News articles about Spectrum Brands Holdings (NYSE:SPB) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Spectrum Brands Holdings earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.8931883029983 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:
- Reviewing Spectrum Brands Holdings (SPB) and Its Rivals (americanbankingnews.com)
- Jefferies Group LLC Reaffirms “Buy” Rating for Spectrum Brands Holdings, Inc. (SPB) (americanbankingnews.com)
- Spectrum Brands : Initiating Research Reports on Personal Products Equities — Edgewell Personal Care, Energizer, Herbalife, and Spectrum Brands (4-traders.com)
- Kwikset Releases its First Sleek, Modern Electronic Lock, Designed with Security in Mind (finance.yahoo.com)
- RUSSELL HOBBS® Debuts Line of Stylish and Solution-Focused Small Kitchen Appliances in the U.S. (finance.yahoo.com)
A number of equities research analysts recently commented on the stock. Jefferies Group LLC set a $143.00 price objective on shares of Spectrum Brands Holdings and gave the stock a “buy” rating in a report on Saturday, July 29th. Deutsche Bank AG restated a “buy” rating and set a $131.00 price objective (down from $149.00) on shares of Spectrum Brands Holdings in a report on Monday, July 31st. Wells Fargo & Company restated a “buy” rating on shares of Spectrum Brands Holdings in a report on Thursday, July 27th. Zacks Investment Research lowered shares of Spectrum Brands Holdings from a “hold” rating to a “sell” rating in a report on Saturday, July 8th. Finally, Oppenheimer Holdings, Inc. restated a “buy” rating and set a $167.00 price objective on shares of Spectrum Brands Holdings in a report on Wednesday, August 30th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and seven have issued a buy rating to the company. Spectrum Brands Holdings currently has an average rating of “Buy” and an average price target of $144.33.
Shares of Spectrum Brands Holdings (NYSE SPB) opened at 110.23 on Tuesday. The firm has a 50-day moving average of $105.29 and a 200 day moving average of $122.06. The firm has a market capitalization of $6.40 billion, a price-to-earnings ratio of 22.57 and a beta of 0.65. Spectrum Brands Holdings has a 52 week low of $101.93 and a 52 week high of $146.09.
Spectrum Brands Holdings (NYSE:SPB) last issued its earnings results on Thursday, July 27th. The company reported $1.71 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.92 by ($0.21). Spectrum Brands Holdings had a return on equity of 17.46% and a net margin of 5.87%. The business had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same period last year, the firm posted $1.73 EPS. Spectrum Brands Holdings’s quarterly revenue was down 4.2% compared to the same quarter last year. On average, equities analysts predict that Spectrum Brands Holdings will post $5.58 earnings per share for the current fiscal year.
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.
Receive News & Ratings for Spectrum Brands Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectrum Brands Holdings Inc. and related companies with our FREE daily email newsletter.