Spectrum Brands (SPB) Stock Forecast, Price Target & Predictions
SPB Stock Forecast
Spectrum Brands stock forecast is as follows: an average price target of $94.00 (represents a 10.03% upside from SPB’s last price of $85.43) and a rating consensus of 'Buy', based on 7 wall street analysts offering a 1-year stock forecast.
SPB Price Target
The average price target for Spectrum Brands (SPB) is $94.00 based on 1-year price targets from 7 Wall Street analysts in the past 3 months, with a price target range of $94.00 to $94.00. This represents a potential 10.03% upside from SPB's last price of $85.43.
SPB Analyst Ratings
According to 7 Wall Street analysts, Spectrum Brands's rating consensus is 'Buy'. The analyst rating breakdown for SPB stock is 0 'Strong Buy' (0.00%), 4 'Buy' (57.14%), 3 'Hold' (42.86%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Spectrum Brands Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2024 | Brian McNamara | Canaccord Genuity | $94.00 | $88.59 | 6.11% | 10.03% |
| Jun 07, 2024 | Nik Modi | RBC Capital | $114.00 | $89.73 | 27.05% | 33.44% |
| May 12, 2023 | Steve Powers | Deutsche Bank | $70.00 | $71.34 | -1.88% | -18.06% |
| Sep 16, 2022 | Deutsche Bank | $68.00 | $49.29 | 37.96% | -20.40% | |
| Aug 15, 2022 | Deutsche Bank | $90.00 | $71.25 | 26.32% | 5.35% | |
| Aug 15, 2022 | UBS | $100.00 | $72.12 | 38.66% | 17.05% | |
| Aug 15, 2022 | RBC Capital | $109.00 | $69.90 | 55.94% | 27.59% | |
| Jul 18, 2022 | Oppenheimer | $95.00 | $66.16 | 43.59% | 11.20% | |
| Jul 18, 2022 | UBS | $109.00 | $66.71 | 63.39% | 27.59% | |
| Jul 12, 2022 | Deutsche Bank | $95.00 | $79.42 | 19.62% | 11.20% | |
| May 02, 2022 | Deutsche Bank | $114.00 | $84.19 | 35.41% | 33.44% |
The latest Spectrum Brands stock forecast, released on Nov 18, 2024 by Brian McNamara from Canaccord Genuity, set a price target of $94.00, which represents a 6.11% increase from the stock price at the time of the forecast ($88.59), and a 10.03% increase from SPB last price ($85.43).
Spectrum Brands Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $94.00 | $94.00 | $104.00 |
| Last Closing Price | $85.43 | $85.43 | $85.43 |
| Upside/Downside | 10.03% | 10.03% | 21.74% |
In the current month, the average price target of Spectrum Brands stock is $94.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.03% increase as opposed to Spectrum Brands's last price of $85.43. This month's average price target is down 0.00% compared to last quarter, and down -9.62% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 18, 2024 | Canaccord Genuity | Hold | Hold | Hold |
| Aug 09, 2024 | UBS | Underperform | Underperform | Hold |
| Aug 09, 2024 | Wells Fargo | Buy | Buy | Hold |
| Aug 09, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 01, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jul 01, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 07, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jun 07, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Jun 07, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 10, 2024 | RBC Capital | Outperform | Outperform | Hold |
| May 10, 2024 | Deutsche Bank | Hold | Hold | Hold |
| May 10, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 09, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Feb 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 11, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| Aug 11, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| May 12, 2023 | Wells Fargo | Overweight | Overweight | Hold |
| May 12, 2023 | Oppenheimer | Outperform | Outperform | Hold |
| Mar 30, 2023 | Canaccord Genuity | Buy | Initialise | |
| Mar 30, 2023 | Guggenheim | Buy | Initialise | |
| Sep 16, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Aug 15, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Aug 15, 2022 | UBS | Buy | Buy | Hold |
| Aug 15, 2022 | RBC Capital | Outperform | Outperform | Hold |
| Jul 18, 2022 | Oppenheimer | Outperform | Outperform | Hold |
| Jul 18, 2022 | UBS | Buy | Buy | Hold |
| Jul 12, 2022 | Raymond James | Market Perform | Initialise | |
| Jul 12, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 02, 2022 | Deutsche Bank | Buy | Buy | Hold |
| Apr 26, 2022 | National Bank | Perform | Upgrade | |
| Apr 05, 2022 | Union Gaming | Buy | Buy | Hold |
Spectrum Brands's last stock rating was published by Canaccord Genuity on Nov 18, 2024. The company gave SPB a "Hold" rating, the same as its previous rate.
