UBS Group Has Lowered Expectations for Newell Brands (NASDAQ:NWL) Stock Price

Newell Brands (NASDAQ:NWL) had its target price cut by research analysts at UBS Group from $5.50 to $4.00 in a research note issued on Tuesday, MarketBeat reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target would indicate a potential upside of 6.38% from the stock’s current price.

NWL has been the subject of several other reports. Weiss Ratings restated a “sell (d)” rating on shares of Newell Brands in a research report on Tuesday, November 25th. Morgan Stanley reissued a “hold” rating and set a $4.25 target price on shares of Newell Brands in a research note on Monday, November 3rd. Citigroup reduced their price target on shares of Newell Brands from $5.50 to $3.50 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. JPMorgan Chase & Co. decreased their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Finally, Royal Bank Of Canada dropped their price objective on shares of Newell Brands from $8.00 to $4.50 and set a “sector perform” rating for the company in a research note on Monday, November 3rd. Four investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $5.69.

Newell Brands Price Performance

Shares of NASDAQ:NWL opened at $3.76 on Tuesday. The firm has a 50 day moving average of $4.23 and a 200-day moving average of $5.13. Newell Brands has a 12 month low of $3.07 and a 12 month high of $11.78. The company has a current ratio of 1.14, a quick ratio of 0.57 and a debt-to-equity ratio of 1.68. The stock has a market capitalization of $1.58 billion, a PE ratio of -62.66 and a beta of 0.90.

Newell Brands (NASDAQ:NWL) last posted its quarterly earnings results on Friday, October 31st. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). Newell Brands had a positive return on equity of 8.64% and a negative net margin of 0.33%.The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.88 billion. During the same quarter in the prior year, the business posted $0.16 EPS. The business’s revenue was down 7.2% on a year-over-year basis. Newell Brands has set its FY 2025 guidance at 0.560-0.600 EPS and its Q4 2025 guidance at 0.160-0.200 EPS. On average, equities research analysts predict that Newell Brands will post 0.72 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Hussman Strategic Advisors Inc. bought a new stake in Newell Brands during the second quarter valued at $567,000. Russell Investments Group Ltd. lifted its stake in shares of Newell Brands by 6.6% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,953,832 shares of the company’s stock valued at $21,354,000 after purchasing an additional 244,584 shares during the period. SG Americas Securities LLC boosted its position in shares of Newell Brands by 388.8% during the 2nd quarter. SG Americas Securities LLC now owns 590,162 shares of the company’s stock valued at $3,187,000 after purchasing an additional 469,427 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Newell Brands by 37.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 197,721 shares of the company’s stock valued at $1,155,000 after purchasing an additional 54,320 shares in the last quarter. Finally, CM Management LLC acquired a new stake in Newell Brands during the first quarter worth approximately $310,000. 92.50% of the stock is owned by institutional investors.

Newell Brands Company Profile

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.