Newell Brands Inc (NWL) concluded trading on Thursday at a closing price of $10.19, with 4.88 million shares of worth about $49.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 62.26% during that period and on December 26, 2024 the price saw a gain of about 0.20%. Currently the company’s common shares owned by public are about 416.00M shares, out of which, 414.41M shares are available for trading.
Stock saw a price change of 0.59% in past 5 days and over the past one month there was a price change of 5.93%. Year-to-date (YTD), NWL shares are showing a performance of 17.40% which increased to 17.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $5.39 but also hit the highest price of $11.78 during that period. The average intraday trading volume for Newell Brands Inc shares is 5.90 million. The stock is currently trading -1.92% below its 20-day simple moving average (SMA20), while that difference is up 8.80% for SMA50 and it goes to 29.76% higher than SMA200.
Newell Brands Inc (NASDAQ: NWL) currently have 416.00M outstanding shares and institutions hold larger chunk of about 92.39% of that.
The stock has a current market capitalization of $4.24B and its 3Y-monthly beta is at 0.89. It has posted earnings per share of -$0.60 in the same period. It has Quick Ratio of 0.50 while making debt-to-equity ratio of 1.92. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NWL, volatility over the week remained 3.37% while standing at 3.83% over the month.
Stock’s fiscal year EPS is expected to drop by -16.41% while it is estimated to increase by 16.14% in next year. EPS is likely to shrink at an annualized rate of -2.61% for next 5-years, compared to annual growth of 43.59% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Truist on December 09, 2024 offering a Buy rating for the stock and assigned a target price range of between $10 and $17 to it. Coverage by Barclays stated Newell Brands Inc (NWL) stock as an Overweight in their note to investors on November 20, 2024, suggesting a price target of $10 for the stock. Stock get a Hold rating from Truist on October 30, 2023.
