Newell Brands Inc. (NASDAQ:NWL) Given Average Recommendation of “Hold” by Analysts

Shares of Newell Brands Inc. (NASDAQ:NWL) have received a consensus rating of “Hold” from the ten ratings firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $5.7222.

Several research firms recently issued reports on NWL. JPMorgan Chase & Co. dropped their price target on Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Royal Bank Of Canada dropped their target price on shares of Newell Brands from $8.00 to $4.50 and set a “sector perform” rating on the stock in a report on Monday, November 3rd. UBS Group reduced their price target on shares of Newell Brands from $5.50 to $4.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 2nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Newell Brands in a research report on Monday, December 29th. Finally, Canaccord Genuity Group cut their target price on shares of Newell Brands from $9.00 to $7.00 and set a “buy” rating on the stock in a report on Monday, November 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in NWL. Caitong International Asset Management Co. Ltd bought a new stake in Newell Brands in the second quarter valued at $35,000. Parallel Advisors LLC increased its holdings in shares of Newell Brands by 194.3% in the 2nd quarter. Parallel Advisors LLC now owns 8,067 shares of the company’s stock worth $44,000 after acquiring an additional 5,326 shares during the period. Summit Global Investments acquired a new stake in shares of Newell Brands in the 2nd quarter worth about $54,000. HB Wealth Management LLC bought a new stake in Newell Brands in the 2nd quarter valued at about $55,000. Finally, Forum Financial Management LP acquired a new position in Newell Brands during the 3rd quarter valued at about $54,000. 92.50% of the stock is currently owned by institutional investors.

Newell Brands Stock Performance

Shares of Newell Brands stock opened at $4.21 on Monday. The company has a debt-to-equity ratio of 1.68, a quick ratio of 0.57 and a current ratio of 1.14. Newell Brands has a 1 year low of $3.07 and a 1 year high of $10.85. The firm’s 50-day simple moving average is $3.60 and its 200-day simple moving average is $4.82. The firm has a market cap of $1.76 billion, a PE ratio of -70.15 and a beta of 0.89.

Newell Brands (NASDAQ:NWL) last announced its quarterly earnings data on Friday, October 31st. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.01). Newell Brands had a negative net margin of 0.33% and a positive return on equity of 8.64%. The firm had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the prior year, the firm earned $0.16 earnings per share. The firm’s quarterly revenue was down 7.2% compared to the same quarter last year. 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. Equities analysts forecast that Newell Brands will post 0.72 earnings per share for the current fiscal year.

Newell Brands Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Friday, November 28th were issued a $0.07 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.28 annualized dividend and a dividend yield of 6.7%. Newell Brands’s dividend payout ratio (DPR) is -466.67%.

Newell Brands Company Profile

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.