In today’s recent session, 1.52 million shares of the Newell Brands Inc (NASDAQ:NWL) have been traded, and its beta is 0.94. Most recently the company’s share price was $5.64, and it changed around $0.4 or 7.63% from the last close, which brings the market valuation of the company to $2.36B. NWL at last check was trading at a discount to its 52-week high of $11.78, offering almost -108.87% off that amount. The share price’s 52-week low was $4.22, which indicates that the recent value has risen by an impressive 25.18% since then.
Newell Brands Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.36. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 9 recommended NWL as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
Newell Brands Inc (NASDAQ:NWL) trade information
Instantly NWL has been showing a green trend so far today with a performance of 7.63% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 5.79 on recent trading dayincreased the stock’s daily price by 2.59%. The company’s shares are currently down -43.37% year-to-date, but still up 0.53% over the last five days. On the other hand, Newell Brands Inc (NASDAQ:NWL) is -5.53% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $17, which translates to bulls needing to increase their stock price by 66.82% from its current value. Analyst projections state that NWL is forecast to be at a low of $9 and a high of $28.
Newell Brands Inc earnings are expected to increase by 0.97% in 2025, but the outlook is positive 6.74% per year for the next five years.
NWL Dividends
Newell Brands Inc’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 4.96 percent and its annual dividend per share was 0.28. It is important to note, however, that the 4.96% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
PZENA INVESTMENT MANAGEMENT LLC, with 12.6395% or 52.48 million shares worth $336.39 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
