Market Summary
USD74.07+0.07
Market Closed0.09%
SPB Alerts
SPB Stock Price
SPB RSI Chart
SPB Valuation
SPB Price/Sales (Trailing)
SPB Profitability
SPB Fundamentals
SPB Revenue
SPB Earnings
Price Action
52 Week Range
38.6089.25
(Low)(High)
Last 7 days
2.7%
Last 30 days
16.2%
Last 90 days
16.1%
Trailing 12 Months
-15.7%
SPB Financial Health
SPB Investor Care
Peers (Alternatives to Spectrum Brands Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
PG | 357.9B | 81.0B | -5.94% | 0.62% | 25.07 | 4.46 | 1.70% | -1.88% |
CL | 63.2B | 18.3B | -0.61% | -1.25% | 35.42 | 3.52 | 4.93% | -21.82% |
KMB | 48.5B | 20.3B | -5.09% | 3.86% | 24.55 | 2.39 | 2.95% | 12.78% |
CHD | 22.9B | 311.6M | 2.14% | 5.32% | 55.51 | 73.52 | -94.06% | -49.12% |
CLX | 19.7B | 7.2B | -2.66% | 10.48% | 265.75 | 2.74 | 0.89% | -83.84% |
| MID-CAP | ||||||||
REYN | 5.7B | 3.8B | -1.42% | 1.15% | 25.53 | 1.48 | 5.51% | -26.16% |
ELF | 5.4B | 496.6M | 7.92% | 311.21% | 114.96 | 10.84 | 30.80% | 132.00% |
BRBR | 5.0B | 1.5B | 4.63% | 42.35% | 33.6 | 3.32 | 14.86% | 415.33% |
SPB | 3.0B | 3.1B | 16.15% | -15.70% | 71.28 | 0.98 | 2.30% | -66.19% |
WDFC | 2.6B | 509.2M | -0.57% | 4.59% | 43.25 | 5.08 | -1.39% | -11.39% |
ENR | 2.4B | 3.0B | 5.27% | 14.26% | -11.01 | 0.82 | -1.72% | -221.04% |
CENT | 1.9B | 3.3B | 0.99% | -18.37% | 17.03 | 0.59 | -3.90% | -25.54% |
| SMALL-CAP | ||||||||
REV | 214.9M | - | -40.09% | -62.17% | -0.3 | 0.1 | - | -56.86% |
OBCI | 123.9M | - | 1.09% | 20.23% | 25.41 | 1.95 | - | - |
Financials for Spectrum Brands Holdings
| Income Statement (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | -1.4% | 3,089 | 3,133 | 3,141 | 3,067 | 3,019 |
| Gross Profit | -1.8% | 973 | 990 | 1,009 | 996 | 1,001 |
| Operating Expenses | -2.2% | 946 | 967 | 1,006 | 1,002 | 954 |
| S&GA Expenses | -3.4% | 577 | 598 | 598 | 572 | 550 |
| R&D Expenses | -5.6% | 25.00 | 27.00 | 30.00 | 31.00 | 31.00 |
| EBITDA | -2.8% | -144 | -140 | -123 | -201 | - |
| EBITDA Margin | -4.3% | -0.05* | -0.04* | -0.07* | -0.05* | - |
| Earnings Before Taxes | -6.5% | -96.20 | -90.30 | -98.70 | -95.60 | -69.00 |
| EBT Margin | -8.0% | -0.03* | -0.03* | -0.08* | -0.05* | - |
| Interest Expenses | -11.8% | -111 | -99.40 | -92.60 | -87.00 | -115 |
| Net Income | -40.6% | 43.00 | 72.00 | 107 | 105 | 126 |
| Net Income Margin | -39.8% | 0.01* | 0.02* | 0.03* | 0.04* | - |
| Free Cahsflow | 179.1% | 93.00 | -117 | 78.00 | 110 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | -0.2% | 5,766 | 5,776 | 6,012 | 6,086 | 5,569 |
| Current Assets | -1.7% | 3,181 | 3,235 | 3,398 | 3,444 | 3,121 |
| Cash Equivalents | -6.4% | 228 | 244 | 248 | 194 | 205 |
| Inventory | -10.0% | 702 | 781 | 817 | 801 | 648 |
| Net PPE | - | 264 | - | - | - | - |
| Goodwill | 1.2% | 965 | 953 | 959 | 967 | 867 |
| Liabilities | 0.4% | 4,526 | 4,507 | 4,700 | 4,757 | 4,221 |
| Current Liabilities | -9.0% | 1,081 | 1,188 | 1,278 | 1,304 | 1,068 |
| LT Debt, Current | 1.6% | 13.00 | 12.00 | 12.00 | 12.00 | 12.00 |
| LT Debt, Non Current | 3.9% | 3,268 | 3,145 | 3,210 | 3,236 | 2,947 |
| Shareholder's Equity | -2.4% | 1,233 | 1,263 | 1,306 | 1,329 | 1,348 |
| Retained Earnings | -10.5% | 324 | 362 | 364 | 349 | 350 |
| Additional Paid-In Capital | -1.0% | 2,012 | 2,033 | 2,032 | 2,033 | 2,026 |
| Shares Outstanding | 0.2% | 41.00 | 41.00 | 41.00 | 41.00 | - |
| Minority Interest | 11.9% | 7.00 | 6.00 | 6.00 | 6.00 | 8.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 384.6% | 153 | -53.80 | 141 | 161 | 127 |
| Share Based Compensation | -21.6% | 8.00 | 10.00 | 19.00 | 27.00 | 28.00 |
| Cashflow From Investing | 1.5% | -354 | -359 | -358 | -689 | -361 |
| Cashflow From Financing | -51.9% | 234 | 488 | 348 | 437 | 222 |
| Dividend Payments | -0.3% | 68.00 | 69.00 | 69.00 | 70.00 | 71.00 |
| Buy Backs | -82.1% | 24.00 | 134 | 207 | 218 | 194 |
Risks for SPB
What is the probability of a big loss on SPB?
