Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Newell Brands Inc (NASDAQ: NWL) closed at $5.23 down -0.95% from its previous closing price of $5.28. In other words, the price has decreased by -$0.95% from its previous closing price. On the day, 9.56 million shares were traded. NWL stock price reached its highest trading level at $5.3599 during the session, while it also had its lowest trading level at $5.16.
Ratios:
For a deeper understanding of Newell Brands Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 2.03 whereas as Long-Term Debt/Eq ratio is at 1.84.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2184445440 and an Enterprise Value of 7534571008. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.29 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.005 whereas that against EBITDA is 9.078.
Stock Price History:
The Beta on a monthly basis for NWL is 0.94, which has changed by -0.18025076 over the last 52 weeks, in comparison to a change of 0.11213791 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 -1.49%, while the 200-Day Moving Average is calculated to be -30.40%.
Shares Statistics:
For the past three months, NWL has traded an average of 9.87M shares per day and 10207520 over the past ten days. A total of 417.70M shares are outstanding, with a floating share count of 415.60M. Insiders hold about 0.50% of the company’s shares, while institutions hold 98.43% stake in the company. Shares short for NWL as of 1748563200 were 26424791 with a Short Ratio of 2.68, compared to 1745971200 on 24960193. Therefore, it implies a Short% of Shares Outstanding of 26424791 and a Short% of Float of 10.280000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for NWL is 0.28, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0530303The stock’s 5-year Average Dividend Yield is 4.91.
