Spectrum Brands Holdings Inc. (NYSE: SPB) kicked off on November 20, 2023, at the price of $67.41, down -2.48% from the previous trading day. During the day, the shares moved up to $68.24 and dropped to $65.6701 before settling in for the closing price of $67.82. Over the past 52 weeks, SPB has traded in a range of $45.00-$85.25.
Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Defensive sector was -3.84%. While this was happening, its average annual earnings per share was recorded 156.23%. With a float of $34.65 million, this company’s outstanding shares have now reached $40.80 million.
Considering the fact that the conglomerate employs 11000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +31.67, operating margin of +0.85, and the pretax margin is -9.94.
Spectrum Brands Holdings Inc. (SPB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Household & Personal Products Industry. The insider ownership of Spectrum Brands Holdings Inc. is 2.87%, while institutional ownership is 100.95%. The most recent insider transaction that took place on Aug 29, was worth 414,450. In this transaction Executive Chairman and CEO of this company bought 5,000 shares at a rate of $82.89, taking the stock ownership to the 693,816 shares. Before that another transaction happened on Aug 29, when Company’s EVP, GC & Corporate Secretary bought 843 for $82.98, making the entire transaction worth $69,952. This insider now owns 117,335 shares in total.
Spectrum Brands Holdings Inc. (SPB) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $1.36 earnings per share (EPS), higher than consensus estimate (set at $1.03) by $0.33. This company achieved a net margin of -8.02 while generating a return on equity of -12.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 156.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.20% during the next five years compared to 17.04% growth over the previous five years of trading.
Spectrum Brands Holdings Inc. (NYSE: SPB) Trading Performance Indicators
Take a look at Spectrum Brands Holdings Inc.’s (SPB) current performance indicators. Last quarter, stock had a quick ratio of 3.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 44.72, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 4.57 in one year’s time.
Technical Analysis of Spectrum Brands Holdings Inc. (SPB)
Compared to the last year’s volume of 0.68 million, its volume of 1.49 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 16.97%. Additionally, its Average True Range was 2.04.
During the past 100 days, Spectrum Brands Holdings Inc.’s (SPB) raw stochastic average was set at 2.40%, which indicates a significant decrease from 3.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.70% in the past 14 days, which was higher than the 25.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $76.78, while its 200-day Moving Average is $72.79. Nevertheless, the first resistance level for the watch stands at $67.70 in the near term. At $69.25, the stock is likely to face the second major resistance level. The third major resistance level sits at $70.27. If the price goes on to break the first support level at $65.13, it is likely to go to the next support level at $64.11. Now, if the price goes above the second support level, the third support stands at $62.56.
Spectrum Brands Holdings Inc. (NYSE: SPB) Key Stats
The company with the Market Capitalisation of 2.36 billion has total of 35,674K Shares Outstanding. Its annual sales at the moment are 3,133 M in contrast with the sum of 72,500 K annual income. Company’s last quarter sales were recorded 735,500 K and last quarter income was 1,859 M.