Press coverage about Spectrum Brands (NYSE:SPB) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spectrum Brands earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.5507647282354 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of SPB opened at $97.86 on Friday. The stock has a market capitalization of $5,747.52, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.56 and a beta of 0.78. Spectrum Brands has a fifty-two week low of $89.36 and a fifty-two week high of $146.09. The company has a debt-to-equity ratio of 2.01, a quick ratio of 2.19 and a current ratio of 2.70.
Spectrum Brands (NYSE:SPB) last issued its earnings results on Thursday, February 8th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.26 by $0.12. The company had revenue of $646.50 million for the quarter, compared to the consensus estimate of $1.26 billion. Spectrum Brands had a return on equity of 14.51% and a net margin of 8.80%. The firm’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.21 EPS. sell-side analysts expect that Spectrum Brands will post 4.35 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 13th. Stockholders of record on Tuesday, February 20th were issued a $0.42 dividend. The ex-dividend date of this dividend was Friday, February 16th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.72%. Spectrum Brands’s dividend payout ratio is 30.77%.
Several analysts have issued reports on the company. KeyCorp set a $140.00 price objective on Spectrum Brands and gave the stock a “buy” rating in a report on Tuesday, January 16th. Wells Fargo restated a “buy” rating on shares of Spectrum Brands in a report on Tuesday, January 16th. Zacks Investment Research upgraded Spectrum Brands from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. Jefferies Group restated a “buy” rating and set a $145.00 price objective on shares of Spectrum Brands in a report on Tuesday, January 9th. Finally, UBS boosted their price objective on Spectrum Brands from $124.00 to $140.00 in a report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and ten have given a buy rating to the company’s stock. Spectrum Brands has an average rating of “Buy” and a consensus price target of $140.60.
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Spectrum Brands Company Profile
Spectrum Brands Holdings, Inc manufactures, markets, and distributes branded consumer products. Its Global Batteries & Appliances segment offers consumer batteries; personal care products, including electric shaving and grooming products, and hair care appliances and accessories; and small appliances, such as small kitchen and home appliances.
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