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After finishing at $5.61 in the prior trading day, Newell Brands Inc (NASDAQ: NWL) closed at $4.76, down -15.15%. In other words, the price has decreased by -$15.15 from its previous closing price. On the day, 30.61 million shares were traded. NWL stock price reached its highest trading level at $5.36 during the session, while it also had its lowest trading level at $4.58.
Ratios:
Our goal is to gain a better understanding of NWL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 2.09 whereas as Long-Term Debt/Eq ratio is at 1.85.
On December 09, 2024, Truist Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $10 to $17.
Barclays Upgraded its Equal Weight to Overweight on November 20, 2024, whereas the target price for the stock was revised from $8 to $10.
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 1997015168 and an Enterprise Value of 7696915968. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 1.041 whereas that against EBITDA is 9.341.
Stock Price History:
The Beta on a monthly basis for NWL is 0.94, which has changed by -0.40648377 over the last 52 weeks, in comparison to a change of 0.20277917 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 $4.22. The 50-Day Moving Average of the stock is -14.73%, while the 200-Day Moving Average is calculated to be -34.63%.
Shares Statistics:
The stock has traded on average 9.06M shares per day over the past 3-months and 9355360 shares per day over the last 10 days, according to various share statistics. A total of 417.90M shares are outstanding, with a floating share count of 415.36M. Insiders hold about 0.60% of the company’s shares, while institutions hold 98.34% stake in the company. Shares short for NWL as of 1752537600 were 32343970 with a Short Ratio of 3.57, compared to 1749772800 on 26199534. Therefore, it implies a Short% of Shares Outstanding of 32343970 and a Short% of Float of 12.590000000000002.
Dividends & Splits
In the trailing 12 months, NWL’s forward annual dividend rate was 0.28, compared to 0.28 this year. Against a Trailing Annual Dividend Yield of 0.049910873The stock’s 5-year Average Dividend Yield is 4.89.
