Spectrum Brands (SPB) Scheduled to Post Earnings on Friday

Spectrum Brands (NYSE:SPB) will release 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Spectrum Brands Stock Down 1.1 %

Spectrum Brands stock opened at $93.70 on Thursday. The firm has a fifty day moving average price of $91.56 and a two-hundred day moving average price of $89.32. Spectrum Brands has a fifty-two week low of $65.27 and a fifty-two week high of $96.74. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.28 and a quick ratio of 1.61. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 26.47, a P/E/G ratio of 0.26 and a beta of 1.23.

Analysts Set New Price Targets

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