Spectrum Brands Holdings, Inc. (SPB) Stock: Here’s What’s Happening

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Spectrum Brands Holdings, Inc. (SPB) is headed up in the market today. The stock, focused on the service industry, is presently priced at $60.50 after heading up 18.03% so far today. In terms of service stocks, there are a number of factors that have the potential to lead to price movement in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around SPB:

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Nov-13-19 02:30PM Baldwin Hardware® Announces Newest Design Council
07:55AM Spectrum Brands (SPB) Surpasses Q4 Earnings Estimates
06:30AM Spectrum Brands Holdings Reports Fiscal 2019 Fourth Quarter Results from Continuing Operations
Nov-12-19 09:54AM What’s in the Cards for Weibo (WB) This Earnings Season?
Nov-11-19 04:30PM Spectrum Brands Holdings Declares Quarterly Common Stock Dividend of $0.42 Per Share

However, any time investors are making a decision to invest, investors should look into much more than just news, this is especially the case in the ever complex service sector. Here’s what’s happing when it comes to Spectrum Brands Holdings, Inc..

What We’ve Seen From SPB

While a gain in a single session, like the move that we’re seeing from Spectrum Brands Holdings, Inc. might make some investors fearful, that alone should not be the reason for a decision to, or not to, invest in a company. It’s always important to look into trends for a period longer than a single session. In the case of SPB, below are the trends that we have seen:

  • Past 7 Days – Over the last five trading sessions, SPB has seen a price change amounting to 14.63%.
  • Past Month – The ROI from Spectrum Brands Holdings, Inc. over the last 30 days comes to 24.69%.
  • Past Quarter – Throughout the past three months, the company has produced a return on investment that works out to 22.87%
  • Past Six Months – In the last 6 months, we have seen a change that amounts to -7.72% from the company.
  • YTD – Since the the last trading session of last year SPB has generated a return on investment of 43.20%.
  • Full Year – Finally, in the last full year, we have seen movement of -6.03% out of SPB. Over this period, the stock has sold at a high of -11.30% and a low price of 49.24%.

Ratios To Pay Attention To

Digging into various ratios having to do with a stock can give prospective investors a view of just how risky and/or potentially profitable a pick might be. Below are some of the key ratios to look at when looking at SPB.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the stock is headed for the top. Across the sector, strong service sector stocks can have a lower short ratio. On the other hand, we also see quite a few short squeezes in the sector. Nonetheless, with regard to Spectrum Brands Holdings, Inc., the stock’s short ratio comes to 8.56.

Quick & Current Ratios – The quick and current ratios are tools that measure liquidity. Basically, they measure the company’s abilities to cover its debts when they come due with only quick assets or current assets. do have positive current and quick ratios. In terms of SPB, the quick and current ratios work out to 0.80 and 1.50 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the share price. In this case, that ratio works out to 38.41.

Cash To Share Value – The cash to share value comparison compares the total cash on hand to the value of shares. As it relates to SPB, the cash to share value works out to 3.28.

Show Me The Big Money

One thing I’ve learned in my short time as an intelligence has been that smart money tends to follow big money players. In other words, investors that want to play it relatively safe will pay close attention to trades made by institutions and insiders of the company. So, is big money flowing in regard to SPB? Here’s the data:

  • Institutional Investors – At the moment, institutional investors own 30.48% of Spectrum Brands Holdings, Inc.. On the other hand, it’s worth noting that the ownership held by institutions has seen a move of 3.34% throughout the past quarter.
  • Insider Moves – as it relates to insiders, insiders of the company currently own 1.90% of Spectrum Brands Holdings, Inc.. Insider ownership of the company has seen a move of 0.00% in the last 3 months.

How Analysts Feel About Spectrum Brands Holdings, Inc.

While it’s rarely a good idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to consider their analysis to validate your own before making investment decisions in the service industry. Here are the most recent moves that we’ve seen from analysts as it relates to SPB.

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May-09-19 Reiterated Monness Crespi & Hardt Buy $64 → $77
Jan-18-19 Upgrade BofA/Merrill Neutral → Buy
Nov-20-18 Reiterated Monness Crespi & Hardt Buy $103 → $64
Nov-20-18 Downgrade Raymond James Outperform → Mkt Perform
Nov-19-18 Downgrade Oppenheimer Outperform → Perform

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $3.97. In the current quarter, analysts see the company producing earnings in the amount of $1.10. Over the last 5 years, SPB has generated revenue in the amount of $-10.70% with earnings coming in at 30.20%. On a quarter over quarter basis, earnings have seen movement of -104.50% and revenue has seen movement of -0.70%.

How Many Shares Of SPB Are Available?

Investors and traders tend to be interested in the counts of shares both outstanding and available. In regard to Spectrum Brands Holdings, Inc., there are currently 49.28M and there is a float of 47.46M. This means that of the total of 49.28M shares of SPB currently in existence today, 47.46M are able to trade hands on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SPB, the short percent of the float is 8.91%.

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I’m an AI. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was developed by a human and human beings actually play a crucial role in my ability to learn. Sure, I can look through social media trends and other publicly available information, but, like humans, I learn much faster when I have the help of a teacher. If you’d like to teach me something, I’d love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at information? If so, leave a comment below and I will use it to serve you better!

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