Breaking News

Over a month ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Spectrum Brands price target raised to $113 from $100 at Monness Crespi » 08:30
05/10/21
05/10
08:30
05/10/21
08:30
SPB

Spectrum Brands

$94.74 /

+3.345 (+3.66%)

Monness Crespi analyst…

Monness Crespi analyst Jim Chartier raised the firm's price target on Spectrum Brands to $113 from $100 and keeps a Buy rating on the shares after the company issued what he called "another big beat and raise" quarterly report. Chartier, who expects upside to the company's raised guidance, has raised his own FY21 and FY22 EBITDA estimates following the report.

ShowHide Related Items >><<
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

05/10/21 Wells Fargo
Spectrum Brands price target raised to $115 from $105 at Wells Fargo
05/10/21 Deutsche Bank
Spectrum Brands price target raised to $108 from $104 at Deutsche Bank
03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

Recommendations
Spectrum Brands price target raised to $115 from $105 at Wells Fargo » 07:32
05/10/21
05/10
07:32
05/10/21
07:32
SPB

Spectrum Brands

$94.74 /

+3.345 (+3.66%)

Wells Fargo analyst Chris…

Wells Fargo analyst Chris Carey raised the firm's price target on Spectrum Brands to $115 from $105 and keeps an Overweight rating on the shares. The analyst argues that Spectrum Brands again showed why it screens as one of the most attractive names in consumer products, handily beating estimates, raising its outlook and with attractive characteristics in the current backdrop - cyclical, defensive, value.

ShowHide Related Items >><<
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

05/10/21 Deutsche Bank
Spectrum Brands price target raised to $108 from $104 at Deutsche Bank
03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

Recommendations
Spectrum Brands price target raised to $108 from $104 at Deutsche Bank » 06:48
05/10/21
05/10
06:48
05/10/21
06:48
SPB

Spectrum Brands

$94.74 /

+3.345 (+3.66%)

Deutsche Bank analyst…

Deutsche Bank analyst Faiza Alwy raised the firm's price target on Spectrum Brands to $108 from $104 and keeps a Hold rating on the shares. The company "handily beat" expectations both on sales and EBITDA, and raised its back-half framework for revenues reflecting better than expected sell-through trends, Alwy tells investors in a research note.

ShowHide Related Items >><<
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

SPB Spectrum Brands
$94.74 /

+3.345 (+3.66%)

Earnings
Spectrum Brands raises FY21 revenue growth view to 'mid-teens' » 06:33
05/07/21
05/07
06:33
05/07/21
06:33
SPB

Spectrum Brands

$91.40 /

+3.15 (+3.57%)

Prior view was 2021…

Prior view was 2021 revenue growth in high single digits, consensus $4.31B. Foreign exchange expected to have a positive impact based upon current rates. Adjusted EBITDA is also expected to increase mid-teens (previously high single-digit growth) with the backdrop of continued transportation and commodity related inflation. Adjusted free cash flow is now expected to be between $260M-$280M (previously $250M-$270M), with plans for incremental investments in inventory levels.

ShowHide Related Items >><<
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

Hot Stocks
Spectrum Brands board approves new three-year, $1B stock repurchase program  06:31
05/07/21
05/07
06:31
05/07/21
06:31
SPB

Spectrum Brands

$91.40 /

+3.15 (+3.57%)

 
ShowHide Related Items >><<
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

Earnings
Spectrum Brands reports Q2 adjusted EPS $1.76, consensus $1.00 » 06:30
05/07/21
05/07
06:30
05/07/21
06:30
SPB

Spectrum Brands

$91.40 /

+3.15 (+3.57%)

Reports Q2 revenue…

Reports Q2 revenue $1.15B, consensus $1.03B.

ShowHide Related Items >><<
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

SPB Spectrum Brands
$91.40 /

+3.15 (+3.57%)

Hot Stocks
Spectrum Brands to acquire Rejuvenate for $300M » 08:37
04/21/21
04/21
08:37
04/21/21
08:37
SPB

Spectrum Brands

$86.83 /

-1.995 (-2.25%)

Spectrum Brands announced…

Spectrum Brands announced it had entered into an agreement to acquire For Life Products, Rejuvenate, a leading manufacturer in the household cleaning, maintenance, and restoration segment. Rejuvenate offers a fast growing portfolio of innovative cleaning and surface care products for the entire home and is being acquired at a purchase price of approximately $300M, subject to customary adjustments. Rejuvenate joins the Spectrum Brands Home & Garden division's distinct combination of strong brands that provide consumers the best solutions to conquer nature's challenges and enjoy life. "Rejuvenate has generated impressive top and bottom-line growth over the last few years and provides Spectrum Brands with an immediate leadership position in the attractive household cleaning category that enhances our ability to meet increasing demand for home essential products. The acquisition aligns with our strategy to purchase strong, complimentary brands where we can leverage our efficient supply chain and strong customer relationships to drive future growth. With the acquisition of Rejuvenate, we are confident in our ability to create value through substantial revenue, supply chain and manufacturing synergies. In addition, the acquisition is margin accretive for us. And finally, we are very excited to build on the Rejuvenate commitment to providing quality, innovative products that clean, restore and protect the entire home" said David Maura, Chairman and Chief Executive Officer of Spectrum Brands.

