Newell Brands Inc (NWL) concluded trading on Wednesday at a closing price of $10.29, with 4.16 million shares of worth about $42.77 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 16.93% during that period and on January 29, 2025 the price saw a loss of about -1.06%. Currently the company’s common shares owned by public are about 416.00M shares, out of which, 414.40M shares are available for trading.
Stock saw a price change of 1.28% in past 5 days and over the past one month there was a price change of 0.98%. Year-to-date (YTD), NWL shares are showing a performance of 3.31% which increased to 18.41% 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 5.49 million. The stock is currently trading 1.71% above its 20-day simple moving average (SMA20), while that difference is up 2.55% for SMA50 and it goes to 26.83% higher than SMA200.
Newell Brands Inc (NASDAQ: NWL) currently have 416.00M outstanding shares and institutions hold larger chunk of about 93.69% of that.
The stock has a current market capitalization of $4.28B 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 3.53% while standing at 3.29% over the month.
Stock’s fiscal year EPS is expected to drop by -16.44% while it is estimated to increase by 14.87% in next year. EPS is likely to shrink at an annualized rate of 5.94% 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.
