Newell Brands Inc’s Market Journey: Closing Strong at 10.19, Up 0.20

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The closing price of Newell Brands Inc (NASDAQ: NWL) was $10.19 for the day, up 0.20% from the previous closing price of $10.17. In other words, the price has increased by $0.20 from its previous closing price. On the day, 4.88 million shares were traded. NWL stock price reached its highest trading level at $10.29 during the session, while it also had its lowest trading level at $10.05.

Ratios:

Our analysis of NWL’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.81. 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, Truist on December 09, 2024, Upgraded its rating to Buy and sets its target price to $17 from $10 previously.

On November 20, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $8 to $10.

UBS Downgraded its Buy to Neutral on February 16, 2024, whereas the target price for the stock was revised from $10 to $8.50.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 4239039744 and an Enterprise Value of 9287319552. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 1.48. Its current Enterprise Value per Revenue stands at 1.205 whereas that against EBITDA is 10.03.

Stock Price History:

Over the past 52 weeks, NWL has reached a high of $11.78, while it has fallen to a 52-week low of $5.39. The 50-Day Moving Average of the stock is 8.80%, while the 200-Day Moving Average is calculated to be 29.76%.

Shares Statistics:

NWL traded an average of 5.90M shares per day over the past three months and 5731590 shares per day over the past ten days. A total of 416.00M shares are outstanding, with a floating share count of 414.41M. Insiders hold about 0.38% of the company’s shares, while institutions hold 92.39% stake in the company. Shares short for NWL as of 1732838400 were 10266549 with a Short Ratio of 2.12, compared to 1730332800 on 11565496. Therefore, it implies a Short% of Shares Outstanding of 10266549 and a Short% of Float of 4.21.

Dividends & Splits

With its trailing 12-month dividend rate of 0.28, NWL has a forward annual dividend rate of 0.28. Against a Trailing Annual Dividend Yield of 0.027531957The stock’s 5-year Average Dividend Yield is 5.08.

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