Several brokerages have updated their recommendations and price targets on shares of Newell Brands (NASDAQ: NWL) in the last few weeks:
- 2/10/2025 – Newell Brands had its price target lowered by analysts at Royal Bank of Canada from $9.50 to $9.00. They now have a “sector perform” rating on the stock.
- 2/10/2025 – Newell Brands had its price target lowered by analysts at Citigroup Inc. from $10.50 to $7.75. They now have a “neutral” rating on the stock.
- 2/10/2025 – Newell Brands had its price target lowered by analysts at Wells Fargo & Company from $11.00 to $9.00. They now have an “equal weight” rating on the stock.
- 2/10/2025 – Newell Brands had its price target lowered by analysts at Canaccord Genuity Group Inc. from $15.00 to $14.00. They now have a “buy” rating on the stock.
- 1/17/2025 – Newell Brands had its price target raised by analysts at Barclays PLC from $10.00 to $11.00. They now have an “overweight” rating on the stock.
- 1/16/2025 – Newell Brands had its price target raised by analysts at UBS Group AG from $9.50 to $10.50. They now have a “neutral” rating on the stock.
- 1/16/2025 – Newell Brands had its price target raised by analysts at JPMorgan Chase & Co. from $9.00 to $10.00. They now have a “neutral” rating on the stock.
- 1/7/2025 – Newell Brands had its price target raised by analysts at Wells Fargo & Company from $9.00 to $11.00. They now have an “equal weight” rating on the stock.
Newell Brands Stock Performance
NWL stock opened at $6.93 on Thursday. Newell Brands Inc. has a 1 year low of $5.39 and a 1 year high of $11.78. The stock has a market capitalization of $2.88 billion, a price-to-earnings ratio of -13.33, a PEG ratio of 0.99 and a beta of 0.89. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.56 and a current ratio of 1.14. The stock’s fifty day moving average is $9.59 and its two-hundred day moving average is $8.64.
Newell Brands (NASDAQ:NWL – Get Free Report) last released its quarterly earnings results on Friday, February 7th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. Newell Brands had a positive return on equity of 9.76% and a negative net margin of 2.85%. During the same quarter in the previous year, the firm earned $0.22 EPS. On average, research analysts predict that Newell Brands Inc. will post 0.72 EPS for the current year.
Newell Brands Announces Dividend
Insider Buying and Selling
In related news, insider Tracy L. Platt sold 23,343 shares of the company’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $10.31, for a total value of $240,666.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.61% of the company’s stock.
Institutional Trading of Newell Brands
Several large investors have recently added to or reduced their stakes in the company. Castlekeep Investment Advisors LLC purchased a new position in shares of Newell Brands during the fourth quarter valued at $33,000. Harvest Fund Management Co. Ltd acquired a new stake in Newell Brands during the 4th quarter worth about $46,000. Smartleaf Asset Management LLC grew its stake in Newell Brands by 140.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 7,912 shares of the company’s stock valued at $79,000 after acquiring an additional 4,617 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Newell Brands by 24.8% in the 4th quarter. Versant Capital Management Inc now owns 8,376 shares of the company’s stock valued at $83,000 after purchasing an additional 1,666 shares during the period. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Newell Brands in the third quarter worth approximately $70,000. 92.50% of the stock is owned by institutional investors and hedge funds.
Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.
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