A share price of Newell Brands Inc [NWL] is currently trading at $10.41, up 2.46%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NWL shares have gain 4.31% over the last week, with a monthly amount glided 5.05%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Newell Brands Inc [NASDAQ: NWL] stock has seen the most recent analyst activity on December 09, 2024, when Truist upgraded its rating to a Buy and also boosted its price target to $17 from $10. Previously, Barclays upgraded its rating to Overweight on November 20, 2024, and elevated its price target to $10. On February 16, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $8.50 on the stock. Raymond James downgraded its rating to a Mkt Perform. Truist downgraded its rating to a Hold and reduced its price target to $8 on October 30, 2023. JP Morgan downgraded its rating to Neutral for this stock on October 30, 2023, and downed its price target to $7. In a note dated October 23, 2023, Raymond James downgraded an Outperform rating on this stock and revised its target price from $13 to $10.
Newell Brands Inc experienced fluctuations in its stock price throughout the past year between $5.39 and $11.78. Currently, Wall Street analysts expect the stock to reach $11.7 within the next 12 months. Newell Brands Inc [NASDAQ: NWL] shares were valued at $10.41 at the most recent close of the market. An investor can expect a potential return of 12.39% based on the average NWL price forecast.
Analyzing the NWL fundamentals
Trailing Twelve Months sales for Newell Brands Inc [NASDAQ:NWL] were 7.71B which represents -4.93% decline. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.08 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.12 points at the first support level, and at 9.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.57, and for the 2nd resistance point, it is at 10.72.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Newell Brands Inc [NASDAQ:NWL] is 0.99. Further, the Quick Ratio stands at 0.50, while the Cash Ratio is 0.15. Considering the valuation of this stock, the price to sales ratio is 0.56, the price to book ratio is 1.51.
Transactions by insiders
Recent insider trading involved Platt Tracy L, Chief Human Resources Officer, that happened on Dec 06 ’24 when 23343.0 shares were sold. Officer, Platt Tracy L completed a deal on Dec 06 ’24 to buy 23343.0 shares. Meanwhile, Chief Legal & Admin. Officer Turner Bradford R sold 20000.0 shares on Nov 05 ’24.
