Newell Brands Inc (NWL) concluded trading on Wednesday at a closing price of $6.93, with 12.07 million shares of worth about $83.63 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -5.46% during that period and on February 19, 2025 the price saw a gain of about 0.87%. Currently the company’s common shares owned by public are about 416.20M shares, out of which, 414.44M shares are available for trading.
Stock saw a price change of -5.46% in past 5 days and over the past one month there was a price change of -31.52%. Year-to-date (YTD), NWL shares are showing a performance of -30.42% which decreased to -13.38% 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 6.72 million. The stock is currently trading -22.14% below its 20-day simple moving average (SMA20), while that difference is down -28.88% for SMA50 and it goes to -15.32% lower than SMA200.
Newell Brands Inc (NASDAQ: NWL) currently have 416.20M outstanding shares and institutions hold larger chunk of about 95.16% of that.
The stock has a current market capitalization of $2.88B and its 3Y-monthly beta is at 0.80. It has posted earnings per share of -$0.52 in the same period. It has Quick Ratio of 0.56 while making debt-to-equity ratio of 1.82. 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 2.96% while standing at 4.31% over the month.
Stock’s fiscal year EPS is expected to rise by 7.65% while it is estimated to increase by 17.79% in next year.
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.
