Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Newell Brands Inc (NASDAQ: NWL) closed the day trading at $8.74 down -0.57% from the previous closing price of $8.79. In other words, the price has decreased by -$0.57 from its previous closing price. On the day, 4.95 million shares were traded. NWL stock price reached its highest trading level at $8.98 during the session, while it also had its lowest trading level at $8.69.
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 7.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.12. 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, 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:
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 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 3652463616 and an Enterprise Value of 8761839616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 1.137 whereas that against EBITDA is 9.462.
Stock Price History:
Over the past 52 weeks, NWL has reached a high of $9.68, while it has fallen to a 52-week low of $5.39. The 50-Day Moving Average of the stock is 14.48%, while the 200-Day Moving Average is calculated to be 16.51%.
Shares Statistics:
Over the past 3-months, NWL traded about 6.82M shares per day on average, while over the past 10 days, NWL traded about 8683310 shares per day. A total of 416.00M shares are outstanding, with a floating share count of 414.40M. Insiders hold about 0.39% of the company’s shares, while institutions hold 96.66% stake in the company. Shares short for NWL as of 1728950400 were 17655925 with a Short Ratio of 2.59, compared to 1726185600 on 24243846. Therefore, it implies a Short% of Shares Outstanding of 17655925 and a Short% of Float of 7.239999599999999.
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 0.03185438The stock’s 5-year Average Dividend Yield is 5.11.
