Newell Brands (NASDAQ:NWL) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Newell Brands (NASDAQ:NWL) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from $5.00 to $7.00 in a report released on Thursday,Benzinga reports. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s target price would suggest a potential upside of 33.84% from the company’s current price.

Several other equities research analysts have also recently weighed in on the stock. Barclays dropped their price target on shares of Newell Brands from $6.00 to $5.00 and set an “overweight” rating for the company in a research report on Tuesday, April 14th. Morgan Stanley lowered shares of Newell Brands from an “equal weight” rating to an “underweight” rating and decreased their price target for the stock from $4.00 to $3.50 in a research note on Wednesday, May 20th. Canaccord Genuity Group lifted their price objective on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Thursday, April 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Newell Brands in a research note on Friday, May 15th. Finally, Citigroup reaffirmed a “neutral” rating on shares of Newell Brands in a research report on Tuesday. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.12.

Newell Brands Stock Down 3.7%

NWL stock opened at $5.23 on Thursday. The company’s 50 day moving average is $4.60 and its 200 day moving average is $4.30. The company has a current ratio of 1.04, a quick ratio of 0.51 and a debt-to-equity ratio of 1.94. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of -7.81, a price-to-earnings-growth ratio of 6.67 and a beta of 0.87. Newell Brands has a 1-year low of $3.07 and a 1-year high of $6.64.

Newell Brands (NASDAQ:NWL) last released its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.04. The company had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.Newell Brands’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.01) EPS. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. Sell-side analysts predict that Newell Brands will post 0.57 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Bradford R. Turner sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total transaction of $360,000.00. Following the transaction, the insider directly owned 464,449 shares of the company’s stock, valued at approximately $1,672,016.40. This trade represents a 17.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $4.50, for a total value of $409,500.00. Following the transaction, the insider owned 867 shares in the company, valued at $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 202,750 shares of company stock valued at $812,396 over the last ninety days. 1.64% of the stock is owned by insiders.

Institutional Investors Weigh In On Newell Brands

Several large investors have recently modified their holdings of NWL. Quarry LP boosted its stake in shares of Newell Brands by 139.3% during the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after purchasing an additional 4,317 shares in the last quarter. Summit Securities Group LLC purchased a new stake in Newell Brands during the fourth quarter worth $30,000. Citizens Financial Group Inc. RI purchased a new stake in Newell Brands during the fourth quarter worth $39,000. HighPoint Advisor Group LLC bought a new stake in Newell Brands during the 4th quarter valued at $39,000. Finally, 111 Capital bought a new stake in Newell Brands during the 4th quarter valued at $39,000. Institutional investors own 92.50% of the company’s stock.

About Newell Brands

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.