Newell Brands Inc (NASDAQ:NWL) currently has a daily average trading volume of 9.46M but it saw 9091388 shares traded in last market. With a market cap of 2.21B USD, the company’s current market price of $5.29 came falling about -1.49 while comparing to the previous closing price of $5.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.78 and as low as $4.22.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Truist which upgraded the stock as “Buy” in its note to investors issued on December 09, 2024, recommending a price target of between $10 and $17 for it. Barclays upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on November 20, 2024 while assigning a price target range of $8-$10. UBS issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $10 and $8.50.
Over the week, NWL’s stock price is moving -0.38% down while it is 3.73% when we observe its performance for the past one month. Year-to-date it is -46.89% down and over the past year, the stock is showing a downside performance of -31.48%.
The company is expected to be releasing its next quarterly report in July, for which analysts forecasted an EPS of 0.24 while estimate for next year EPS is 0.69. In next quarter, company is expected to be making quarterly sales of $1.9B as analysts are expecting the sales for current fiscal year at $7.35B and seeing the company making $7.46B in sales next year. Moreover, analysts are in estimates of $1.95B for current-quarter revenue.
Currently, Newell Brands Inc’s total number of outstanding shares is 417.70M with 0.41% of that held by the insiders while 101.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -3.19% and return on equity (ROE) at -8.46%. It has a 7.18 of forward P/E ratio. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 0.82 while price to sale or P/S ratio amounts to 0.29. Its return on asset (ROA) is -2.09% on average.
