Spectrum Brands stock hits 52-week low at $73.05

Spectrum Brands Holdings Inc . (NYSE:SPB) stock has reached a new 52-week low, touching down at $73.05. According to InvestingPro data, the company maintains strong liquidity with a current ratio of 2.4 and operates with a moderate debt-to-equity ratio of 0.31. This latest price point marks a significant drop for the diversified consumer products company, known for its wide range of household items. Over the past year, Spectrum Brands has seen its shares decline by 12.65%, reflecting investor concerns over various challenges including market competition and cost pressures. InvestingPro’s Fair Value analysis suggests the stock may be undervalued at current levels, with analyst price targets ranging from $80 to $110. The 52-week low serves as a critical indicator for investors tracking the company’s performance, as it highlights the lowest price level the stock has traded at during the last year. This downturn in Spectrum Brands’ stock price could attract value investors looking for potential bargains, while also signaling caution to existing shareholders monitoring the company’s market valuation trends. Discover more insights and 8 additional ProTips about SPB with an InvestingPro subscription, including detailed analysis of the company’s $1.93B market capitalization and comprehensive financial health metrics.

In other recent news, Spectrum Brands Holdings Inc. reported its fourth-quarter 2024 earnings, which exceeded analysts’ expectations with an earnings per share (EPS) of $1.02, surpassing the forecasted $0.91. However, the company’s revenue for the quarter fell slightly short of expectations, coming in at $700.2 million against the anticipated $705.9 million. Spectrum Brands has also launched the "Superior Delivers" initiative, aiming for significant EBITDA improvements. The company’s full-year adjusted EBITDA increased by $40.8 million to $455.5 million, despite a slight year-over-year decrease in the fourth quarter. Looking ahead, Spectrum Brands anticipates an 8% growth in adjusted EBITDA for 2025, with a focus on growth in its North American propane and CNG segments. The company plans to repurchase CAD $135 million in shares and projects capital expenditures of $150 million. Additionally, Spectrum Brands is targeting a 0.5 turn deleveraging, reflecting its strategic focus on maintaining a strong financial position.

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