Closing Bell Recap: Newell Brands Inc (NWL) Ends at 9.59, Reflecting a -3.71 Downturn

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Newell Brands Inc (NASDAQ: NWL) closed the day trading at $9.59 down -3.71% from the previous closing price of $9.96. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 7.27 million shares were traded. NWL stock price reached its highest trading level at $9.88 during the session, while it also had its lowest trading level at $9.48.

Ratios:

For a better understanding of NWL, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 1.92 whereas as Long-Term Debt/Eq ratio is at 1.58.

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, Truist on December 09, 2024, Upgraded its rating to Buy and sets its target price to $17 from $10 previously.

On November 20, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $8 to $10.

UBS Downgraded its Buy to Neutral on February 16, 2024, whereas the target price for the stock was revised from $10 to $8.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 06 ’24 when Platt Tracy L sold 23,343 shares for $10.31 per share. The transaction valued at 240,666 led to the insider holds 0 shares of the business.

Platt Tracy L bought 23,343 shares of NWL for $240,563 on Dec 06 ’24. On Nov 05 ’24, another insider, Turner Bradford R, who serves as the Chief Legal & Admin. Officer of the company, sold 20,000 shares for $8.96 each. As a result, the insider received 179,200 and left with 230,254 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 3989440000 and an Enterprise Value of 9108440064. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.182 whereas that against EBITDA is 9.836.

Stock Price History:

The Beta on a monthly basis for NWL is 0.88, which has changed by 0.23573196 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, NWL has reached a high of $11.78, while it has fallen to a 52-week low of $5.39. The 50-Day Moving Average of the stock is -5.07%, while the 200-Day Moving Average is calculated to be 17.56%.

Shares Statistics:

Over the past 3-months, NWL traded about 5.37M shares per day on average, while over the past 10 days, NWL traded about 5058340 shares per day. A total of 416.00M shares are outstanding, with a floating share count of 414.41M. Insiders hold about 0.38% of the company’s shares, while institutions hold 93.75% stake in the company. Shares short for NWL as of 1736899200 were 12248064 with a Short Ratio of 2.28, compared to 1734048000 on 12510816. Therefore, it implies a Short% of Shares Outstanding of 12248064 and a Short% of Float of 5.0200000000000005.

Dividends & Splits

NWL’s forward annual dividend rate is 0.28, up from 0.28 a year ago. Against a Trailing Annual Dividend Yield of 0.02811245The stock’s 5-year Average Dividend Yield is 5.01.

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