Analysts' ratings for Spectrum Brands Holdings SPB over the last quarter vary from bullish to bearish, as provided by 7 analysts.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 0 | 3 | 4 | 0 | 0 |
Last 30D | 0 | 0 | 1 | 0 | 0 |
1M Ago | 0 | 1 | 0 | 0 | 0 |
2M Ago | 0 | 2 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $101.57, with a high estimate of $115.00 and a low estimate of $90.00. This upward trend is apparent, with the current average reflecting a 9.38% increase from the previous average price target of $92.86.
Exploring Analyst Ratings: An In-Depth Overview
The analysis of recent analyst actions sheds light on the perception of Spectrum Brands Holdings by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Brian McNamara | Canaccord Genuity | Lowers | Hold | $90.00 | $92.00 |
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: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Spectrum Brands Holdings. This insight gives a snapshot of analysts' perspectives on 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 predict movements in price targets, offering estimates for Spectrum Brands Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Spectrum Brands Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Spectrum Brands Holdings analyst ratings.
Discovering Spectrum Brands Holdings: A Closer Look
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.
Financial Insights: Spectrum Brands Holdings
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Challenges: Spectrum Brands Holdings's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -1.47%. This indicates 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 is below industry averages, indicating potential 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 lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 1.27%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Spectrum Brands Holdings's debt-to-equity ratio is below the industry average at 0.66, reflecting a lower dependency on debt financing and a more conservative financial approach.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.