Headlines about Spectrum Brands (NYSE:SPB) have trended somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Spectrum Brands earned a daily sentiment score of 0.24 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.0212646116542 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the headlines that may have effected Accern’s scoring:

Spectrum Brands (SPB) traded up $0.62 during trading hours on Thursday, reaching $120.62. 528,645 shares of the company traded hands, compared to its average volume of 692,731. Spectrum Brands has a 1-year low of $98.11 and a 1-year high of $146.09. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.44 and a quick ratio of 0.75. The company has a market capitalization of $6,950.00, a price-to-earnings ratio of 24.03, a P/E/G ratio of 1.79 and a beta of 0.76.

Spectrum Brands (NYSE:SPB) last issued its earnings results on Thursday, November 16th. The company reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by ($0.12). The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Spectrum Brands had a return on equity of 17.48% and a net margin of 5.91%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm posted $1.31 earnings per share. analysts anticipate that Spectrum Brands will post 6.16 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 19th. Shareholders of record on Tuesday, November 28th were issued a $0.42 dividend. The ex-dividend date of this dividend was Monday, November 27th. This represents a $1.68 annualized dividend and a yield of 1.39%. Spectrum Brands’s dividend payout ratio (DPR) is presently 33.47%.

A number of equities research analysts have recently weighed in on the stock. Jefferies Group reaffirmed a “buy” rating and set a $145.00 target price on shares of Spectrum Brands in a research note on Tuesday. Wells Fargo & Co lifted their target price on shares of Spectrum Brands from $125.00 to $132.00 and gave the company an “outperform” rating in a research note on Thursday, January 4th. Oppenheimer reaffirmed a “buy” rating and set a $167.00 target price on shares of Spectrum Brands in a research note on Monday, November 20th. BMO Capital Markets set a $132.00 target price on shares of Spectrum Brands and gave the company a “buy” rating in a research note on Friday, November 17th. Finally, Zacks Investment Research raised shares of Spectrum Brands from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 17th. One analyst has rated the stock with a sell rating, two have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $141.67.

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Spectrum Brands Company Profile

Spectrum Brands Holdings, Inc (SB Holdings) is a diversified global consumer products company. The Company manufactures, markets and/or distributes its products in approximately 160 countries in the North America (NA); Europe, the Middle East and Africa (EMEA); Latin America (LATAM), and Asia-Pacific (APAC) regions.

Insider Buying and Selling by Quarter for Spectrum Brands (NYSE:SPB)

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