During the last session, Spectrum Brands Holdings Inc (NYSE:SPB)’s traded shares were 0.81 million, with the beta value of the company hitting 0.92. At the end of the trading day, the stock’s price was $52.10, reflecting an intraday gain of 0.17% or $0.09. The 52-week high for the SPB share is $96.62, that puts it down -85.45 from that peak though still a striking 1.88% gain since the share price plummeted to a 52-week low of $51.12. The company’s market capitalization is $1.30B, and the average intraday trading volume over the past 10 days was 0.74 million shares, and the average trade volume was 556.40K shares over the past three months.
Spectrum Brands Holdings Inc (SPB) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. SPB has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it.
Spectrum Brands Holdings Inc (NYSE:SPB) trade information
Spectrum Brands Holdings Inc (SPB) registered a 0.17% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 0.17% in intraday trading to $52.10, hitting a weekly high. The stock’s 5-day price performance is -4.05%, and it has moved by -18.59% in 30 days. Based on these gigs, the overall price performance for the year is -41.90%. The short interest in Spectrum Brands Holdings Inc (NYSE:SPB) is 2.36 million shares and it means that shorts have 4.05 day(s) to cover.
The consensus price target of analysts on Wall Street is $95, which implies an increase of 45.16% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $70 and $114 respectively. As a result, SPB is trading at a discount of -118.81% off the target high and -34.36% off the low.
While earnings are projected to return -3.18% in 2025, the next five years will return 8.41% per annum.
SPB Dividends
Spectrum Brands Holdings Inc is due to release its next quarterly earnings on 2025-May-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Spectrum Brands Holdings Inc is 1.83, with the dividend yield indicating at 3.51 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.29%.
Spectrum Brands Holdings Inc (NYSE:SPB)’s Major holders
Spectrum Brands Holdings Inc insiders own 3.90% of total outstanding shares while institutional holders control 104.28%, with the float percentage being 108.51%. VANGUARD GROUP INC is the largest shareholder of the company, while 398.0 institutions own stock in it. As of 2024-06-30, the company held over 3.0 million shares (or 10.3875% of all shares), a total value of $257.96 million in shares.
The next largest institutional holding, with 2.01 million shares, is of ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC’s that is approximately 6.9466% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $172.51 million.
