Spectrum Brands Holdings Stock Buy Hold or Sell Recommendation
| SPB Stock | USD 80.37 1.27 1.61% |
Considering the 90-day investment horizon and your conservative attitude towards risk, our recommendation regarding Spectrum Brands Holdings is 'Cautious Hold'. Macroaxis provides Spectrum Brands buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding SPB positions. The advice algorithm takes into account all of Spectrum Brands' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Spectrum Brands' buy or sell advice are summarized below:
Real Value 74.29 | Target Price 91.63 | Hype Value 79.15 | Market Value 80.37 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Spectrum Brands Holdings given historical horizon and risk tolerance towards Spectrum Brands. When Macroaxis issues a 'buy' or 'sell' recommendation for Spectrum Brands Holdings, the advice is generated through an automated system that utilizes algorithms and statistical models.
Spectrum |
Execute Spectrum Brands Buy or Sell Advice
The Spectrum recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Spectrum Brands Holdings. Macroaxis does not own or have any residual interests in Spectrum Brands Holdings or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Spectrum Brands' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Excited | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Spectrum Brands Trading Alerts and Improvement Suggestions
| Spectrum Brands Holdings has about 243.7 M in cash with (409.7 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.07. | |
| Spectrum Brands has a poor financial position based on the latest SEC disclosures | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 12th of March 2024 Spectrum Brands paid $ 0.42 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Arizona State Retirement System Lowers Position in Spectrum Brands Holdings, Inc. - Defense World |
Spectrum Brands Returns Distribution Density
The distribution of Spectrum Brands' historical returns is an attempt to chart the uncertainty of Spectrum Brands' future price movements. The chart of the probability distribution of Spectrum Brands daily returns describes the distribution of returns around its average expected value. We use Spectrum Brands Holdings price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Spectrum Brands returns is essential to provide solid investment advice for Spectrum Brands.
| Mean Return | 0.03 | Value At Risk | -2.43 | Potential Upside | 2.39 | Standard Deviation | 1.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Spectrum Brands historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Spectrum Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Spectrum Brands is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Spectrum Brands Holdings backward and forwards among themselves. Spectrum Brands' institutional investor refers to the entity that pools money to purchase Spectrum Brands' securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Wellington Management Company Llp | 2023-12-31 | 551.3 K | Geode Capital Management, Llc | 2023-12-31 | 529.2 K | Bank Of New York Mellon Corp | 2023-12-31 | 522.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 489.8 K | Moerus Capital Management Llc | 2023-12-31 | 480.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 456.3 K | Lsv Asset Management | 2023-12-31 | 441.5 K | William Blair Investment Management, Llc | 2023-12-31 | 394.6 K | Lord, Abbett & Co Llc | 2023-12-31 | 353.6 K | Vanguard Group Inc | 2023-12-31 | 3.7 M | Allspring Global Investments Holdings, Llc | 2023-12-31 | 2 M |
Spectrum Brands Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (5.9M) | (219.6M) | (153.7M) | 328.3M | 377.5M | 396.4M | |
| Change In Cash | (93.4M) | (343.7M) | 53.9M | 510M | 586.5M | 615.8M | |
| Free Cash Flow | 229.3M | 244.8M | (117.8M) | (468.7M) | (539.0M) | (512.1M) | |
| Depreciation | 148.5M | 117M | 99.3M | 91.2M | 104.9M | 86.8M | |
| Other Non Cash Items | 284.7M | 213.1M | 164.6M | (1M) | (1.2M) | (1.1M) | |
| Capital Expenditures | 61M | 43.6M | 64M | 59M | 67.9M | 36.7M | |
| Net Income | 28.5M | 15.3M | (77M) | 1.8B | 2.1B | 2.2B | |
| End Period Cash Flow | 533.7M | 190M | 243.9M | 753.9M | 867.0M | 910.3M | |
| Dividends Paid | 75.2M | 71.5M | 68.6M | 66.5M | 76.5M | 80.3M | |
| Investments | 176.1M | 73.1M | (359.8M) | 3.2B | 3.7B | 3.8B | |
| Net Borrowings | 153M | 7.8M | 727.3M | (1.6B) | (1.5B) | (1.4B) | |
| Change To Netincome | 76.3M | (18.2M) | (224.7M) | (2.4B) | (2.2B) | (2.0B) |
Spectrum Brands Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Spectrum Brands or Household Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Spectrum Brands' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Spectrum stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.04 | |
β | Beta against NYSE Composite | 1.14 | |
σ | Overall volatility | 1.68 | |
Ir | Information ratio | -0.02 |
Spectrum Brands Volatility Alert
