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After finishing at $4.73 in the prior trading day, Newell Brands Inc (NASDAQ: NWL) closed at $4.63, down -2.11%. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 8.46 million shares were traded. NWL stock price reached its highest trading level at $4.8 during the session, while it also had its lowest trading level at $4.55.
Ratios:
Our goal is to gain a better understanding of NWL by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.16. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 1.86 whereas as Long-Term Debt/Eq ratio is at 1.79.
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:
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 1933839872 and an Enterprise Value of 6916005888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.912 whereas that against EBITDA is 8.146.
Stock Price History:
The Beta on a monthly basis for NWL is 0.94, which has changed by -0.3299566 over the last 52 weeks, in comparison to a change of 0.05279863 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 -27.75%, while the 200-Day Moving Average is calculated to be -41.44%.
Shares Statistics:
The stock has traded on average 9.62M shares per day over the past 3-months and 11909530 shares per day over the last 10 days, according to various share statistics. A total of 416.10M shares are outstanding, with a floating share count of 415.72M. Insiders hold about 0.47% of the company’s shares, while institutions hold 95.18% stake in the company. Shares short for NWL as of 1743379200 were 23061896 with a Short Ratio of 2.40, compared to 1740700800 on 18682971. Therefore, it implies a Short% of Shares Outstanding of 23061896 and a Short% of Float of 8.9700006.
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 0.059196617The stock’s 5-year Average Dividend Yield is 4.95.
