Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

The price of Newell Brands Inc (NASDAQ: NWL) closed at $5.91 in the last session, up 0.85% from day before closing price of $5.86. In other words, the price has increased by $0.85 from its previous closing price. On the day, 6.25 million shares were traded. NWL stock price reached its highest trading level at $6.11 during the session, while it also had its lowest trading level at $5.86.

Ratios:

We take a closer look at NWL’s different ratios to gain a better understanding of the stock. 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:

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 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 2489528320 and an Enterprise Value of 7605579776. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.015 whereas that against EBITDA is 9.163.

Stock Price History:

The Beta on a monthly basis for NWL is 0.94, which has changed by -0.0498392 over the last 52 weeks, in comparison to a change of 0.11844492 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 7.85%, while the 200-Day Moving Average is calculated to be -20.28%.

Shares Statistics:

According to the various share statistics, NWL traded on average about 9.87M shares per day over the past 3-months and 8639410 shares per day over the past 10 days. A total of 417.70M shares are outstanding, with a floating share count of 415.21M. Insiders hold about 0.60% of the company’s shares, while institutions hold 98.40% stake in the company. Shares short for NWL as of 1749772800 were 26199534 with a Short Ratio of 2.65, compared to 1747267200 on 24291448. Therefore, it implies a Short% of Shares Outstanding of 26199534 and a Short% of Float of 10.2.

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 0.047781568The stock’s 5-year Average Dividend Yield is 4.9.

Earnings Estimates

The current assessment of Newell Brands Inc (NWL) involves the perspectives of 11.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.26, with high estimates of $0.31 and low estimates of $0.24.

Analysts are recommending an EPS of between $0.75 and $0.6 for the fiscal current year, implying an average EPS of $0.69. EPS for the following year is $0.79, with 10.0 analysts recommending between $0.92 and $0.61.

Revenue Estimates

According to 9 analysts, the current quarter’s revenue is expected to be $1.95B. It ranges from a high estimate of $1.96B to a low estimate of $1.92B. As of the current estimate, Newell Brands Inc’s year-ago sales were $2.03BFor the next quarter, 9 analysts are estimating revenue of $1.9B. There is a high estimate of $1.92B for the next quarter, whereas the lowest estimate is $1.87B.

A total of 10 analysts have provided revenue estimates for NWL’s current fiscal year. The highest revenue estimate was $7.43B, while the lowest revenue estimate was $7.29B, resulting in an average revenue estimate of $7.35B. In the same quarter a year ago, actual revenue was $7.58BBased on 10 analysts’ estimates, the company’s revenue will be $7.46B in the next fiscal year. The high estimate is $7.53B and the low estimate is $7.34B.