Spectrum Brands Holdings Inc (NYSE: SPB) on Tuesday, plunged -3.30% from the previous trading day, before settling in for the closing price of $60.92. Within the past 52 weeks, SPB’s price has moved between $58.42 and $96.74.
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A company in the Consumer Defensive sector has dropped its sales by -3.50% annually for the last half of the decade. The company achieved an average annual earnings per share of 29.41%. With a float of $25.33 million, this company’s outstanding shares have now reached $27.30 million.
In an organization with 3100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 37.67%, operating margin of 6.4%, and the pretax margin is 5.73%.
Spectrum Brands Holdings Inc (SPB) Insider and Institutional Ownership
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Spectrum Brands Holdings Inc is 3.73%, while institutional ownership is 98.57%.
Spectrum Brands Holdings Inc (SPB) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 29.41% 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 1.53 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 0.52. Likewise, its price to free cash flow for the trailing twelve months is 45.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.07, a number that is poised to hit 1.43 in the next quarter and is forecasted to reach 6.06 in one year’s time.
Technical Analysis of Spectrum Brands Holdings Inc (SPB)
Let’s dig in a bit further. During the last 5-days, its volume was 0.62 million. That was better than the volume of 0.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 10.32%. Additionally, its Average True Range was 2.53.
During the past 100 days, Spectrum Brands Holdings Inc’s (SPB) raw stochastic average was set at 2.53%, which indicates a significant decrease from 6.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.42% in the past 14 days, which was higher than the 30.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $74.86, while its 200-day Moving Average is $85.36. However, in the short run, Spectrum Brands Holdings Inc’s stock first resistance to watch stands at $61.84. Second resistance stands at $64.77. The third major resistance level sits at $66.72. If the price goes on to break the first support level at $56.96, it is likely to go to the next support level at $55.00. The third support level lies at $52.07 if the price breaches the second support level.
Spectrum Brands Holdings Inc (NYSE: SPB) Key Stats
Market capitalization of the company is 1.55 billion based on 26,314K outstanding shares. Right now, sales total 2,964 M and income totals 124,800 K. The company made 700,200 K in profit during its latest quarter, and 23,500 K in sales during its previous quarter.
