科博控股

RBC Capital Reiterates Outperform on Spectrum Brands, Raises PT to $85 from $75.

Oppenheimer Reaffirms Outperform on Spectrum Brands, Raises PT to $85

Spectrum Brands: Wells Fargo Maintains Equal-Weight, PT Raised to $80 from $62.

Spectrum Brands

Spectrum Brands Holdings Q1 2026 Earnings Call Highlights: Overcoming Challenges with Strategic Growth

Spectrum Brands Announces $300M Share Repurchase Program and Reaffirms FY26 Sales Growth Targets Amid Pet Care Recovery

Catalyst<ul> <li>Analysts maintain a Buy rating for SPB indicating institutional optimism about its future performance.</li></ul>Risk<ul> <li>Technical indicators show bearish signals are dominant with three bearish versus one bullish developments in recent trading periods.</li> <li>Fundamental factors include declining revenue and profit margins as well as a weak net income to revenue ratio which could signal underlying financial stress.</li> <li>Fund flows show a negative overall trend with large and extra-large institutional investors pulling back indicating a lack of confidence in the stock.</li></ul>

Key Factors

Spectrum Brands reported fiscal 2026 Q1 adjusted EPS of $1.40, exceeding estimates, and reaffirmed its guidance for flat to low single-digit net sales growth.The company authorized a $300 million share repurchase program and generated $60 million in adjusted free cash flow, repurchasing 800,000 shares year-to-date.Spectrum Brands’ Global Pet Care segment returned to 8.3% growth, offsetting a 19.8% decline in the Home & Garden segment, driving strong cash flow and a 10% share price surge post-earnings.RBC Capital, Oppenheimer, and Wells Fargo raised price targets for SPB to $85 and $80, respectively, with RBC and Oppenheimer maintaining outperform ratings.

SPB News