While Newell Brands Inc has overperformed by 1.04%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, NWL rose by 38.12%, with highs and lows ranging from $11.58 to $5.39, whereas the simple moving average jumped by 51.24% in the last 200 days.
On December 09, 2024, Truist Upgraded Newell Brands Inc (NASDAQ: NWL) to Buy. A report published by Barclays on November 20, 2024, Upgraded its rating to ‘Overweight’ for NWL. UBS also Downgraded NWL shares as ‘Neutral’, setting a target price of $8.50 on the company’s shares in a report dated February 16, 2024. Truist October 30, 2023d its ‘Buy’ rating to ‘Hold’ for NWL, as published in its report on October 30, 2023. JP Morgan’s report from October 30, 2023 suggests a price prediction of $7 for NWL shares, giving the stock a ‘Neutral’ rating. Raymond James also rated the stock as ‘Outperform’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Newell Brands Inc (NWL)
NWL currently pays a dividend of $0.28 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -4.93%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Newell Brands Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -8.29% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.50, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 6.88M can be a very valuable indicator of volatility for NWL stock. On a monthly basis, the volatility of the stock is set at 3.67%, whereas on a weekly basis, it is put at 4.92%, with a gain of 19.77% over the past seven days. Furthermore, long-term investors anticipate a median target price of $10.36, showing decline from the present price of $11.63, which can serve as yet another indication of whether NWL is worth investing in or should be passed over.
How Do You Analyze Newell Brands Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.38%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.42% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
NWL shares are owned by institutional investors to the tune of 92.42% at present.
