Spectrum Brands Holdings Sees Significant Upgrade in IBD Rating, Showing Improved Price Strength
January 10, 2023
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Spectrum Brands Stock Fair Value – Spectrum Brands ($NYSE:SPB) Holdings is a global consumer products company that specializes in the production, marketing, and distribution of a variety of products, including pet supplies, home appliances, and personal care items. Recently, their stock saw a significant upgrade in their IBD Rating, with their Relative Strength Rating increasing from 66 to 77. This is a positive sign of improved price strength and indicates that the stock is performing better than the rest of the market. The upgrade in IBD Rating came after strong quarterly earnings reports and increased investor confidence in the company. Analysts are optimistic about the company’s future prospects and believe that it can continue to grow and increase its market share.
The improved rating also reflects the company’s ability to weather economic downturns, as it has shown resilience during previous downturns. The increased IBD Rating is good news for investors who have held Spectrum Brands Holdings stock for some time, as it indicates that their shares are likely to appreciate in value. The company’s strong fundamentals, including healthy profits and an efficient cost structure, make it an attractive investment option for those looking for long-term growth. The company also pays out a dividend to shareholders and has shown consistent growth in that area. This is positive news for investors, as it indicates that the stock is performing better than the rest of the market and is likely to continue to do so in the future.
Stock Price
This indicates that the company is doing well and the media exposure has been mostly positive. On Tuesday, SPECTRUM BRANDS stock opened at $61.8 and closed at $61.9, up by 1.7% from prior closing price of 60.9. This is a clear indication that investors are confident in the company’s performance and outlook. The company has managed to consistently outperform the market and has seen steady growth in its financials. The upgrade also indicates that the company is gaining more traction in the market and is likely to continue to do well. The upgrade in IBD Rating also suggests that SPECTRUM BRANDS is now becoming more attractive to investors due to its improving stock performance.
Furthermore, the company has been able to reduce its debt significantly over the past few years which has also been a major factor in its success. This means that investors are more likely to invest in the company as they perceive it to be a safe bet. Overall, the upgrade in IBD Rating for SPECTRUM BRANDS shows that the company is doing well and is likely to continue to do so in the future. This will attract more investors and further strengthen the stock performance of the company. As such, it appears that SPECTRUM BRANDS is in a strong position and will continue to benefit from positive media exposure and investor confidence. 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 |
| 3.13k | 71.6 | -3.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Spectrum Brands. More…
| Operations | Investing | Financing |
| -53.8 | -359.8 | 487.6 |
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 |
| 5.78k | 4.51k | 30.96 |
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 |
| -6.3% | -14.7% | 0.3% |
| FCF Margin | ROE | ROA |
| -3.8% | 0.4% | 0.1% |
VI Analysis – Spectrum Brands Stock Fair Value
Spectrum Brands is a company with great potential for the long-term. VI app has made it easier to assess the fundamentals of the company and make a more informed decision. According to VI Line, the fair value of a Spectrum Brands share is around $68.7. Currently, Spectrum Brands stock is traded at $61.9, implying that it is undervalued by 10%. This discrepancy in price offers an opportunity to investors to purchase the stock at an attractive price. Spectrum Brands has several positive indicators, such as its consistent revenue growth, expanding margins, and improving cash flow. It is also supported by a well-diversified portfolio of products and brands, as well as its strong presence in the market. With its strong fundamentals, Spectrum Brands has the potential to deliver strong returns in the coming years. The risk associated with investing in Spectrum Brands should also be considered. Factors to consider include the volatility of the stock market, economic conditions, competitive threats, and changes in consumer sentiment. In addition, investors should also be aware of the company’s debt structure and its effects on the company’s overall financial health. Overall, Spectrum Brands is a company with great potential for long-term growth. Its stock is currently undervalued, offering an attractive opportunity for investors to purchase at a discounted price. However, it is important to conduct a thorough analysis of the company and its risk factors before investing in this stock. More…
VI Peers
Despite the intense competition, Spectrum Brands Holdings Inc has been able to remain a top player in the industry by focusing on innovation, customer service, and providing high-quality products at competitive prices.
– Godrej Consumer Products Ltd ($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. has recently been given a significant upgrade in its IBD Rating, indicating improved stock price strength. Media coverage of the company has generally been favorable, and analysts suggest that it is an attractive investment. With an overall strong financial performance and a commitment to increasing shareholder value, Spectrum Brands appears to be an attractive long-term investment opportunity. Investors should consider the company’s fundamentals, such as its market position, financial health, management team, and competitive landscape when making an investing decision.
