Spectrum Brands (SPB) to Release Quarterly Earnings on Friday

Spectrum Brands (NYSE:SPB) will be releasing its earnings data before the market opens on Friday, November 15th. Analysts expect Spectrum Brands to post earnings of $1.13 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Spectrum Brands Trading Up 0.4 %

Shares of SPB stock opened at $94.73 on Wednesday. The company has a current ratio of 2.28, a quick ratio of 1.61 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $2.66 billion, a price-to-earnings ratio of 26.65, a price-to-earnings-growth ratio of 0.26 and a beta of 1.23. Spectrum Brands has a 12-month low of $65.27 and a 12-month high of $96.74. The stock’s 50-day moving average price is $91.54 and its 200-day moving average price is $89.23.

Analyst Ratings Changes

A number of research firms have recently commented on SPB. Deutsche Bank Aktiengesellschaft increased their target price on Spectrum Brands from $91.00 to $94.00 and gave the company a “hold” rating in a research report on Friday, August 9th. Wells Fargo & Company lifted their price objective on shares of Spectrum Brands from $87.00 to $90.00 and gave the stock an “equal weight” rating in a research note on Friday, August 9th. Finally, UBS Group upped their target price on shares of Spectrum Brands from $111.00 to $120.00 and gave the company a “buy” rating in a research report on Friday, August 9th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $101.88.

About Spectrum Brands

Spectrum Brands Holdings, Inc operates as a branded consumer products and home essentials company in North America, Europe, the Middle East, Africa, and Asia-Pacific regions. It operates through three segments: Home and Personal Care; Global Pet Care; and Home and Garden. The Home and Personal Care segment provides home appliances under the Black & Decker, Russell Hobbs, George Foreman, PowerXL, Emeril Legasse, Copper Chef, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington brand.