How to Buy Spectrum Brands Holdings Stock
Spectrum Brands Holdings Inc
Spectrum Brands Holdings is a household & personal product company located in Wisconsin, United States, which is part of the Consumer Defensive sector, and is traded under the ticker SPB on the NYSE exchange.
Spectrum Brands Holdings stock last closed at $80.33, down 1.06% from the previous day, and has increased 22.55% in one year. It has overperformed other stocks in the Household & Personal Products industry by 0.28 percentage points. Spectrum Brands Holdings stock is currently +25.44% from its 52-week low of $64.04, and -10.39% from its 52-week high of $89.65.
There are currently 30.27M shares of SPB outstanding. The market cap of SPB is $2.43B. In the last 24 hours, 294,476 SPB shares were traded.
How to Buy Spectrum Brands Holdings Stock
Wondering how to invest in Spectrum Brands Holdings stock? Here's how.
- Decide where to buy Spectrum Brands Holdings stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Spectrum Brands Holdings stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Select your payment method and add your information.
- Research Spectrum Brands Holdings stock: The Spectrum Brands Holdings ticker symbol is SPB. Is Spectrum Brands Holdings stock a good investment? Should you buy shares of SPB? How do SPB's underlying business fundamentals look? Do top analysts think Spectrum Brands Holdings is a good buy? Why has SPB's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if SPB is a good stock to buy).
- Place your SPB trade: Decide if you will purchase SPB shares at the current market price or use a limit order to purchase SPB shares at a given price.
- Track your SPB investment: Create a watchlist to get the latest news on your position in Spectrum Brands Holdings stock.
Step 1: Decide where to buy Spectrum Brands Holdings stock
You need an online brokerage account to access the NYSE market and buy SPB stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal info so you are able to buy SPB today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to open your new trading account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on stock market app, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing money into your new investment account.
Step 4: Research Spectrum Brands Holdings stock
After you have selected the best place to buy Spectrum Brands Holdings stock, it's important to analyze their stock prior to investing, so you can comprehend the risk and upside.
Spectrum Brands Holdings Numbers
SPB Overview
WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on SPB's stock page.
What is the fair value of SPB stock?
You can use many financial metrics, analyses, models, and charts to gauge SPB's fair value.
Using relative valuations ratios:
- SPB may be undervalued based on its P/E ratio of 1.69x, relative to Household & Personal Products industry P/E ratio of 35.36x
- SPB could be undervalued based on its P/B ratio of 1.06x, relative to Household & Personal Products industry P/B ratio of 7.38x
- SPB could be undervalued based on its PEG ratio of 0.03x
You can do more valuation analysis on SPB's stock here.
SPB Financial Health
Pros:
- There are more short-term assets than short-term liabilities on the SPB balance sheet.
- Total SPB debt is lower than 5 years ago, relative to shareholder equity.
- SPB has cash burn of 700000000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the SPB balance sheet.
- SPB has $1.40B in cash and short term investments. This is sufficient to cover its annual cash burn of $700.00M.
- SPB profit margin has gone up from 1.4% to 63.9% in the past year.
Cons:
- SPB has a relatively high debt to equity ratio of 1.11.
Do Wall Street analysts think it's a good time to buy SPB stock
Out of 3 sell side analysts who give ratings on SPB, the consensus analyst rating on SPB is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Spectrum Brands Holdings stock forecast page.
SPB Technical Indicators
SPB Revenue
Last year, SPB earnings were $1.85B. Over the past five year, SPB's earnings have gone up by 73.59% per year. This was faster than the Household & Personal Products industry average of 2.85%.
Last year, SPB revenue was $2.90B. Over the last 5 year, SPB's revenue has increased by -5.11% per year. This was slower than the Household & Personal Products industry average of 4.3%.
Dive into SPB's earnings and revenue performance here.
Latest Insiders Trades at SPB
Over the past 12 months, executives and large shareholders at SPB have bought more shares than they have sold.
David M. Maura, Executive Chairman and CEO of SPB, was the latest SPB insider to sell. They sold $1,357,307.20 worth of SPB shares on Dec 4, 2023.
Research more about who owns SPB shares here.
Can I rely on SPB as an income stream?
Spectrum Brands Holdings pays a dividend of 2.09%, compared to the Household & Personal Products industry's average dividend yield of 3.05%. If you owned $1,000 of SPB stock, you would have been paid $20.91 in the past year.
Spectrum Brands Holdings dividend payments have not consistently grown over the past decade but have remained stable.
Find more data about Spectrum Brands Holdings dividend yield and history here.
What others are saying about SPB
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your SPB trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and your broker will execute the order.
If you require additional help with investing in stocks on eToro, click the how to video below:
Step 6: Track your SPB investment
Now that you own some shares in SPB, you'll want to stay up-to-date on your shares.
Create a watchlist to track the most important metrics related to your SPB stock.
SPB Feed
How to Buy Stock in Spectrum Brands Holdings
To summarize, here are the 6 steps for buying Spectrum Brands Holdings stock:
- Decide where to buy Spectrum Brands Holdings stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Spectrum Brands Holdings stock
- Place your SPB trade
- Track your SPB investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Spectrum Brands Holdings, click below.
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