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The price of Newell Brands Inc (NASDAQ: NWL) closed at $7.08 in the last session, down -0.28% from day before closing price of $7.10. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 5.87 million shares were traded. NWL stock price reached its highest trading level at $7.14 during the session, while it also had its lowest trading level at $6.845.
Ratios:
We take a closer look at NWL’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.51 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.81 whereas as Long-Term Debt/Eq ratio is at 1.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, UBS on February 16, 2024, Downgraded its rating to Neutral and sets its target price to $8.50 from $10 previously.
Truist Downgraded its Buy to Hold on October 30, 2023, whereas the target price for the stock was revised from $20 to $8.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 26 ’24 when Johnson Jay LeCoryelle bought 4,928 shares for $8.88 per share.
CAMPBELL PATRICK D sold 50,000 shares of NWL for $402,000 on May 10 ’24. The Director now owns 18,477 shares after completing the transaction at $8.04 per share. On Feb 23 ’24, another insider, Turner Bradford R, who serves as the Chief Legal & Admin. Officer of the company, sold 20,000 shares for $7.43 each. As a result, the insider received 148,600 and left with 169,813 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWL now has a Market Capitalization of 2953598976 and an Enterprise Value of 8257280000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.057 whereas that against EBITDA is 9.726.
Stock Price History:
Over the past 52 weeks, NWL has reached a high of $9.99, while it has fallen to a 52-week low of $5.39. The 50-Day Moving Average of the stock is 0.13%, while the 200-Day Moving Average is calculated to be -7.11%.
Shares Statistics:
According to the various share statistics, NWL traded on average about 5.63M shares per day over the past 3-months and 6183980 shares per day over the past 10 days. A total of 416.00M shares are outstanding, with a floating share count of 414.38M. Insiders hold about 0.39% of the company’s shares, while institutions hold 96.59% stake in the company. Shares short for NWL as of 1723680000 were 25635135 with a Short Ratio of 4.55, compared to 1721001600 on 23848835. Therefore, it implies a Short% of Shares Outstanding of 25635135 and a Short% of Float of 10.5100006.
Dividends & Splits
The forward annual dividend rate for NWL is 0.28, which was 0.28 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03943662The stock’s 5-year Average Dividend Yield is 5.16.
