Newell Brands Inc (NASDAQ: NWL)’s stock price has increased by 3.83 compared to its previous closing price of 9.93. However, the company has seen a 7.51% increase in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-04 that Understand the significant growth trajectory of the Hard-Sided Coolers segment, which is expected to reach US$11.6 Billion by 2030 with a CAGR of a 14.5%. The Soft-Sided Coolers segment is also set to grow at 11.4% CAGR over the analysis period. Gain insights into the U.S. market, which was estimated at $2.0 Billion in 2023, and China, forecasted to grow at an impressive 17.0% CAGR to reach $4.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Understand the significant growth trajectory of the Hard-Sided Coolers segment, which is expected to reach US$11.6 Billion by 2030 with a CAGR of a 14.5%. The Soft-Sided Coolers segment is also set to grow at 11.4% CAGR over the analysis period. Gain insights into the U.S. market, which was estimated at $2.0 Billion in 2023, and China, forecasted to grow at an impressive 17.0% CAGR to reach $4.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Is It Worth Investing in Newell Brands Inc (NASDAQ: NWL) Right Now?
Additionally, the 36-month beta value for NWL is 0.90. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
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The public float for NWL is 414.41M and currently, short sellers hold a 2.73% ratio of that float. The average trading volume of NWL on December 09, 2024 was 6.78M shares.
NWL’s Market Performance
NWL’s stock has seen a 7.51% increase for the week, with a 16.89% rise in the past month and a 45.21% gain in the past quarter. The volatility ratio for the week is 3.54%, and the volatility levels for the past 30 days are at 3.48% for Newell Brands Inc The simple moving average for the last 20 days is 10.23% for NWL stock, with a simple moving average of 34.84% for the last 200 days.
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 20.80% 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 able to rebound, for now settling with 1.28% of gains for the given period.
Volatility was left at 3.48%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares surge +13.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.02% upper at present.
During the last 5 trading sessions, NWL rose by +7.51%, which changed the moving average for the period of 200-days by +37.10% in comparison to the 20-day moving average, which settled at $9.35. In addition, Newell Brands Inc saw 18.78% 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 Platt Tracy L, who sale 23,343 shares at the price of $10.31 back on Dec 06 ’24. After this action, Platt Tracy L now owns 0 shares of Newell Brands Inc, valued at $240,666 using the latest closing price.
Platt Tracy L, the Officer of Newell Brands Inc, proposed sale 23,343 shares at $10.31 during a trade that took place back on Dec 06 ’24, which means that Platt Tracy L is holding shares at $240,563 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 1.21. 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
In conclusion, Newell Brands Inc (NWL) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
