|Bid||44.68 x 900|
|Ask||99.50 x 800|
|Day's Range||45.04 - 46.72|
|52 Week Range||45.04 - 118.46|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||2.18|
|Forward Dividend & Yield||1.68 (3.60%)|
|1y Target Est||N/A|
As we already know from media reports and hedge fund investor letters, many hedge funds lost money in October, blaming macroeconomic conditions and unpredictable events that hit several sectors, with healthcare among them. Nevertheless, most investors decided to stick to their bullish theses and their long-term focus allows us to profit from the recent declines. […]
U.S. battery maker Energizer Holdings gained EU antitrust approval on Tuesday for its $2-billion bid for Spectrum Brands' battery and portable lighting business after agreeing to sell a Spectrum unit in ...
Spectrum is selling yet another business unit to the battery giant -- and shareholders on both sides kind of hated that idea.
HRG Group Inc is a consumer products company that manufactures consumer batteries, small appliances, global pet supplies, home and garden control products, personal care products, hardware and home improvement products and global auto care. The dividend yield of Spectrum Brands Holdings Inc stocks is 0.84%. Warning! GuruFocus has detected 3 Warning Signs with SPB.
Short interest is moderate for SPB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 21.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is for those who would like to learn about Return On Read More...
Short interest is moderate for SPB with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on November 19.
Spectrum Brands (SPB) posts dismal fourth-quarter fiscal 2018 results. Further, management issues guidance for fiscal 2019.
This is down from the company’s earnings per share of 85 cents from its fiscal third quarter of 2017. It was also a blow to Spectrum Brands stock by missing Wall Street’s earnings per share estimate of $1.08 for the period. Net loss reported by Spectrum Brands for its fiscal fourth quarter of 2018 came in at $116.20 million.
Stocks that moved substantially or traded heavily Monday: Resolute Energy Corp., up $4.21 to $34.70 Cimarex agreed to buy the energy company for $35 a share in cash and stock. Colfax Corp., down $4.26 ...
The bleak report pulled down shares of household peers as well, with Energizer Holdings Inc. dropping as much as 5.9 percent and Inter Parfums Inc. falling as much as 3.5 percent. Oppenheimer analysts led by Ian Zaffino downgraded their rating on the stock to perform from outperform, citing the company’s operational challenges, its decision to end the sale process of appliances and uncertain outlook. ‘‘Overall, it was a troubled quarter,’’ said Zaffino in a note. ‘‘The company continues to face operational challenges and one-time issues across key business units.
Spectrum Brands Holdings Inc. shares plunged 17% in morning trade Monday, enough to pace all NYSE decliners, after the consumer products company reported fiscal fourth-quarter earnings that were well below expectations. The stock is currently trading at the lowest levels seen since August 2013. It is also on track to suffer the biggest one-day percentage decline since it plunged 27% on Dec. 13, 2012. Wells Fargo analyst Sam Reid reiterated his market perform rating on the stock after the "disappointing quarter" capped a "disappointing year," as operational issues "once again" weighed on performance. Reid said he applauds management for focusing on improving its balance sheet by cutting debt, but he said the company remains vulnerable to "transitory demand patterns," given its highly seasonal category mix and track record for supply chain hiccups. The company's brands include Black and Decker, Pfister and George Foreman. The stock has now shed 46% over the past three months, while the S&P 500 has lost 4.7%.
HRG (SPB) delivered earnings and revenue surprises of -30.09% and -2.44%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Middleton, Wisconsin-based company said it had a loss of $2.31. Earnings, adjusted for one-time gains and costs, were 79 cents per share. The results did not meet Wall Street ...
Spectrum Brands Holdings Inc. reported fiscal fourth-quarter earnings and sales that missed expectations and provided a downbeat fiscal 2019 outlook. Shares of the consumer products company, which brands include Black and Decker, Pfister and George Foreman, were still inactive premarket. The net loss for the quarter to Sept. 30 widened to $115.8 million, or $2.31 a share, from $26.2 million, or 81 cents a share, in the same period a year ago, primarily because of the write off of goodwill, merger costs, lower profit and higher distribution costs. Excluding non-recurring items, adjusted earnings per share came to 79 cents, well below the FactSet consensus of $1.08. Revenue was unchanged at $787.8 million, missing the FactSet consensus of $801.0 million, as declines in home and garden and pet supplies sales offset growth in hardware and home improvement and auto care. For fiscal 2019, the company expects "meaningful" sales growth from continuing operations, and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $560 million to $580 million. The FactSet consensus for adjusted EBITDA was $635.8 million. The stock has tumbled 34% over the past three months while the S&P 500 has lost 4%.
Moody's Investors Service ("Moody's") today placed the ratings for Energizer Holdings, Inc. ("Energizer") under review for downgrade. This follows Energizer's announced $1.25 billion largely debt financed acquisition of Spectrum Brands' auto care business.
A major hospital system based in North Carolina agreed to settle a Justice Department lawsuit, promising to change practices that antitrust enforcers alleged thwarted competition. The antitrust suit against Atrium Health focused on language in its agreements with health insurers that had restricted the insurers from creating plans that steered patients to rivals offering lower prices, according to the Justice Department. Atrium said it would stop enforcing such clauses and not seek them in future contracts in the Charlotte area, where it has a large market share.