Spectrum Brands Holdings, Inc. (SPB)

NYSE: SPB · IEX Real-Time Price · USD
58.50
+1.00 (1.74%)
Mar 24, 2023, 4:00 PM EDT - Market closed
1.74%
Market Cap 2.40B
Revenue (ttm) 3.09B
Net Income (ttm) 42.50M
Shares Out 41.00M
EPS (ttm) 1.04
PE Ratio 56.25
Forward PE 29.85
Dividend $1.68 (2.87%)
Ex-Dividend Date Feb 17, 2023
Volume 567,791
Open 56.90
Previous Close 57.50
Day's Range 56.69 - 58.91
52-Week Range 38.93 - 93.19
Beta 1.40
Analysts Buy
Price Target 81.60 (+39.49%)
Earnings Date May 4, 2023

About SPB

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, smal... [Read more]

CEO David Maura
Employees 3,300
Stock Exchange NYSE
Ticker Symbol SPB
Full Company Profile

Financial Performance

In 2022, SPB's revenue was $3.13 billion, an increase of 4.48% compared to the previous year's $3.00 billion. Earnings were $71.60 million, a decrease of -62.24%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SPB stock is "Buy." The 12-month stock price forecast is $81.6, which is an increase of 39.49% from the latest price.

Price Target
$81.6
(39.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Spectrum Brands' (SPB) Strategic Efforts Aid Amid Currency Woes

Despite higher inventory and currency woes, Spectrum Brands (SPB) looks promising on cost-reduction efforts and gains from GPIP.

1 week ago - Zacks Investment Research

Spectrum Brands (SPB) Reports Q1 Loss, Misses Revenue Estimates

Spectrum (SPB) delivered earnings and revenue surprises of -128.57% and 7.92%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Spectrum Brands reports wider-than-expected loss and cuts full-year outlook, amid lower demand

Spectrum Brands Holdings Inc. SPB, -2.15% reported Friday a wider than-expected fiscal first-quarter loss and cut its full-year sales growth outlook, citing lower consumer demand and continued heavy i...

1 month ago - Market Watch

Spectrum Brands Holdings Reports Fiscal 2023 First Quarter Results

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driv...

1 month ago - Business Wire

Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.42 Per Share

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) announced that its Board of Directors today declared a quarterly dividend of $0.42 per share on the Common Stock of the Com...

1 month ago - Business Wire

Cost Inflation Likely to Ail Spectrum Brands' (SPB) Q1 Earnings

Spectrum Brands (SPB) is likely to have seen inflationary pressures, supply-chain issues and adverse currency impacts in Q1. The Global Productivity Improvement Plan and segmental strength bode well.

1 month ago - Zacks Investment Research

Earnings Preview: Spectrum Brands (SPB) Q1 Earnings Expected to Decline

Spectrum (SPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Spectrum Brands Holdings to Report Fiscal 2023 First Quarter Financial Results and Hold Conference Call and Webcast on February 10, 2023

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on dr...

2 months ago - Business Wire

Growth Endeavors to Aid Spectrum Brands (SPB) Amid Inflation

Despite inflation and supply-chain woes, Spectrum Brands (SPB) looks promising on robust demand, gains from GPIP, and strength in the Home & Personal Care segment. It is optimistic about fiscal 2023.

3 months ago - Zacks Investment Research

ASSA ABLOY sells Emtek and the Smart Residential business in the U.S. and Canada in furtherance of the proposed acquisition of the Hardware and Home Improvement division

STOCKHOLM , Dec. 2, 2022 A SSA ABLOY has entered into binding agreements with Fortune Brands Home & Security, Inc. (NYSE: FBHS) or ("Fortune Brands") for the sale of Emtek and the Smart Residential bu...

4 months ago - PRNewsWire

Spectrum Brands' Statement on ASSA ABLOY's Proposed Sale of its Emtek and Smart Residential Business in the U.S. and Canada

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB, “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on dr...

4 months ago - Business Wire

Spectrum Brands (SPB) Q4 Earnings and Sales Miss on Inflation

Spectrum Brands' (SPB) Q4 results are hurt by inflationary pressure, supply-chain disruptions and currency headwinds. However, pricing actions and cost-cutting efforts are upsides.

4 months ago - Zacks Investment Research

Spectrum Brands (SPB) Misses Q4 Earnings and Revenue Estimates

Spectrum (SPB) delivered earnings and revenue surprises of -53.85% and 4.42%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Spectrum Brands misses profit and sales expectations, provides downbeat outlook

Spectrum Brands Holdings Inc. SPB, -0.56% reported Friday fiscal fourth-quarter profit and sales that missed expectations and provided a downbeat outlook, citing headwinds including high cost inflatio...

4 months ago - Market Watch

Spectrum Brands Holdings Reports Fiscal 2022 Fourth Quarter

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB; “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on dr...

4 months ago - Business Wire

Spectrum Brands Q4 Preview: Triple-Digit Earnings Growth in Store?

Year-to-date, SPB shares have undergone adverse price action, down more than 50% and widely underperforming the S&P 500.

4 months ago - Zacks Investment Research

Spectrum Brands Holdings Declares New Record Date for Quarterly Common Stock Dividend of $0.42 Per Share

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB) announces new record date of November 28, 2022 for its previously announced quarterly dividend. The amount of the dividen...

4 months ago - Business Wire

Factors Likely to Influence Spectrum Brands' (SPB) Q4 Earnings

Spectrum Brands (SPB) is likely to have seen inflationary pressures, supply-chain issues and adverse currency impacts in Q4. The Global Productivity Improvement Plan and segment strength bode well.

4 months ago - Zacks Investment Research

Spectrum Brands (SPB) Earnings Expected to Grow: Should You Buy?

Spectrum (SPB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

ASSA ABLOY formally responds to the DOJ's complaint to block the acquisition of the Hardware and Home Improvement division

STOCKHOLM , Oct. 17, 2022 /PRNewswire/ -- Today, ASSA ABLOY formally filed its response to the U.S. Department of Justice´s ("DOJ") complaint to block the proposed acquisition of the Hardware and Home...

5 months ago - PRNewsWire

ASSA ABLOY statement on the U.S. Department of Justice´s opposition to the acquisition of the Hardware and Home Improvement ("HHI") division of Spectrum Brands

STOCKHOLM , Sept. 15, 2022 /PRNewswire/ -- The U.S. Department of Justice ("DOJ") has announced that it will seek to block ASSA ABLOY´s proposed acquisition of the HHI division of Spectrum Brands.

6 months ago - PRNewsWire

Spectrum Brands stock dives after DOJ sues to block HHI sale to Assa Abloy

Shares of Spectrum Brands Holdings Inc. SPB, -8.93% dove 8.6% in morning trading Thursday toward a two-year low, after the U.S. Department of Justice sued to block the branded consumer products compan...

6 months ago - Market Watch

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

MIDDLETON, Wis.--(BUSINESS WIRE)--Spectrum Brands Holdings, Inc. (NYSE: SPB, “Spectrum Brands” or the “Company”), a leading global branded consumer products and home essentials company focused on driv...

6 months ago - Business Wire