectrum Brands Holdings in a research note on Thursday, July 6th. Deutsche Bank AG reissued a “buy” rating and set a $131.00 target price (down from $149.00) on shares of Spectrum Brands Holdings in a research note on Monday, July 31st. Royal Bank Of Canada set a $155.00 price target on Spectrum Brands Holdings and gave the company a “buy” rating in a report on Friday, July 28th. Finally, Canaccord Genuity reissued a “buy” rating on shares of Spectrum Brands Holdings in a report on Thursday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $145.71.
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Spectrum Brands Holdings Company Profile
Spectrum Brands Holdings, Inc (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions.
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