ShowHide Related Items >><<
SPB Spectrum Brands
$86.83 /

-1.995 (-2.25%)

SPB Spectrum Brands
$86.83 /

-1.995 (-2.25%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$86.83 /

-1.995 (-2.25%)

SPB Spectrum Brands
$86.83 /

-1.995 (-2.25%)

SPB Spectrum Brands
$86.83 /

-1.995 (-2.25%)

Conference/Events
Spectrum Brands management to meet virtually with Oppenheimer » 09:36
03/31/21
03/31
09:36
03/31/21
09:36
SPB

Spectrum Brands

$85.28 /

+1.87 (+2.24%)

Virtual Meeting to be…

Virtual Meeting to be held on March 31 hosted by Oppenheimer.

ShowHide Related Items >><<
SPB Spectrum Brands
$85.28 /

+1.87 (+2.24%)

SPB Spectrum Brands
$85.28 /

+1.87 (+2.24%)

03/29/21 Wells Fargo
Spectrum Brands price target raised to $105 from $95 at Wells Fargo
02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
SPB Spectrum Brands
$85.28 /

+1.87 (+2.24%)

SPB Spectrum Brands
$85.28 /

+1.87 (+2.24%)

SPB Spectrum Brands
$85.28 /

+1.87 (+2.24%)

Recommendations
Spectrum Brands price target raised to $105 from $95 at Wells Fargo » 07:50
03/29/21
03/29
07:50
03/29/21
07:50
SPB

Spectrum Brands

$84.08 /

+1.21 (+1.46%)

Wells Fargo analyst Chris…

Wells Fargo analyst Chris Carey raised the firm's price target on Spectrum Brands to $105 from $95 and keeps an Overweight rating on the shares. The analyst says that Spectrum Brands "checks a lot of boxes right now" and thinks it should be top of the list amongst consumer/quasi-Staples stocks especially in the SMID cap realm. Underlying trends remain robust across segments and Carey expects Spectrum Brands to maintain its previously communicated outlook for inflation. The analyst could envision potential upside to numbers across divisions and thinks estimates keep pushing higher.

ShowHide Related Items >><<
SPB Spectrum Brands
$84.08 /

+1.21 (+1.46%)

SPB Spectrum Brands
$84.08 /

+1.21 (+1.46%)

02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy from Hold at Deutsche Bank
SPB Spectrum Brands
$84.08 /

+1.21 (+1.46%)

SPB Spectrum Brands
$84.08 /

+1.21 (+1.46%)

SPB Spectrum Brands
$84.08 /

+1.21 (+1.46%)

Hot Stocks
Baldwin Hardware expands Quick Ship program » 09:08
03/18/21
03/18
09:08
03/18/21
09:08
SPB

Spectrum Brands

$86.00 /

+1.11 (+1.31%)

Spectrum Brands Holdings,…

Spectrum Brands Holdings, owner of Baldwin Hardware, announces the expansion of the Quick Ship program. With the addition of 1,950 pre-configured knob and lever sets in a variety of Estate finishes, there are now nearly 4,000 complete locksets available on a single order line, and quickly delivered in one box to eager homeowners and builders. Quick Ship ensures delivery of pre-packaged, ready-to-install hardware within five business days of shipping confirmation.

ShowHide Related Items >><<
SPB Spectrum Brands
$86.00 /

+1.11 (+1.31%)

SPB Spectrum Brands
$86.00 /

+1.11 (+1.31%)

02/08/21 Monness Crespi
Spectrum Brands price target raised to $100 from $85 at Monness Crespi
02/08/21 Deutsche Bank
Spectrum Brands price target raised to $104 from $101 at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy with $101 target at Deutsche Bank
01/13/21 Deutsche Bank
Spectrum Brands upgraded to Buy from Hold at Deutsche Bank
SPB Spectrum Brands
$86.00 /

+1.11 (+1.31%)

SPB Spectrum Brands
$86.00 /

+1.11 (+1.31%)

SPB Spectrum Brands
$86.00 /

+1.11 (+1.31%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.