75%
Probability that Spectrum Brands Holdings stock will be more than 20% underwater in next one year
65%
Probability that Spectrum Brands Holdings stock will be more than 30% underwater in next one year.
60%
Probability that Spectrum Brands Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does SPB drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Spectrum Brands Holdings was unfortunately bought at previous high price.
Drawdowns
Returns for SPB
Cumulative Returns on SPB
4.1%
10-Year Cumulative Returns
-0.4%
7-Year Cumulative Returns
1.0%
5-Year Cumulative Returns
18.4%
3-Year Cumulative Returns
What are the long-term rolling returns for SPB?
FIve years rolling returns for Spectrum Brands Holdings.
Annualized Returns
Which funds bought or sold SPB recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-05-23 | ROYCE & ASSOCIATES LP | added | 40.26 | 1,325,710 | 3,852,610 | 0.04% |
2023-05-22 | AMERIPRISE FINANCIAL INC | reduced | -2.08 | 739,888 | 12,212,900 | -% |
2023-05-18 | NEW YORK STATE COMMON RETIREMENT FUND | added | 5.78 | 2,251,000 | 17,274,000 | 0.02% |
2023-05-18 | JPMORGAN CHASE & CO | reduced | -35.9 | -1,370,610 | 3,145,390 | -% |
2023-05-17 | Westside Investment Management, Inc. | unchanged | - | 663 | 663 | -% |
2023-05-17 | Advisory Services Network, LLC | reduced | -26.25 | -28,723 | 116,084 | -% |
2023-05-16 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | reduced | -94.03 | -4,764,940 | 330,769 | -% |
2023-05-16 | Ancora Advisors, LLC | added | 26.35 | 627,429 | 2,308,430 | 0.06% |
2023-05-16 | FourWorld Capital Management LLC | new | - | 662,200 | 662,200 | 0.41% |
2023-05-16 | Red Tortoise LLC | unchanged | - | 95.00 | 1,192 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
SPB Alerts
Spectrum Brands Holdings News
Schedule 13G FIlings of Spectrum Brands Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Apr 10, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 10.53% | 4,293,602 | SC 13G/A | |
| Feb 08, 2023 | american century investment management inc | 6.66% | 2,714,599 | SC 13G/A | |
| Jan 11, 2023 | allspring global investments holdings, llc | 4.99% | 2,034,730 | SC 13G/A | |
| Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
| Feb 04, 2022 | american century investment management inc | 5.21% | 2,144,372 | SC 13G | |
| Jan 18, 2022 | allspring global investments holdings, llc | 5.80% | 2,388,705 | SC 13G | |
| Feb 10, 2021 | vanguard group inc | 8.74% | 3,766,026 | SC 13G/A | |
| Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A |
SPB Fair Value
Spectrum Brands Holdings fair value in different scenarios
The table shows the Fair Value estimates for Spectrum Brands Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
| Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
|---|---|---|---|---|---|
| Very Low Inflation | 34.85 -52.95% | 51.67 -30.24% | 69.16 -6.63% | 83.18 12.30% | 124.33 67.85% |
| Current Inflation | 33.65 -54.57% | 49.15 -33.64% | 65.16 -12.03% | 77.94 5.22% | 111.71 50.82% |
| Very High Inflation | 32.05 -56.73% | 45.88 -38.06% | 60.05 -18.93% | 71.28 -3.77% | 96.66 30.50% |