Spectrum Brands Financial Forecast
Spectrum Brands Revenue Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $692.20M | $740.70M | - | $729.20M | $757.20M | $749.50M | $818.00M | $807.80M | $1.15B | $757.80M | $1.16B | $1.15B | - | $1.17B | $984.30M |
| Avg Forecast | $804.81M | $820.81M | $760.34M | $727.79M | $791.38M | $807.91M | $750.85M | $720.96M | $779.76M | $793.81M | $733.00M | $705.92M | $747.80M | $750.97M | $708.54M | $674.20M | $739.43M | $785.39M | $758.67M | $754.92M | $787.73M | $918.20M | $793.38M | $726.81M | $1.10B | $1.17B | $1.03B | $1.01B | $1.02B | $946.17M |
| High Forecast | $814.83M | $831.04M | $769.81M | $736.86M | $801.24M | $817.97M | $760.21M | $729.95M | $789.47M | $803.70M | $739.31M | $715.96M | $748.30M | $750.97M | $708.54M | $675.51M | $805.50M | $795.18M | $768.12M | $764.32M | $787.73M | $918.20M | $793.38M | $726.81M | $1.10B | $1.17B | $1.03B | $1.01B | $1.02B | $946.17M |
| Low Forecast | $794.56M | $810.37M | $750.66M | $718.53M | $781.31M | $797.62M | $741.30M | $711.79M | $769.84M | $783.70M | $728.49M | $698.93M | $747.31M | $750.97M | $708.54M | $671.81M | $696.96M | $775.40M | $749.01M | $745.31M | $787.73M | $918.20M | $793.38M | $726.81M | $1.10B | $1.17B | $1.03B | $1.01B | $1.02B | $946.17M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 5 | 5 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 1.00% | - | 0.96% | 1.00% | 0.95% | 0.89% | 1.02% | 1.58% | 0.69% | 0.99% | 1.11% | - | 1.14% | 1.04% |
Spectrum Brands's average Quarter revenue forecast for Mar 24 based on 1 analysts is $708.54M, with a low forecast of $708.54M, and a high forecast of $708.54M. SPB's average Quarter revenue forecast represents a 2.36% increase compared to the company's last Quarter revenue of $692.20M (Dec 23).
Spectrum Brands EBITDA Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 5 | 5 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $69.90M | $45.20M | - | $-11.20M | $33.00M | $6.20M | $6.00M | $53.90M | $195.00M | $31.00M | $154.50M | $169.20M | - | $132.30M | $205.90M |
| Avg Forecast | $45.71M | $46.62M | $43.19M | $41.34M | $44.95M | $45.89M | $42.65M | $40.95M | $44.29M | $45.09M | $41.63M | $40.10M | $42.47M | $42.65M | $70.20M | $38.29M | $42.00M | $44.61M | $63.81M | $91.78M | $37.84M | $44.11M | $58.01M | $34.92M | $52.75M | $56.16M | $137.35M | $48.73M | $49.24M | $45.45M |
| High Forecast | $46.28M | $47.20M | $43.72M | $41.85M | $45.51M | $46.46M | $43.18M | $41.46M | $44.84M | $45.65M | $41.99M | $40.67M | $42.50M | $42.65M | $84.23M | $38.37M | $45.75M | $45.16M | $76.58M | $110.13M | $37.84M | $44.11M | $69.61M | $34.92M | $52.75M | $56.16M | $164.83M | $48.73M | $49.24M | $45.45M |
| Low Forecast | $45.13M | $46.03M | $42.64M | $40.81M | $44.38M | $45.30M | $42.10M | $40.43M | $43.73M | $44.51M | $41.38M | $39.70M | $42.45M | $42.65M | $56.16M | $38.16M | $39.59M | $44.04M | $51.05M | $73.42M | $37.84M | $44.11M | $46.41M | $34.92M | $52.75M | $56.16M | $109.88M | $48.73M | $49.24M | $45.45M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.83% | 1.08% | - | -0.18% | 0.36% | 0.16% | 0.14% | 0.93% | 5.58% | 0.59% | 2.75% | 1.23% | - | 2.69% | 4.53% |
1 analysts predict SPB's average Quarter EBITDA for Mar 24 to be $70.20M, with a high of $84.23M and a low of $56.16M. This is 0.42% upper than Spectrum Brands's previous annual EBITDA (Dec 23) of $69.90M.