Spectrum Brands Holdings has relatively low volatility with skewness of 1.32 and kurtosis of 5.95. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Spectrum Brands' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Spectrum Brands' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Spectrum Brands Fundamentals Vs Peers
Comparing Spectrum Brands' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Spectrum Brands' direct or indirect competition across all of the common fundamentals between Spectrum Brands and the related equities. This way, we can detect undervalued stocks with similar characteristics as Spectrum Brands or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Spectrum Brands' fundamental indicators could also be used in its relative valuation, which is a method of valuing Spectrum Brands by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Spectrum Brands to competition |
| Fundamentals | Spectrum Brands | Peer Average |
| Return On Equity | -0.0995 | -0.31 |
| Return On Asset | 0.0093 | -0.14 |
| Profit Margin | 0.64 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 2.78 B | 16.62 B |
| Shares Outstanding | 30.27 M | 571.82 M |
| Shares Owned By Insiders | 3.22 % | 10.09 % |
| Shares Owned By Institutions | 96.78 % | 39.21 % |
| Number Of Shares Shorted | 2.08 M | 4.71 M |
| Price To Earning | 10.60 X | 28.72 X |
| Price To Book | 1.05 X | 9.51 X |
| Price To Sales | 0.84 X | 11.42 X |
| Revenue | 2.92 B | 9.43 B |
| Gross Profit | 924.8 M | 27.38 B |
| EBITDA | 59.2 M | 3.9 B |
| Net Income | 1.8 B | 570.98 M |
| Cash And Equivalents | 243.7 M | 2.7 B |
| Cash Per Share | 6.07 X | 5.01 X |
| Total Debt | 1.65 B | 5.32 B |
| Debt To Equity | 2.50 % | 48.70 % |
| Current Ratio | 2.66 X | 2.16 X |
| Book Value Per Share | 67.67 X | 1.93 K |
| Cash Flow From Operations | (409.7 M) | 971.22 M |
| Short Ratio | 5.09 X | 4.00 X |
| Earnings Per Share | (4.42) X | 3.12 X |
| Price To Earnings To Growth | 2.02 X | 4.89 X |
| Target Price | 92.88 | |
| Number Of Employees | 3.1 K | 18.84 K |
| Beta | 1.18 | -0.15 |
| Market Capitalization | 2.39 B | 19.03 B |
| Total Asset | 5.26 B | 29.47 B |
| Retained Earnings | 2.1 B | 9.33 B |
| Working Capital | 2.16 B | 1.48 B |
Note: Acquisition by Jeremy Smeltser of 4481 shares of Spectrum Brands subject to Rule 16b-3 [view details]
Spectrum Brands Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Spectrum . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 4413.29 | |||
| Daily Balance Of Power | 0.784 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 79.6 | |||
| Day Typical Price | 79.86 | |||
| Price Action Indicator | 1.41 | |||
| Period Momentum Indicator | 1.27 |
About Spectrum Brands Buy or Sell Advice
When is the right time to buy or sell Spectrum Brands Holdings? Buying financial instruments such as Spectrum Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.2B | 1.7B | 1.9B | 1.7B | Total Assets | 5.8B | 5.3B | 6.0B | 7.2B |
Use Investing Ideas to Build Portfolios
In addition to having Spectrum Brands in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Food Products Thematic Idea Now
Food Products
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
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Check out Spectrum Brands Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Spectrum Brands' price analysis, check to measure Spectrum Brands' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Spectrum Brands is operating at the current time. Most of Spectrum Brands' value examination focuses on studying past and present price action to predict the probability of Spectrum Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Spectrum Brands' price. Additionally, you may evaluate how the addition of Spectrum Brands to your portfolios can decrease your overall portfolio volatility.
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Is Spectrum Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Spectrum Brands. If investors know Spectrum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Spectrum Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.263 | Dividend Share 1.68 | Earnings Share (4.42) | Revenue Per Share 76.709 | Quarterly Revenue Growth (0.03) |
The market value of Spectrum Brands Holdings is measured differently than its book value, which is the value of Spectrum that is recorded on the company's balance sheet. Investors also form their own opinion of Spectrum Brands' value that differs from its market value or its book value, called intrinsic value, which is Spectrum Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spectrum Brands' market value can be influenced by many factors that don't directly affect Spectrum Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spectrum Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Spectrum Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spectrum Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.