Is Spectrum Brands Stock a Good Investment?
Spectrum Brands Investment Advice | SPB |
- Examine Spectrum Brands' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Spectrum Brands' leadership team and their track record. Good management can help Spectrum Brands navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Household Products space and any emerging trends that could impact Spectrum Brands' business and its evolving consumer preferences.
- Compare Spectrum Brands' performance and market position to its competitors. Analyze how Spectrum Brands is positioned in terms of product offerings, innovation, and market share.
- Check if Spectrum Brands pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Spectrum Brands' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Spectrum Brands Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Spectrum Brands Holdings is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Spectrum Brands Stock
Researching Spectrum Brands' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.19. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Spectrum Brands Holdings has Price/Earnings To Growth (PEG) ratio of 2.02. The entity last dividend was issued on the 26th of November 2024. The firm had 162:1000 split on the 16th of July 2018.
To determine if Spectrum Brands is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Spectrum Brands' research are outlined below:
| Spectrum Brands generated a negative expected return over the last 90 days | |
| Spectrum Brands has a poor financial position based on the latest SEC disclosures | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Energizer Q3 Earnings Report Preview What To Look For |
Spectrum Brands Quarterly Cash And Short Term Investments |
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Spectrum Brands uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Spectrum Brands Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Spectrum Brands' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of November 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of September 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Spectrum Brands' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Spectrum Brands' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-08-07 | 2009-06-30 | -0.08 | -0.12 | -0.04 | 50 | ||
2009-11-04 | 2009-09-30 | -0.04 | -0.12 | -0.08 | 200 | ||
2023-05-12 | 2023-03-31 | -0.05 | -0.14 | -0.09 | 180 | ||
2022-11-18 | 2022-09-30 | 0.57 | 0.48 | -0.09 | 15 | ||
2019-05-08 | 2019-03-31 | 0.36 | 0.26 | -0.1 | 27 | ||
2015-02-04 | 2014-12-31 | 0.8 | 0.69 | -0.11 | 13 | ||
2020-01-30 | 2019-12-31 | 0.33 | 0.2 | -0.13 | 39 | ||
2016-02-02 | 2015-12-31 | 0.88 | 1.01 | 0.13 | 14 |
Know Spectrum Brands' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Spectrum Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spectrum Brands Holdings backward and forwards among themselves. Spectrum Brands' institutional investor refers to the entity that pools money to purchase Spectrum Brands' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 550 K | Armistice Capital, Llc | 2024-09-30 | 495 K | Wellington Management Company Llp | 2024-06-30 | 477 K | Charles Schwab Investment Management Inc | 2024-09-30 | 443.6 K | Geode Capital Management, Llc | 2024-09-30 | 440.6 K | Fuller & Thaler Asset Management Inc | 2024-09-30 | 432.1 K | Balyasny Asset Management Llc | 2024-09-30 | 428.8 K | Bank Of New York Mellon Corp | 2024-06-30 | 390.8 K | Fmr Inc | 2024-09-30 | 387.6 K | Vanguard Group Inc | 2024-09-30 | 2.9 M | Allspring Global Investments Holdings, Llc | 2024-06-30 | 2 M |
Spectrum Brands' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.54 B.Market Cap |
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Spectrum Brands' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | (0.09) | |
| Return On Capital Employed | 0.05 | (0.04) | |
| Return On Assets | 0.03 | (0.09) | |
| Return On Equity | 0.06 | (0.09) |
Determining Spectrum Brands' profitability involves analyzing its financial statements and using various financial metrics to determine if Spectrum Brands is a good buy. For example, gross profit margin measures Spectrum Brands' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Spectrum Brands' profitability and make more informed investment decisions.
Spectrum Brands' Earnings Breakdown by Geography
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. Please utilize our Beneish M Score to check the likelihood of Spectrum Brands' management manipulating its earnings.
