Spectrum Brands Holdings Inc (NYSE:SPB) shares, rose in value on Friday, May 09, with the stock price down by -3.49% to the previous day’s close as strong demand from buyers drove the stock to $61.86.
Actively observing the price movement in the last trading, the stock closed the session at $64.10. The PE ratio was 29.59 over 12-month period. Referring to stock’s 52-week performance, its high was $96.74, and the low was $56.50. On the whole, SPB has fluctuated by -3.24% over the past month.
With the market capitalization of Spectrum Brands Holdings Inc currently standing at about $1.63 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.78, with its dividend yield at 2.88%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.96B, with a low estimate of 782.9M and a high estimate of 819.98M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 801.68M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SPB’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.52, with the price of SPB currently trading nearly -0.29% and -7.61% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.20, while the 7-day volatility ratio is showing 5.97% which for the 30-day chart, stands at 3.81%. Furthermore, Spectrum Brands Holdings Inc (SPB)’s beta value is 0.97, and its average true range (ATR) is 2.64.
A comparison of Spectrum Brands Holdings Inc (SPB) with its peers suggests the former has fared considerably weaker in the market. SPB showed an intraday change of -3.49% in last session, and over the past year, it shrunk by -27.48%%.
Data on historical trading for Spectrum Brands Holdings Inc (NYSE:SPB) indicates that the trading volumes over the past 3 months, they’ve averaged 482.55K. According to company’s latest data on outstanding shares, there are 26.31 million shares outstanding.
Nearly 3.73% of Spectrum Brands Holdings Inc’s shares belong to company insiders and institutional investors own 96.02% of the company’s shares. The stock has fallen by -26.78% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SPB stock heading into the next quarter.
