Spectrum Brands Holdings, Receives Positive Analyst Recommendation of ‘Moderate Buy’
November 8, 2023
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Spectrum Brands ($NYSE:SPB) Holdings, Inc. has recently received a positive analyst recommendation of “Moderate Buy”. This is based on the average recommendation of analysts in the field. SPECTRUM BRANDS is a global consumer products company specializing in the design, manufacture, marketing, and sale of a broad range of consumer products globally. It operates through five business segments: Home & Garden, Home Appliances, Pet Supplies, Batteries, and Global Auto Care. It has operations in the United States, Canada, Europe, Mexico, Australia, and various other countries and territories.
The company’s products include pet food and supplies, small kitchen appliances, personal care products, pest control products, lawn and garden care products, batteries and lighting products, automotive care products, and many other items. Spectrum Brands Holdings, Inc. has a long history of consistent growth and success due to its wide portfolio of products and commitment to innovation. This makes it an attractive investment option for investors looking for reliable returns.
Market Price
The recommendation was based on the stock’s performance of the day, which opened at $77.2 and closed at $77.8, up by 0.5% from its prior closing price of 77.4. This suggests that the stock is a good investment for potential buyers, and the analyst’s recommendation is likely to attract more investors to the company. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Spectrum Brands. More…
| Total Revenues | Net Income | Net Margin |
| 2.93k | 1.8k | -3.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Spectrum Brands. More…
| Operations | Investing | Financing |
| 188.9 | 4.26k | -1.76k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Spectrum Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.35k | 3.79k | 71.67 |
Key Ratios Snapshot
Some of the financial key ratios for Spectrum Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -8.2% | -59.6% | -7.1% |
| FCF Margin | ROE | ROA |
| 4.3% | -6.9% | -2.0% |
Analysis
At GoodWhale, we have analyzed the financials of SPECTRUM BRANDS and our Star Chart analysis indicates that the company is strong in its asset and dividend, medium in profitability and weak in growth. Based on this, we classify SPECTRUM BRANDS as a ‘cow’, which is a type of company that has a track record of paying out consistent and sustainable dividends. This would be attractive to investors looking for steady and reliable income streams, such as retirees seeking a reliable income stream for their retirement. In addition, SPECTRUM BRANDS has a high health score of 8/10 when it comes to its cashflows and debt. This means that it is capable of paying off debt and funding future operations. Therefore, investors who are looking for stable companies with strong cash flows and the ability to pay back their debts may be interested in SPECTRUM BRANDS as an investment opportunity. More…
Peers
Despite the intense competition, Spectrum Brands Holdings Inc has been able to remain a top player in the industry by focusing on innovation, customer service, and providing high-quality products at competitive prices.
– Godrej Consumer Products Ltd ($BSE:532424)
Godrej Consumer Products Ltd is a leading Indian fast-moving consumer goods company, headquartered in Mumbai. It manufactures and markets a wide range of products across food, personal care, and home care segments. The company has a market cap of 937.97B as of 2023, which is indicative of its strong performance in the market. Its Return on Equity (ROE), which is an indicator of how effectively the company uses its shareholders’ equity to generate profits, is 10.44%. This high ROE reflects the company’s ability to generate profits for its shareholders.
– Ontex Group NV ($OTCPK:ONXYY)
Ontex Group NV is a leading global hygiene company with over 20 years of experience in the hygiene and personal care market. It is headquartered in Belgium and serves markets in Europe, Africa, Latin America, the Middle East, and Asia Pacific. The company’s market cap as of 2023 stands at 593.34M, indicating a strong financial standing in the market. Its Return on Equity (ROE) is -7.25%, which is a measure of how efficient the company utilizes its assets to generate profits. Ontex Group NV is engaged in the production, distribution and marketing of products such as baby diapers, adult incontinence products, feminine care products, and wet wipes.
– Henkel AG & Co KGaA ($OTCPK:HENOY)
Henkel AG & Co KGaA is a multinational consumer goods company based in Düsseldorf, Germany. It specializes in the production of laundry detergents, beauty care products, and adhesives, among other products. As of 2023, the company’s market capitalization was 28.76 billion euros. This figure reflects the company’s success in increasing shareholder value over the past year. Henkel’s return on equity (ROE) was 4.84%, which indicates that the company is efficiently utilizing its assets to generate a return. Henkel’s strong financial performance is testament to its business model and commitment to innovation.
Summary
Spectrum Brands Holdings, Inc. (NYSE: SPB) recently received an average rating of “Moderate Buy” from analysts. Analysts believe the company’s portfolio of consumer goods, including pet supplies, home appliances, and personal care products, will continue to be successful as consumer demand for these products remains strong. Investors should take note of the favorable analyst recommendation and consider adding Spectrum Brands Holdings to their portfolios.
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