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.
After finishing at $6.87 in the prior trading day, Newell Brands Inc (NASDAQ: NWL) closed at $6.93, up 0.87%. In other words, the price has increased by $0.87 from its previous closing price. On the day, 12.07 million shares were traded.
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 14.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.17. 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 1.82 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 1.01.
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 -28.88%, while the 200-Day Moving Average is calculated to be -15.32%.
Shares Statistics:
A total of 416.20M shares are outstanding, with a floating share count of 414.44M. Insiders hold about 0.42% of the company’s shares, while institutions hold 95.16% stake in the company.