Historical Spectrum Brands Holdings Fair Value Estimates
Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price
Recent SEC filings of Spectrum Brands Holdings
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| May 24, 2023 | 4 | Insider Trading | |
| May 12, 2023 | 8-K | Current Report | |
| May 12, 2023 | 10-Q | Quarterly Report | |
| May 08, 2023 | 8-K | Current Report | |
| Apr 10, 2023 | SC 13G/A | Major Ownership Report |
Latest Insider Trading transactions for SPB
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-05-23 | Maura David M | bought | 362,500 | 72.5 | 5,000 | executive chairman and ceo |
2023-05-22 | Maura David M | bought | 360,650 | 72.13 | 5,000 | executive chairman and ceo |
2022-12-31 | Long Rebeckah | back to issuer | - | - | -3,048 | senior compensation executive |
2022-12-31 | Lewis Randal D. | sold (taxes) | -189,218 | 60.92 | -3,106 | evp & coo |
2022-12-31 | Lewis Randal D. | back to issuer | - | - | -9,626 | evp & coo |
2022-12-02 | Lewis Randal D. | sold (taxes) | -928,986 | 66.68 | -13,932 | evp & coo |
2022-12-02 | Long Rebeckah | sold (taxes) | -147,830 | 66.68 | -2,217 | svp & chro |
2022-12-02 | Long Rebeckah | acquired | - | - | 4,964 | svp & chro |
2022-12-02 | Zargar Ehsan | sold (taxes) | -595,452 | 66.68 | -8,930 | evp, gc & corporate secretary |
2022-12-02 | Smeltser Jeremy W | sold (taxes) | -422,284 | 66.68 | -6,333 | evp & cfo |
Spectrum Brands Holdings, Inc. operates as a branded consumer products company worldwide. 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, Toastmaster, Juiceman, Farberware, and Breadman brands; and personal care products under the Remington and LumaBella brands. The Global Pet Care segment provides rawhide chewing, dog and cat clean-up and food, training, health and grooming, small animal food and care, and rawhide-free products under the 8IN1 (8-in-1), Dingo, Nature's Miracle, Wild Harvest, Littermaid, Jungle, Excel, FURminator, IAMS, Eukanuba, Healthy-Hide, DreamBone, SmartBones, ProSense, Perfect Coat, eCOTRITION, Birdola, Good Boy, Meowee!, Wildbird, and Wafcol brands. This segment also offers aquarium kits, stand-alone tanks, and aquatics equipment and consumables under the Tetra, Marineland, Whisper, Instant Ocean, GloFish, OmegaOne, and OmegaSea brands. The Home and Garden segment provides outdoor insect and weed control solutions, and animal repellents under the Spectracide, Garden Safe, Liquid Fence, and EcoLogic brands; household pest control solutions under the Hot Shot, Black Flag, Real-Kill, Ultra Kill, The Ant Trap, and Rid-A-Bug brand names; household surface cleaning, maintenance, and restoration products, including bottled liquids, mops, wipes, and markers under the Rejuvenate brand name; and personal-use pesticides and insect repellent products under the Cutter and Repel brands. The company sells its products through retailers, e-commerce and online retailers, wholesalers, and distributors. Spectrum Brands Holdings, Inc. was incorporated in 2009 and is headquartered in Middleton, Wisconsin.
