Spectrum Brands shares are listed on the New York Stock Exchange on January 20, 2023, 9:59 p.m. at a price of USD 62. Spectrum Brands stock is assigned to the Household Products segment.
How Spectrum Brands is currently assessed results from a multi-stage analysis. We have selected 8 categories, each of which leads to the result “Buy”, “Hold” or “Sell”. These results are finally consolidated into the overall result.
1. Technical Analysis: The Spectrum Brands 200-day moving average (GD200) is currently at $66.47. This gives the stock a “Sell” rating, inasmuch as the stock price closed at $62, building a gap of -6.72 percent. The ratio is different compared to the moving average price of the past 50 days. The GD50 has currently taken a level of $57.06. This in turn corresponds to the current difference of +8.66 percent for Spectrum Brands shares and thus a “buy” signal. The overall result based on the two periods is therefore “Hold”.
2. Fundamental: Spectrum Brands stock is considered overvalued on a price-to-earnings (P/E) multiple basis. Because: The P/E ratio of 14,391 is a total of 38,867 percent higher than the industry average in the “household products” segment, which is 36.93. Against this background, the share receives the “Sell” rating from the point of view of fundamental analysis.
3. Investors: In the past two weeks, Spectrum Brands has been rated particularly positively by the mostly private users on social media. This is the conclusion reached by our editorial team when evaluating the various comments and requests to speak that have dealt with this value in the past two weeks. In addition, predominantly positive topics related to value were addressed in the past few days. In summary, we believe investor sentiment at this level warrants a buy rating. Therefore, measuring investor sentiment produces an overall “buy” rating.
Should Spectrum Brands Investors Sell Immediately? Or is it worth getting started?
How will Spectrum Brands develop now? Is an entry worthwhile or should investors rather sell? Find out the answers to these questions and why you need to act now in the latest Spectrum Brands analysis.