The leading market experts have placed a mean price target of $142.33 on Spectrum Brands Holdings, Inc. (NYSE:SPB) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.12 a share for the upcoming quarter and $5.17 for the current fiscal.
The technical analysis of Spectrum Brands Holdings, Inc. plainly substantiates that the 50-day moving average of Spectrum Brands Holdings, Inc. is $127.66, and stock is trading $5.67 points away or +4.44% from its 50-day moving average of $127.66. Further it is trading $18.20 or +15.81% away its 200-day moving average of $115.13. Spectrum Brands Holdings, Inc. (NYSE:SPB) 52-week high is $135.18 and the 52-week low is $87.65.
This explains if the stock moves $-1.85, it will post a 52-week high. In event of +52.12% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Spectrum Brands Holdings, Inc. , shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Spectrum Brands Holdings, Inc. (NYSE:SPB) ratio came in at 27.09.
The stock last ended the trading session at $133.33 and registered a market cap of $7.92B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Spectrum Brands Holdings, Inc. (NYSE:SPB) PEG ratio is at 2.12.
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