The stock of Newell Brands Inc (NWL) has seen a 3.64% increase in the past week, with a 27.02% gain in the past month, and a 25.79% flourish in the past quarter. The volatility ratio for the week is 3.38%, and the volatility levels for the past 30 days are at 4.35% for NWL. The simple moving average for the past 20 days is 1.46% for NWL’s stock, with a 20.87% simple moving average for the past 200 days.
Is It Worth Investing in Newell Brands Inc (NASDAQ: NWL) Right Now?
NWL has 36-month beta value of 0.88. Analysts have mixed views on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 11 as “hold,” and 0 as “sell.”
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The public float for NWL is 414.41M, and currently, short sellers hold a 2.79% ratio of that float. The average trading volume of NWL on November 25, 2024 was 6.77M shares.
NWL) stock’s latest price update
Newell Brands Inc (NASDAQ: NWL) has seen a rise in its stock price by 2.01 in relation to its previous close of 8.94. However, the company has experienced a 3.64% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-11-20 that ATLANTA–(BUSINESS WIRE)–Newell Brands Inc. (NASDAQ: NWL) announced today that President and Chief Executive Officer, Chris Peterson, and Chief Financial Officer, Mark Erceg, will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference at 8:45 a.m. ET on Wednesday, December 4, 2024. The fireside chat will be webcast and may be accessed by selecting Events & Presentations from the Investors tab of the Newell Brands website at www.newellbrands.com. The we.
Analysts’ Opinion of NWL
Many brokerage firms have already submitted their reports for NWL stocks, with Barclays repeating the rating for NWL by listing it as a “Overweight.” The predicted price for NWL in the upcoming period, according to Barclays is $10 based on the research report published on November 20, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see NWL reach a price target of $8.50, previously predicting the price at $10. The rating they have provided for NWL stocks is “Neutral” according to the report published on February 16th, 2024.
NWL Trading at 12.56% 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 -5.74% of loss for the given period.
Volatility was left at 4.35%, however, over the last 30 days, the volatility rate increased by 3.38%, as shares surge +4.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.48% upper at present.
During the last 5 trading sessions, NWL rose by +3.64%, which changed the moving average for the period of 200-days by +7.93% in comparison to the 20-day moving average, which settled at $8.99. In addition, Newell Brands Inc saw 5.07% 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 1.14. 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 put it simply, Newell Brands Inc (NWL) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
