Spectrum Brands Holdings (SPB) AI Stock Analysis

• Market Cap: $1.28B
• Dividend Yield: 3.6%
• Average Volume (3M): 416.19K
• Price to Earnings (P/E): 19.7
• Beta (1Y): 0.93
• Revenue Growth: -2.78%
• EPS Growth: -17.38%
• Country: US
• Employees: 3,100
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Household & Personal Products
• EPS (TTM): 1.24
• Shares Outstanding: 24,207,033
• 10 Day Avg. Volume: 439,689
• 30 Day Avg. Volume: 416,186
• PEG Ratio: -0.25
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 0.97
• P/FCF Ratio: 24.31
• Enterprise Value/Market Cap: 1.53
• Enterprise Value/Revenue: 0.69
• Enterprise Value/Gross Profit: 1.84
• Enterprise Value/Ebitda: 9.11
• 1Y Price Target: $75.33
• Price Target Upside: 44.39% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 57 Neutral
• Price Target: $56.00 ▲(7.34% Upside)

Spectrum Brands Holdings faces significant challenges, particularly from tariff impacts and declining sales, which have affected profitability and cash flow. While the balance sheet remains strong and cost management initiatives are promising, technical indicators and earnings call sentiment reflect ongoing difficulties. The moderate valuation and attractive dividend yield provide some support, but overall, the stock is under pressure.

Positive Factors

Cost Reduction Initiatives

The successful cost reduction initiatives demonstrate effective management strategies, which can improve profitability and provide financial flexibility in the long term.

Product Innovation

Continued innovation in product lines can drive category growth and enhance market position, supporting long-term revenue expansion and competitive advantage.

Strong Supply Chain Management

Robust supply chain management ensures product availability and customer satisfaction, which are critical for sustaining sales and operational efficiency over time.

Negative Factors

Revenue Decline

Significant revenue decline indicates challenges in maintaining market share and sales growth, which could impact long-term financial performance and strategic positioning.

Impact of Tariffs

High tariffs on imports create cost pressures and supply chain disruptions, potentially affecting profitability and operational stability in the long term.

Declining Profit Margins

Decreasing profit margins reflect operational challenges and cost pressures, which could hinder the company's ability to generate sustainable earnings growth.

Spectrum Brands Holdings Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Spectrum Brands generates revenue through various channels, primarily by selling its branded consumer products through retail and wholesale channels. The company has a diverse revenue model that includes direct sales to major retailers, e-commerce platforms, and distributors. Key revenue streams are derived from its core product categories, with significant contributions from personal care products, pet supplies, and home appliances. Additionally, Spectrum Brands often engages in strategic partnerships and collaborations with retailers to enhance product visibility and sales. The company also invests in marketing and promotions to drive brand awareness and consumer engagement, which are critical for sustaining its revenue growth.

Spectrum Brands Holdings Financial Statement Overview

Summary

Spectrum Brands Holdings shows stable gross margins but faces declining profitability and revenue growth. The balance sheet is strong with improved leverage ratios, but cash flow generation is a concern with significant declines in free cash flow.

Income Statement

Spectrum Brands Holdings shows a mixed performance in its income statement. The TTM data reveals a decline in revenue growth rate by 2.72%, indicating a contraction in sales. Gross profit margin remains stable at around 37.6%, but net profit margin has decreased to 2.02% from 4.21% in the previous year, reflecting reduced profitability. EBIT and EBITDA margins have also declined, suggesting operational challenges. Despite these issues, the company maintains a reasonable gross profit margin, which is a positive indicator.

Balance Sheet

The balance sheet of Spectrum Brands Holdings reflects a stable financial position with a debt-to-equity ratio of 0.40 in the TTM, showing a decrease from the previous year, which indicates improved leverage management. The equity ratio stands at 53.5%, suggesting a strong equity base relative to total assets. However, return on equity has decreased to 2.97% from 5.83%, indicating a decline in profitability relative to shareholder equity. Overall, the company demonstrates a solid balance sheet with manageable debt levels.

Cash Flow

Cash flow analysis reveals challenges for Spectrum Brands Holdings. The TTM data shows a negative free cash flow growth rate of -105.4%, indicating a significant decline in free cash flow generation. The operating cash flow to net income ratio is low at 0.21, suggesting limited cash generation from operations relative to net income. The free cash flow to net income ratio is 0.67, showing some cash flow support for earnings. The company needs to improve its cash flow generation to enhance financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.85B	2.96B	2.92B	3.13B	3.00B	2.62B
Gross Profit	1.06B	1.11B	924.80M	990.40M	1.03B	878.10M
EBITDA	215.10M	323.90M	-72.00M	108.40M	222.40M	244.10M
Net Income	72.90M	124.80M	1.80B	71.60M	189.60M	97.80M
Balance Sheet
Total Assets	3.54B	3.84B	5.26B	5.78B	5.34B	5.11B
Cash, Cash Equivalents and Short-Term Investments	122.00M	368.90M	1.86B	243.70M	187.90M	531.60M
Total Debt	759.90M	647.80M	1.65B	3.21B	2.55B	2.47B
Total Liabilities	1.65B	1.70B	2.74B	4.51B	3.86B	3.69B
Stockholders Equity	1.89B	2.14B	2.52B	1.26B	1.47B	1.41B
Cash Flow
Free Cash Flow	75.10M	118.60M	-468.70M	-117.80M	244.80M	246.20M
Operating Cash Flow	113.20M	162.60M	-409.70M	-53.80M	288.40M	290.30M
Investing Cash Flow	111.00M	1.02B	3.18B	-359.80M	-423.50M	108.30M
Financing Cash Flow	-259.30M	-1.58B	-2.26B	487.60M	-209.90M	-497.10M

Spectrum Brands Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 52.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SPB, the sentiment is Negative. The current price of 52.17 is below the 20-day moving average (MA) of 54.13, below the 50-day MA of 55.17, and below the 200-day MA of 65.49, indicating a bearish trend. The MACD of -0.89 indicates Positive momentum. The RSI at 43.02 is Neutral, neither overbought nor oversold. The STOCH value of 19.74 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPB.

Spectrum Brands Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHD	69 Neutral	21.16B	40.97	11.95%	1.36%	1.13%	-34.78%
CLX	64 Neutral	15.05B	18.89	252.34%	3.99%	0.16%	191.17%
EPC	58 Neutral	917.67M	14.59	4.13%	3.09%	-2.92%	-43.06%
SPB	57 Neutral	$1.28B	19.73	2.98%	3.60%	-2.78%	-17.38%
HELE	51 Neutral	525.91M	-1.64	-27.14%	―	-4.39%	-326.42%
NWL	50 Neutral	2.29B	-8.80	-9.03%	5.44%	-5.29%	9.72%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%

Spectrum Brands Holdings Corporate Events

Spectrum Brands Announces New CFO Amid Leadership Change

On September 3, 2025, Spectrum Brands Holdings announced a leadership transition with the separation of Executive Vice President and CFO Jeremy W. Smeltser, who will assist with the transition until December 31, 2025, as part of a cost-reduction strategy. Faisal Qadir, previously Vice President of Strategic Finance and Enterprise Reporting, has been appointed as the new Executive Vice President and CFO, effective immediately, bringing extensive experience from his tenure at Spectrum Brands and prior roles at The Black & Decker Corporation and Stanley Black & Decker.

The most recent analyst rating on (SPB) stock is a Hold with a $57.00 price target. To see the full list of analyst forecasts on Spectrum Brands Holdings stock, see the SPB Stock Forecast page.