Newell Brands Inc (NASDAQ:NWL) has a beta value of 0.99 and has seen 0.42 million shares traded in the recent trading session. The company, currently valued at $1.92B, closed the recent trade at $4.59 per share which meant it gained $0.04 on the day or 0.77% during that session. The NWL stock price is -156.64% off its 52-week high price of $11.78 and 8.06% above the 52-week low of $4.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 10.96 million shares traded. The 3-month trading volume is 9.76 million shares.
The consensus among analysts is that Newell Brands Inc (NWL) is Hold stock at the moment, with a recommendation rating of 2.46. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 11 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.07.
Newell Brands Inc (NASDAQ:NWL) trade information
Sporting 0.77% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NWL stock price touched $4.59 or saw a rise of 8.2%. Year-to-date, Newell Brands Inc shares have moved -53.97%, while the 5-day performance has seen it change -8.12%. Over the past 30 days, the shares of Newell Brands Inc (NASDAQ:NWL) have changed -28.91%. Short interest in the company has seen 23.06 million shares shorted with days to cover at 2.75.
Wall Street analysts have a consensus price target for the stock at $11.5, which means that the shares’ value could jump 60.09% from the levels at last check today.. The projected low price target is $9.5 while the price target rests at a high of $17.0. In that case, then, we find that the latest price level in today’s session is -270.37% off the targeted high while a plunge would see the stock gain -106.97% from the levels at last check today..
Newell Brands Inc (NWL) estimates and forecasts
The company’s shares have lost -40.30% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -2.89%.
9 analysts offering their estimates for the company have set an average revenue estimate of 1.54B for the current quarter. 9 have an estimated revenue figure of 1.96B for the next ending quarter. Year-ago sales stood 1.65B and 2.03B respectively for this quarter and the next, and analysts expect sales will shrink by -6.59% for the current quarter and -2.89% for the next.
Earnings growth for 2025 is a modest 0.67% while over the next 5 years, the company’s earnings are expected to increase by 10.10%.
NWL Dividends
Newell Brands Inc is expected to release its next earnings report on 2025-Feb-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.28 at a share yield of 6.11%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.95%.
Newell Brands Inc (NASDAQ:NWL)’s Major holders
Insiders own 0.41% of the company shares, while shares held by institutions stand at 96.92% with a share float percentage of 97.32%. Investors are also buoyed by the number of investors in a company, with Newell Brands Inc having a total of 561.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 69.06 million shares worth more than $442.66 million. As of 2024-06-30, BLACKROCK INC. held 16.6324% of shares outstanding.
The other major institutional holder is PZENA INVESTMENT MANAGEMENT LLC, with the holding of over 52.48 million shares as of 2024-06-30. The firm’s total holdings are worth over $336.39 million and represent 12.6395% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Mar 31, 2025 , the former fund manager holds about 6.10% shares in the company for having 25.8 shares of worth $118.8 million while later fund manager owns 13.12 shares of worth $60.4 million as of Dec 31, 2024 , which makes it owner of about 3.10% of company’s outstanding stock.
