24-Apr-2024
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Business Wire (Mon, 22-Apr 6:30 AM ET)
Spectrum Brands Holdings Reports Fiscal 2024 First Quarter Results
Business Wire (Thu, 8-Feb 6:30 AM ET)
Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.42 Per Share
Business Wire (Tue, 6-Feb 5:00 PM ET)
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 trades on the NYSE stock market under the symbol SPB.
As of April 24, 2024, SPB stock price climbed to $81.19 with 222,202 million shares trading.
SPB has a beta of 0.40, meaning it tends to be less sensitive to market movements. SPB has a correlation of 0.03 to the broad based SPY ETF.
SPB has a market cap of $2.46 billion. This is considered a Mid Cap stock.
Last quarter Spectrum Brands Holdings reported $692 million in Revenue and $.78 earnings per share. This beat revenue expectation by $18 million and exceeded earnings estimates by $.35.
In the last 3 years, SPB stock traded as high as $107.22 and as low as $38.93.
The top ETF exchange traded funds that SPB belongs to (by Net Assets): VTI, VB, VBR, VXF, FNDA.
SPB stock has underperformed the market in the last year with a return of +22.7%, while SPY returned +24.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in SPB shares. However, SPB has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and -0.3%, while SPY returned +4.5% and -1.7%, respectively. This indicates SPB has been having a stronger performance recently.
SPB support price is $79.32 and resistance is $81.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPB stock will trade within this expected range on the day.