Evaluate Spectrum Brands' management efficiency
Spectrum Brands Holdings has Return on Asset of 0.0154 % which means that on every $100 spent on assets, it made $0.0154 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0602 %, implying that it generated $0.0602 on every 100 dollars invested. Spectrum Brands' management efficiency ratios could be used to measure how well Spectrum Brands manages its routine affairs as well as how well it operates its assets and liabilities. As of November 25, 2024, Return On Tangible Assets is expected to decline to -0.09. In addition to that, Return On Capital Employed is expected to decline to -0.04. At present, Spectrum Brands' Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3.6 B, whereas Non Currrent Assets Other are forecasted to decline to about 37.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 70.68 | 47.17 | |
| Tangible Book Value Per Share | 9.45 | 47.17 | |
| Enterprise Value Over EBITDA | 9.73 | (1.38) | |
| Price Book Value Ratio | 1.35 | 0.92 | |
| Enterprise Value Multiple | 9.73 | (1.38) | |
| Price Fair Value | 1.35 | 0.92 | |
| Enterprise Value | 5.9 M | 5.6 M |
Effective leadership at Spectrum Brands drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Dividend Yield 0.02 | Forward Dividend Yield 0.02 | Forward Dividend Rate 1.88 | Beta 1.224 |
Basic technical analysis of Spectrum Stock
As of the 25th of November, Spectrum Brands has the Coefficient Of Variation of 8670.43, risk adjusted performance of 0.0134, and Semi Deviation of 1.56. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Spectrum Brands Holdings, as well as the relationship between them.Spectrum Brands' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Spectrum Brands insiders, such as employees or executives, is commonly permitted as long as it does not rely on Spectrum Brands' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Spectrum Brands insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Spectrum Brands' Outstanding Corporate Bonds
Spectrum Brands issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Spectrum Brands Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Spectrum bonds can be classified according to their maturity, which is the date when Spectrum Brands Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Spectrum Brands' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Spectrum Brands' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0134 | |||
| Market Risk Adjusted Performance | 0.023 | |||
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.56 | |||
| Downside Deviation | 1.59 | |||
| Coefficient Of Variation | 8670.43 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.97 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.013 | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.87 | |||
| Downside Variance | 2.53 | |||
| Semi Variance | 2.43 | |||
| Expected Short fall | (1.03) | |||
| Skewness | (1.13) | |||
| Kurtosis | 3.9 |
| Risk Adjusted Performance | 0.0134 | |||
| Market Risk Adjusted Performance | 0.023 | |||
| Mean Deviation | 1.05 | |||
| Semi Deviation | 1.56 | |||
| Downside Deviation | 1.59 | |||
| Coefficient Of Variation | 8670.43 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.97 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.013 | |||
| Maximum Drawdown | 8.89 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.87 | |||
| Downside Variance | 2.53 | |||
| Semi Variance | 2.43 | |||
| Expected Short fall | (1.03) | |||
| Skewness | (1.13) | |||
| Kurtosis | 3.9 |
Consider Spectrum Brands' intraday indicators
Spectrum Brands intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Spectrum Brands stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Spectrum Brands Corporate Filings
F4 | 21st of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 15th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 6th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Spectrum Stock media impact
Far too much social signal, news, headlines, and media speculation about Spectrum Brands that are available to investors today. That information is available publicly through Spectrum media outlets and privately through word of mouth or via Spectrum internal channels. However, regardless of the origin, that massive amount of Spectrum data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Spectrum Brands news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Spectrum Brands relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Spectrum Brands' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Spectrum Brands alpha.
Spectrum Brands Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Spectrum Brands can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Spectrum Brands Holdings Historical Investor Sentiment
Investor biases related to Spectrum Brands' public news can be used to forecast risks associated with an investment in Spectrum. The trend in average sentiment can be used to explain how an investor holding Spectrum can time the market purely based on public headlines and social activities around Spectrum Brands Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Spectrum Brands' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Spectrum Brands and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Spectrum Brands news discussions. The higher the estimate score, the more favorable the investor's outlook on Spectrum Brands.
Spectrum Brands Corporate Directors
| Kenneth Ambrecht | Independent Director | Profile | |
| Norman Matthews | Independent Director | Profile | |
| Sherianne James | Independent Director | Profile | |
| Hugh Rovit | Independent Director | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Household Products space 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 (0.99) | Earnings Share 3.26 | Revenue Per Share 90.951 | Quarterly Revenue Growth 0.06 | Return On Assets 0.0154 |
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.
In summary, please note that there is a difference between Spectrum Brands' value and its price, as these two are different measures arrived at by various 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.