Spectrum Brands Holdings Inc (SPB)’s latest performance is not what we had anticipated

On Friday, Spectrum Brands Holdings Inc (NYSE: SPB) was 0.13% up from the session before settling in for the closing price of $85.42. A 52-week range for SPB has been $75.50 – $96.74.

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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales slided by -3.50%. When this article was written, the company’s average yearly earnings per share was at 32.53%. With a float of $26.89 million, this company’s outstanding shares have now reached $28.10 million.

The extent of productivity of a business whose workforce counts for 3100 workers is very important to gauge. In terms of profitability, gross margin is 37.34%, operating margin of 5.76%, and the pretax margin is 5.52%.

Spectrum Brands Holdings Inc (SPB) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Spectrum Brands Holdings Inc stocks. The insider ownership of Spectrum Brands Holdings Inc is 4.14%, while institutional ownership is 93.79%.

Spectrum Brands Holdings Inc (SPB) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.53 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 32.53% per share during the next fiscal year.

Spectrum Brands Holdings Inc (NYSE: SPB) Trading Performance Indicators

You can see what Spectrum Brands Holdings Inc (SPB) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.62. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 20.23.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.78, a number that is poised to hit 0.93 in the next quarter and is forecasted to reach 6.18 in one year’s time.

Technical Analysis of Spectrum Brands Holdings Inc (SPB)

The latest stats from [Spectrum Brands Holdings Inc, SPB] show that its last 5-days average volume of 0.33 million was inferior to 0.34 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 84.24%. Additionally, its Average True Range was 1.64.

During the past 100 days, Spectrum Brands Holdings Inc’s (SPB) raw stochastic average was set at 23.41%, which indicates a significant decrease from 83.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.71% in the past 14 days, which was lower than the 21.05% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $89.01, while its 200-day Moving Average is $88.41. Now, the first resistance to watch is $86.02. This is followed by the second major resistance level at $86.51. The third major resistance level sits at $86.83. If the price goes on to break the first support level at $85.21, it is likely to go to the next support level at $84.89. Assuming the price breaks the second support level, the third support level stands at $84.40.

Spectrum Brands Holdings Inc (NYSE: SPB) Key Stats

There are 28,052K outstanding shares of the company, which has a market capitalization of 2.40 billion. As of now, sales total 2,964 M while income totals 124,800 K. Its latest quarter income was 773,800 K while its last quarter net income were 28,500 K.