Spectrum Brands Net Income Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 5 | 5 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $29.10M | $16.80M | - | $-75.00M | $-30.20M | $-24.80M | $3.00M | $-25.10M | $72.10M | $6.10M | $30.70M | $36.60M | - | $45.40M | $145.10M |
| Avg Forecast | $39.56M | $61.75M | $55.61M | $29.18M | $35.09M | $55.15M | $50.69M | $29.18M | $32.96M | $49.09M | $43.88M | $25.62M | $29.48M | $31.80M | $18.76M | $14.98M | $29.24M | $13.66M | $17.05M | $19.10M | $17.15M | $40.62M | $15.50M | $15.59M | $23.20M | $45.99M | $32.12M | $22.32M | $37.88M | $27.02M |
| High Forecast | $40.20M | $62.75M | $56.51M | $29.66M | $35.66M | $56.05M | $51.51M | $29.66M | $33.49M | $49.89M | $48.94M | $30.80M | $30.23M | $31.81M | $22.51M | $21.74M | $43.72M | $13.88M | $20.46M | $22.92M | $17.15M | $40.62M | $18.60M | $15.59M | $23.20M | $45.99M | $38.55M | $22.32M | $37.88M | $27.02M |
| Low Forecast | $38.90M | $60.72M | $54.69M | $28.70M | $34.51M | $54.24M | $49.85M | $28.70M | $32.41M | $48.28M | $37.69M | $21.53M | $28.74M | $31.80M | $15.01M | $2.42M | $12.49M | $13.43M | $13.64M | $15.28M | $17.15M | $40.62M | $12.40M | $15.59M | $23.20M | $45.99M | $25.70M | $22.32M | $37.88M | $27.02M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.94% | 0.57% | - | -4.40% | -1.58% | -1.45% | 0.07% | -1.62% | 4.62% | 0.26% | 0.67% | 1.14% | - | 1.20% | 5.37% |
Spectrum Brands's average Quarter net income forecast for Mar 24 is $18.76M, with a range of $15.01M to $22.51M. SPB's average Quarter net income forecast represents a -35.54% decrease compared to the company's last Quarter net income of $29.10M (Dec 23).
