Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $5.95 in the prior trading day, Newell Brands Inc (NASDAQ: NWL) closed at $5.72, down -3.87%. In other words, the price has decreased by -$3.87 from its previous closing price. On the day, 8.47 million shares were traded. NWL stock price reached its highest trading level at $5.95 during the session, while it also had its lowest trading level at $5.67.
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 0.54 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:
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 2389106688 and an Enterprise Value of 7739244032. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.89. Its current Enterprise Value per Revenue stands at 1.033 whereas that against EBITDA is 9.324.
Stock Price History:
The Beta on a monthly basis for NWL is 0.95, which has changed by -0.31497008 over the last 52 weeks, in comparison to a change of 0.16821623 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 2.09%, while the 200-Day Moving Average is calculated to be -21.71%.
Shares Statistics:
The stock has traded on average 9.14M shares per day over the past 3-months and 6183380 shares per day over the last 10 days, according to various share statistics. 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 98.34% stake in the company. Shares short for NWL as of 1752537600 were 32343970 with a Short Ratio of 3.54, 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 0.047058824The stock’s 5-year Average Dividend Yield is 4.9.
Earnings Estimates
Newell Brands Inc (NWL) is presently subject to a detailed evaluation by 11.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is $0.27, with high estimates of $0.31 and low estimates of $0.24.
Analysts are recommending an EPS of between $0.75 and $0.63 for the fiscal current year, implying an average EPS of $0.7. EPS for the following year is $0.8, with 10.0 analysts recommending between $0.92 and $0.61.
Revenue Estimates
9 analysts predict $1.95B in revenue for the current quarter. It ranges from a high estimate of $1.97B to a low estimate of $1.94B. 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 $7.36B. 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 $7.54B and the low estimate is $7.34B.
