Newell Brands Inc (NASDAQ: NWL) on Monday, plunged -0.14% from the previous trading day, before settling in for the closing price of $7.12. Within the past 52 weeks, NWL’s price has moved between $6.49 and $12.74.
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It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales slided by -3.92%. The company achieved an average annual earnings per share of -27.91%. With a float of $412.95 million, this company’s outstanding shares have now reached $414.30 million.
The extent of productivity of a business whose workforce counts for 24600 workers is very important to gauge.
Newell Brands Inc (NWL) Insider and Institutional Ownership
Observing investor behavior towards Household & Personal Products industry stocks is more important than anything else. The insider ownership of Newell Brands Inc is 0.33%, while institutional ownership is 96.00%. The most recent insider transaction that took place on Feb 23 ’24, was worth 148,600. In this transaction Chief Legal & Admin. Officer of this company sold 20,000 shares at a rate of $7.43, taking the stock ownership to the 169,813 shares. Before that another transaction happened on Oct 30 ’23, when Company’s Chief Legal & Admin. Officer sold 20,000 for $6.88, making the entire transaction worth $137,600. This insider now owns 152,363 shares in total.
Newell Brands Inc (NWL) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -27.91% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.76% during the next five years compared to 43.59% growth over the previous five years of trading.
Newell Brands Inc (NASDAQ: NWL) Trading Performance Indicators
Newell Brands Inc (NWL) is currently performing well based on its current performance indicators. A quick ratio of 0.63 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 4.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.94, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach 0.76 in one year’s time.
Technical Analysis of Newell Brands Inc (NWL)
The latest stats from [Newell Brands Inc, NWL] show that its last 5-days average volume of 3.03 million was inferior to 5.13 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 11.04%. Additionally, its Average True Range was 0.29.
During the past 100 days, Newell Brands Inc’s (NWL) raw stochastic average was set at 15.14%, which indicates a significant increase from 4.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.51% in the past 14 days, which was lower than the 54.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.62, while its 200-day Moving Average is $8.46. Now, the first resistance to watch is $7.25. This is followed by the second major resistance level at $7.39. The third major resistance level sits at $7.48. If the price goes on to break the first support level at $7.02, it is likely to go to the next support level at $6.93. The third support level lies at $6.79 if the price breaches the second support level.
Newell Brands Inc (NASDAQ: NWL) Key Stats
Market capitalization of the company is 2.95 billion based on 415,161K outstanding shares. Right now, sales total 8,133 M and income totals -388,000 K. The company made 2,076 M in profit during its latest quarter, and -86,000 K in sales during its previous quarter.