SPB Income Statement
2023-04-02Condensed Consolidated Statements of Income - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Apr. 02, 2023 | Apr. 03, 2022 | Apr. 02, 2023 | Apr. 03, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 729.2 | $ 807.8 | $ 1,442.5 | $ 1,565.0 |
| Cost of goods sold | 514.7 | 552.2 | 1,026.1 | 1,090.1 |
| Gross profit | 214.5 | 255.6 | 416.4 | 474.9 |
| Selling | 133.1 | 149.8 | 264.4 | 296.1 |
| General and administrative | 86.2 | 105.7 | 170.8 | 195.0 |
| Research and development | 5.2 | 8.2 | 11.4 | 15.8 |
| Impairment of intangible assets | 67.0 | 0.0 | 67.0 | 0.0 |
| Total operating expenses | 291.5 | 263.7 | 513.6 | 506.9 |
| Operating loss | (77.0) | (8.1) | (97.2) | (32.0) |
| Interest expense | 31.6 | 24.7 | 65.0 | 46.4 |
| Other non-operating expense (income), net | 1.2 | (0.9) | (0.3) | (0.3) |
| Loss from continuing operations before income taxes | (109.8) | (31.9) | (161.9) | (78.1) |
| Income tax benefit | (34.8) | (6.8) | (46.9) | (22.8) |
| Net loss from continuing operations | (75.0) | (25.1) | (115.0) | (55.3) |
| Income from discontinued operations, net of tax | 21.4 | 41.1 | 40.9 | 79.9 |
| Net (loss) income | (53.6) | 16.0 | (74.1) | 24.6 |
| Net income from continuing operations attributable to non-controlling interest | 0.1 | 0.0 | 0.3 | 0.0 |
| Net income from discontinued operations attributable to non-controlling interest | 0.0 | 0.1 | 0.2 | 0.5 |
| Net (loss) income attributable to controlling interest | (53.7) | 15.9 | (74.6) | 24.1 |
| Amounts attributable to controlling interest | ||||
| Net loss from continuing operations attributable to controlling interest | (75.1) | (25.1) | (115.3) | (55.3) |
| Net income from discontinued operations attributable to controlling interest | 21.4 | 41.0 | 40.7 | 79.4 |
| Net (loss) income attributable to controlling interest | $ (53.7) | $ 15.9 | $ (74.6) | $ 24.1 |
| Earnings Per Share | ||||
| Basic earnings per share from continuing operations (in dollars per share) | $ (1.83) | $ (0.61) | $ (2.82) | $ (1.35) |
| Basic earnings per share from discontinued operations (in dollars per share) | 0.52 | 1.00 | 1.00 | 1.94 |
| Basic earnings per share (in dollars per share) | (1.31) | 0.39 | (1.82) | 0.59 |
| Diluted earnings per share from continuing operations (in dollars per share) | (1.83) | (0.61) | (2.82) | (1.35) |
| Diluted earnings per share from discontinued operations (in dollars per share) | 0.52 | 1.00 | 1.00 | 1.94 |
| Diluted earnings per share (in dollars per share) | (1.31) | 0.39 | (1.82) | 0.59 |
| Dividend per share (in dollars per share) | $ 0.42 | $ 0.42 | $ 0.84 | $ 0.84 |
| Weighted Average Shares Outstanding | ||||
| Basic (in shares) | 41.0 | 40.8 | 40.9 | 41.1 |
| Diluted (in shares) | 41.0 | 40.8 | 40.9 | 41.1 |
SPB Balance Sheet
2023-04-02Condensed Consolidated Statements of Financial Position - USD ($) $ in Millions | Apr. 02, 2023 | Sep. 30, 2022 |
|---|---|---|
| Assets | ||
| Cash and cash equivalents | $ 327.8 | $ 243.7 |
| Trade receivables, net | 305.5 | 247.4 |
| Other receivables | 101.3 | 95.7 |
| Inventories | 585.6 | 780.6 |
| Prepaid expenses and other current assets | 51.5 | 51.2 |
| Current assets of business held for sale | 1,799.6 | 1,816.7 |
| Total current assets | 3,171.3 | 3,235.3 |
| Property, plant and equipment, net | 268.7 | 263.8 |
| Operating lease assets | 129.7 | 82.5 |
| Deferred charges and other | 106.1 | 38.7 |
| Goodwill | 968.5 | 953.1 |
| Intangible assets, net | 1,140.7 | 1,202.2 |
| Total assets | 5,785.0 | 5,775.6 |
| Liabilities and Shareholders' Equity | ||
| Current portion of long-term debt | 13.1 | 12.3 |
| Accounts payable | 495.9 | 453.1 |
| Accrued wages and salaries | 28.1 | 28.4 |
| Accrued interest | 37.0 | 27.6 |
| Other current liabilities | 200.7 | 203.0 |
| Current liabilities of business held for sale | 401.8 | 463.7 |
| Total current liabilities | 1,176.6 | 1,188.1 |
| Long-term debt, net of current portion | 3,175.6 | 3,144.5 |
| Long-term operating lease liabilities | 104.9 | 56.0 |
| Deferred income taxes | 75.0 | 60.1 |
| Other long-term liabilities | 63.8 | 57.8 |
| Total liabilities | 4,595.9 | 4,506.5 |
| Commitments and contingencies (Note 16) | ||
| Shareholders' equity | ||
| Common stock | 0.5 | 0.5 |
| Additional paid-in capital | 2,016.2 | 2,032.5 |
| Accumulated earnings | 252.6 | 362.1 |
| Accumulated other comprehensive loss, net of tax | (272.9) | (303.1) |
| Treasury stock | (814.2) | (828.8) |
| Total shareholders' equity | 1,182.2 | 1,263.2 |
| Non-controlling interest | 6.9 | 5.9 |
| Total equity | 1,189.1 | 1,269.1 |
| Total liabilities and equity | $ 5,785.0 | $ 5,775.6 |