The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Newell Brands Inc (NASDAQ: NWL) closed at $4.78 down -7.54% from its previous closing price of $5.17. In other words, the price has decreased by -$7.54 from its previous closing price. On the day, 14.85 million shares were traded. NWL stock price reached its highest trading level at $4.92 during the session, while it also had its lowest trading level at $4.49.
Ratios:
For a deeper understanding of Newell Brands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.42. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1996491392 and an Enterprise Value of 7140753920. 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 0.72. Its current Enterprise Value per Revenue stands at 0.942 whereas that against EBITDA is 8.411.
Stock Price History:
The Beta on a monthly basis for NWL is 0.90, which has changed by -0.37434554 over the last 52 weeks, in comparison to a change of 0.09969199 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 -19.16%, while the 200-Day Moving Average is calculated to be -39.13%.
Shares Statistics:
For the past three months, NWL has traded an average of 10.11M shares per day and 9209500 over the past ten days. 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 94.93% stake in the company. Shares short for NWL as of 1744675200 were 23698435 with a Short Ratio of 2.34, compared to 1741910400 on 22612679. Therefore, it implies a Short% of Shares Outstanding of 23698435 and a Short% of Float of 9.22.
Dividends & Splits
According to the company, the forward annual dividend rate for NWL is 0.28, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 4.95.
