Spectrum Brands Holdings Inc (NYSE: SPB) on Friday, plunged -6.01% from the previous trading day, before settling in for the closing price of $93.86. Within the past 52 weeks, SPB’s price has moved between $65.27 and $96.74.
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Consumer Defensive Sector giant saw their annual sales slid by -4.76% over the last five years. The company achieved an average annual earnings per share of 38.09%. With a float of $27.09 million, this company’s outstanding shares have now reached $28.10 million.
The firm has a total of 3100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 36.27%, operating margin of 5.62%, and the pretax margin is 6.03%.
Spectrum Brands Holdings Inc (SPB) Insider Activity
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Spectrum Brands Holdings Inc is 3.37%, while institutional ownership is 93.88%. The most recent insider transaction that took place on Nov 27 ’23, was worth 70,024. In this transaction EVP, GC & Corporate Secretary of this company bought 1,053 shares at a rate of $66.50, taking the stock ownership to the 145,415 shares. Before that another transaction happened on Nov 28 ’23, when Company’s Executive Chairman and CEO bought 20,000 for $67.03, making the entire transaction worth $1,340,600. This insider now owns 764,391 shares in total.
Spectrum Brands Holdings Inc (SPB) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 38.09% per share during the next fiscal year.
Spectrum Brands Holdings Inc (NYSE: SPB) Trading Performance Indicators
Spectrum Brands Holdings Inc (SPB) is currently performing well based on its current performance indicators. A quick ratio of 1.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78. Likewise, its price to free cash flow for the trailing twelve months is 19.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.78, a number that is poised to hit 0.94 in the next quarter and is forecasted to reach 5.78 in one year’s time.
Technical Analysis of Spectrum Brands Holdings Inc (SPB)
Analysing the last 5-days average volume posted by the [Spectrum Brands Holdings Inc, SPB], we can find that recorded value of 0.45 million was better than the volume posted last year of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 54.04%. Additionally, its Average True Range was 2.24.
During the past 100 days, Spectrum Brands Holdings Inc’s (SPB) raw stochastic average was set at 53.46%, which indicates a significant increase from 13.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.84% in the past 14 days, which was higher than the 27.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $91.49, while its 200-day Moving Average is $87.42. Now, the first resistance to watch is $90.59. This is followed by the second major resistance level at $92.97. The third major resistance level sits at $94.72. If the price goes on to break the first support level at $86.46, it is likely to go to the next support level at $84.71. Should the price break the second support level, the third support level stands at $82.33.
Spectrum Brands Holdings Inc (NYSE: SPB) Key Stats
Market capitalization of the company is 2.32 billion based on 28,031K outstanding shares. Right now, sales total 2,919 M and income totals 1,802 M. The company made 779,400 K in profit during its latest quarter, and 6,100 K in sales during its previous quarter.
