Currently, there are 27.30M common shares owned by the public and among those 25.19M shares have been available to trade.
The company’s stock has a 5-day price change of -0.12% and -17.63% over the past three months. SPB shares are trading -7.65% year to date (YTD), with the 12-month market performance down to -8.15% lower. It has a 12-month low price of $74.72 and touched a high of $96.74 over the same period. SPB has an average intraday trading volume of 430.97K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.97%, -8.57%, and -11.79% respectively.
Institutional ownership of Spectrum Brands Holdings Inc (NYSE: SPB) shares accounts for 98.25% of the company’s 27.30M shares outstanding.
It has a market capitalization of $2.05B and a beta (3y monthly) value of 1.18. The stock’s trailing 12-month PE ratio is 19.19, while the earnings-per-share (ttm) stands at $4.07. The company has a PEG of 1.07 and a Quick Ratio of 1.53 with the debt-to-equity ratio at 0.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.72% over the week and 2.49% over the month.
Earnings per share for the fiscal year are expected to increase by 29.83%, and 15.44% over the next financial year.
Looking at the support for the SPB, a number of firms have released research notes about the stock. Canaccord Genuity stated their Buy rating for the stock in a research note on February 07, 2025, with the firm’s price target at $94-$102. Monness Crespi & Hardt coverage for the Spectrum Brands Holdings Inc (SPB) stock in a research note released on May 10, 2024 offered a Buy rating with a price target of $106. Monness Crespi & Hardt was of a view on February 09, 2024 that the stock is Buy, while Canaccord Genuity gave the stock Hold rating on February 09, 2024, issuing a price target of $83- $86. Wells Fargo on their part issued Equal Weight rating on November 20, 2023.
