Spectrum Brands (SPB) Scheduled to Post Quarterly Earnings on Wednesday

Share on StockTwits

Spectrum Brands (NYSE:SPB) will be announcing its Q3 2019 earnings results before the market opens on Wednesday, August 7th. Analysts expect the company to announce earnings of $1.29 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Spectrum Brands (NYSE:SPB) last released its earnings results on Wednesday, May 8th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.12). Spectrum Brands had a return on equity of 6.03% and a net margin of 24.97%. The business had revenue of $906.70 million for the quarter, compared to the consensus estimate of $874.57 million. During the same quarter last year, the business posted $0.49 earnings per share. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, analysts expect Spectrum Brands to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

NYSE:SPB opened at $46.35 on Tuesday. Spectrum Brands has a twelve month low of $40.54 and a twelve month high of $92.72. The company has a market capitalization of $2.32 billion, a P/E ratio of 13.09, a price-to-earnings-growth ratio of 8.00 and a beta of 1.82. The stock’s fifty day simple moving average is $52.36. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.82 and a current ratio of 1.60.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Thursday, August 22nd will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, August 21st. This represents a $1.68 annualized dividend and a dividend yield of 3.62%. Spectrum Brands’s dividend payout ratio (DPR) is 47.46%.

Several analysts have recently weighed in on SPB shares. Royal Bank of Canada downgraded Spectrum Brands from an “outperform” rating to a “sector perform” rating in a research report on Friday, July 12th. Zacks Investment Research downgraded Spectrum Brands from a “buy” rating to a “hold” rating in a report on Wednesday, April 24th. Monness Crespi & Hardt restated a “buy” rating and issued a $77.00 price objective (up from $64.00) on shares of Spectrum Brands in a report on Thursday, May 9th. Deutsche Bank lifted their price objective on Spectrum Brands from $52.00 to $58.00 and gave the company a “hold” rating in a report on Monday, April 8th. Finally, Wells Fargo & Co restated a “hold” rating and issued a $62.00 price objective on shares of Spectrum Brands in a report on Wednesday, May 8th. Seven research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $57.39.

Spectrum Brands Company Profile

Spectrum Brands Holdings, Inc operates as a branded consumer products company worldwide. The company's Hardware & Home Improvement segment offers hardware products under the National Hardware, Stanley, and FANAL brands; locksets and door hardware under the Kwikset, Weiser, Baldwin, EZSET, and Tell brands; and plumbing products under the Pfister brand.

Featured Story: Equal Weight Rating

Earnings History for Spectrum Brands (NYSE:SPB)

Receive News & Ratings for Spectrum Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectrum Brands and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Increases Stake in Humana Inc
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in PepsiCo, Inc.
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Boosts Stake in Alibaba Group Holding Ltd
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Cuts Position in Nasdaq Inc
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
CSat Investment Advisory L.P. Sells 621 Shares of General Mills, Inc.
Line Corp  Shares Sold by CSat Investment Advisory L.P.
Line Corp Shares Sold by CSat Investment Advisory L.P.


© 2006-2019 Ticker Report