In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Newell Brands Inc’s stock clocked out at $6.56, up 0.77% from its previous closing price of $6.51. In other words, the price has increased by $0.77 from its previous closing price. On the day, 6.52 million shares were traded. NWL stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $6.42.
Ratios:
To gain a deeper understanding of NWL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.52. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 2730272000 and an Enterprise Value of 7719271936. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 1.018 whereas that against EBITDA is 9.092.
Stock Price History:
The Beta on a monthly basis for NWL is 0.81, which has changed by -0.14805198 over the last 52 weeks, in comparison to a change of 0.08275449 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 $5.39. The 50-Day Moving Average of the stock is -19.92%, while the 200-Day Moving Average is calculated to be -18.43%.
Shares Statistics:
It appears that NWL traded 8.51M shares on average per day over the past three months and 8811110 shares per day over the past ten days. A total of 416.10M shares are outstanding, with a floating share count of 414.25M. Insiders hold about 0.47% of the company’s shares, while institutions hold 95.33% stake in the company. Shares short for NWL as of 1740700800 were 18682971 with a Short Ratio of 2.20, compared to 1738281600 on 13484846. Therefore, it implies a Short% of Shares Outstanding of 18682971 and a Short% of Float of 7.6499999999999995.
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 0.043010753The stock’s 5-year Average Dividend Yield is 4.99.