Spectrum Brands SG&A Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 5 | 5 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $219.90M | $222.30M | - | $219.30M | $203.50M | $221.90M | $256.20M | $220.10M | $258.70M | $218.20M | $275.40M | $262.20M | - | $269.30M | $224.90M |
| Avg Forecast | $233.77M | $238.42M | $220.85M | $211.40M | $229.87M | $234.67M | $218.10M | $209.42M | $226.49M | $230.57M | $212.91M | $205.05M | $217.21M | $218.13M | $259.66M | $195.83M | $214.78M | $228.13M | $236.06M | $474.04M | $216.22M | $252.03M | $214.60M | $199.50M | $301.41M | $320.85M | $230.12M | $278.40M | $281.35M | $259.71M |
| High Forecast | $236.68M | $241.39M | $223.60M | $214.03M | $232.73M | $237.59M | $220.81M | $212.03M | $229.32M | $233.45M | $214.74M | $207.96M | $217.36M | $218.13M | $311.60M | $196.21M | $233.97M | $230.97M | $283.27M | $568.84M | $216.22M | $252.03M | $257.52M | $199.50M | $301.41M | $320.85M | $276.15M | $278.40M | $281.35M | $259.71M |
| Low Forecast | $230.79M | $235.39M | $218.04M | $208.71M | $226.94M | $231.68M | $215.32M | $206.75M | $223.61M | $227.64M | $211.60M | $203.01M | $217.07M | $218.13M | $207.73M | $195.14M | $202.44M | $225.23M | $188.85M | $379.23M | $216.22M | $252.03M | $171.68M | $199.50M | $301.41M | $320.85M | $184.10M | $278.40M | $281.35M | $259.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.04% | - | 0.93% | 0.43% | 1.03% | 1.02% | 1.03% | 1.30% | 0.72% | 0.86% | 1.14% | - | 0.96% | 0.87% |
Spectrum Brands's average Quarter SG&A projection for Mar 24 is $259.66M, based on 1 Wall Street analysts, with a range of $207.73M to $311.60M. The forecast indicates a 18.08% rise compared to SPB last annual SG&A of $219.90M (Dec 23).
Spectrum Brands EPS Forecast
| Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 5 | 5 | 4 | 1 | 1 | 3 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 5 | 5 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.85 | $0.47 | - | $-1.83 | $-0.73 | $-0.61 | $0.07 | $-0.62 | $1.68 | $0.14 | $0.72 | $0.86 | - | $1.05 | $3.37 |
| Avg Forecast | $1.40 | $2.18 | $1.97 | $1.03 | $1.24 | $1.95 | $1.79 | $1.03 | $1.16 | $1.73 | $1.55 | $0.91 | $1.04 | $1.12 | $0.68 | $0.53 | $1.03 | $0.48 | $-0.18 | $-0.29 | $0.59 | $1.40 | $0.36 | $0.54 | $0.80 | $1.58 | $0.99 | $0.77 | $1.30 | $0.93 |
| High Forecast | $1.42 | $2.22 | $2.00 | $1.05 | $1.26 | $1.98 | $1.82 | $1.05 | $1.18 | $1.76 | $1.73 | $1.09 | $1.07 | $1.12 | $0.68 | $0.77 | $1.55 | $0.49 | $-0.18 | $-0.29 | $0.59 | $1.40 | $0.36 | $0.54 | $0.80 | $1.58 | $0.99 | $0.77 | $1.30 | $0.93 |
| Low Forecast | $1.37 | $2.15 | $1.93 | $1.01 | $1.22 | $1.92 | $1.76 | $1.01 | $1.15 | $1.71 | $1.33 | $0.76 | $1.02 | $1.12 | $0.68 | $0.09 | $0.44 | $0.47 | $-0.18 | $-0.30 | $0.59 | $1.40 | $0.36 | $0.54 | $0.80 | $1.58 | $0.99 | $0.77 | $1.30 | $0.93 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.61% | 0.45% | - | 10.16% | 2.48% | -1.04% | 0.05% | -1.74% | 3.13% | 0.18% | 0.46% | 0.87% | - | 0.81% | 3.63% |
According to 1 Wall Street analysts, Spectrum Brands's projected average Quarter EPS for Mar 24 is $0.68, with a low estimate of $0.68 and a high estimate of $0.68. This represents a -20.45% decrease compared to SPB previous annual EPS of $0.85 (Dec 23).
Spectrum Brands Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NUS | Nu Skin Enterprises | $7.32 | $11.00 | 50.27% | Strong Buy |
| EWCZ | European Wax Center | $5.80 | $7.38 | 27.24% | Buy |
| IPAR | Inter Parfums | $133.41 | $163.50 | 22.55% | Buy |
| EPC | Edgewell Personal Care Company | $35.05 | $40.00 | 14.12% | Buy |
| HELE | Helen of Troy | $66.86 | $71.00 | 6.19% | Buy |
| SPB | Spectrum Brands | $89.12 | $94.00 | 5.48% | Buy |