Moreover, the 36-month beta value for NWL is 0.88. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for NWL is 414.41M and currently, short sellers hold a 2.79% of that float. On November 19, 2024, NWL’s average trading volume was 6.67M shares.
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NWL) stock’s latest price update
Newell Brands Inc (NASDAQ: NWL) has experienced a rise in its stock price by 1.02 compared to its previous closing price of 8.80. However, the company has seen a fall of -4.61% in its stock price over the last five trading days. prnewswire.com reported 2024-11-13 that The Revolutionary Design Blends the Comfort of Breastfeeding with the Convenience of a Bottle for a Natural Feeding Experience ATLANTA, Nov. 13, 2024 /PRNewswire/ — NUK®, the #1 hospital-trusted brand for feeding1, introduces the Perfect Match™ 2-in-1 Natural + Anti-Colic Bottle, engineered to deliver a seamless transition between breast and bottle feeding. Featuring a super-soft, skin-like silicone nipple, the Perfect Match bottle adapts to each baby’s unique palate, mimicking the natural shape and feel of a mother’s breast for a stress-free feeding experience that supports your breastfeeding journey from start to finish.
NWL’s Market Performance
Newell Brands Inc (NWL) has experienced a -4.61% fall in stock performance for the past week, with a 12.96% rise in the past month, and a 21.12% rise in the past quarter. The volatility ratio for the week is 3.17%, and the volatility levels for the past 30 days are at 4.37% for NWL. The simple moving average for the past 20 days is 1.71% for NWL’s stock, with a 18.08% simple moving average for the past 200 days.
Analysts’ Opinion of NWL
Many brokerage firms have already submitted their reports for NWL stocks, with UBS repeating the rating for NWL by listing it as a “Neutral.” The predicted price for NWL in the upcoming period, according to UBS is $8.50 based on the research report published on February 16, 2024 of the current year 2024.
Truist gave a rating of “Hold” to NWL, setting the target price at $8 in the report published on October 30th of the previous year.
NWL Trading at 11.40% from the 50-Day Moving Average
After a stumble in the market that brought NWL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.11% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +15.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.21% upper at present.
During the last 5 trading sessions, NWL fell by -4.61%, which changed the moving average for the period of 200-days by +6.85% in comparison to the 20-day moving average, which settled at $8.74. In addition, Newell Brands Inc saw 2.42% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NWL starting from Turner Bradford R, who sale 20,000 shares at the price of $8.96 back on Nov 05 ’24. After this action, Turner Bradford R now owns 230,254 shares of Newell Brands Inc, valued at $179,200 using the latest closing price.
Turner Bradford R, the Officer of Newell Brands Inc, proposed sale 20,000 shares at $8.96 during a trade that took place back on Nov 05 ’24, which means that Turner Bradford R is holding shares at $179,200 based on the most recent closing price.
Stock Fundamentals for NWL
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.33 for the gross margin
The net margin for Newell Brands Inc stands at -0.03. The total capital return value is set at 0.03. Equity return is now at value -8.29, with -2.04 for asset returns.
Based on Newell Brands Inc (NWL), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.73. The interest coverage ratio of the stock is 0.97.
Currently, EBITDA for the company is 107.0 million with net debt to EBITDA at 8.81. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 8.28for trailing twelve months and the total asset turnover is 0.65. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
To wrap up, the performance of Newell Brands Inc (NWL) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
