During the recent session, Newell Brands Inc (NASDAQ:NWL)’s traded shares were 0.74 million, with the beta value of the company hitting 0.81. At the last check today, the stock’s price was $6.55, reflecting an intraday loss of -2.02% or -$0.14. The 52-week high for the NWL share is $11.78, that puts it down -79.85 from that peak though still a striking 17.71% gain since the share price plummeted to a 52-week low of $5.39. The company’s market capitalization is $2.73B, and the average trade volume was 8.25 million shares over the past three months.
Newell Brands Inc (NWL) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.46. NWL has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.07.
Newell Brands Inc (NASDAQ:NWL) trade information
Newell Brands Inc (NWL) registered a -2.02% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.02% in intraday trading to $6.55, hitting a weekly high. The stock’s 5-day price performance is 2.10%, and it has moved by -32.42% in 30 days. Based on these gigs, the overall price performance for the year is -11.78%.
The consensus price target of analysts on Wall Street is $11.5, which implies an increase of 43.04% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.5 and $17 respectively. As a result, NWL is trading at a discount of -159.54% off the target high and -45.04% off the low.
Newell Brands Inc (NWL) estimates and forecasts
In the rating firms’ projections, revenue will decrease -2.92% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.54B as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 1.96B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.65B and 2.03B respectively. In this case, analysts expect current quarter sales to shrink by -6.78% and then drop by -3.48% in the coming quarter.
While earnings are projected to return 7.64% in 2025, the next five years will return 14.46% per annum.
NWL Dividends
Newell Brands Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Newell Brands Inc is 0.28, with the dividend yield indicating at 4.27 percent, continuing the trend of increasing dividends in recent years.
Newell Brands Inc (NASDAQ:NWL)’s Major holders
The next largest institutional holding, with 52.48 million shares, is of PZENA INVESTMENT MANAGEMENT LLC’s that is approximately 12.6395% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $336.39 million.
Also, the Mutual Funds coming in first place with the largest holdings of Newell Brands Inc (NWL) shares are iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund. Data provided on Dec 31, 2024 indicates that iShares Core S&P Smallcap ETF owns about 26.84 shares. This amounts to just over 6.35 percent of the company’s overall shares, with a $175.61 million market value. The same data shows that the other fund manager holds slightly less at 12.46, or about 2.95% of the stock, which is worth about $81.55 million.
