6 Analysts Assess Spectrum Brands Holdings: What You Need To Know


Throughout the last three months, 6 analysts have evaluated Spectrum Brands Holdings SPB, offering a diverse set of opinions from bullish to bearish.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 3 0 0
Last 30D 0 1 0 0 0
1M Ago 0 2 3 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 0 0 0

Analysts have recently evaluated Spectrum Brands Holdings and provided 12-month price targets. The average target is $103.5, accompanied by a high estimate of $115.00 and a low estimate of $91.00. This upward trend is apparent, with the current average reflecting a 11.29% increase from the previous average price target of $93.00.

Investigating Analyst Ratings: An Elaborate Study

The standing of Spectrum Brands Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Nik Modi RBC Capital Maintains Outperform $114.00 $114.00
Brian McNamara Canaccord Genuity Raises Hold $92.00 $86.00
Steve Powers Deutsche Bank Raises Hold $91.00 $85.00
Nik Modi RBC Capital Raises Outperform $114.00 $100.00
Chris Carey Wells Fargo Raises Equal-Weight $95.00 $85.00
Ian Zaffino Oppenheimer Raises Outperform $115.00 $88.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Spectrum Brands Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Spectrum Brands Holdings compared to the broader market.
  • Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Spectrum Brands Holdings's stock. This comparison reveals trends in analysts' expectations over time.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Spectrum Brands Holdings's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on Spectrum Brands Holdings analyst ratings.

Unveiling the Story Behind Spectrum Brands Holdings

Spectrum Brands Holdings Inc is consumer products and home essentials company. The company is a supplier of consumer batteries, residential locksets, residential builders' hardware, grooming products and personal care products. The company manages the businesses in product-focused segments; Home and Personal Care, global Pet Care, Home and Garden. The Company manufactures, markets and distributes its products globally in the North America, Europe, Middle East & Africa, Latin America, and Asia-Pacific.

Spectrum Brands Holdings's Financial Performance

Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.

Negative Revenue Trend: Examining Spectrum Brands Holdings's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -1.47% in revenue growth, reflecting a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Staples sector.

Net Margin: Spectrum Brands Holdings's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 8.5%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Spectrum Brands Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 2.68%, the company may face hurdles in achieving optimal financial returns.

Return on Assets (ROA): Spectrum Brands Holdings's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.27%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Spectrum Brands Holdings's debt-to-equity ratio is below the industry average. With a ratio of 0.66, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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