On Monday, Newell Brands Inc (NASDAQ: NWL) was 9.16% up from the session before settling in for the closing price of $8.73. A 52-week range for NWL has been $5.39 – $9.24.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Defensive sector was -3.92%. When this article was written, the company’s average yearly earnings per share was at -16.43%. With a float of $414.40 million, this company’s outstanding shares have now reached $416.00 million.
Considering the fact that the conglomerate employs 24600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 33.35%, operating margin of 3.7%, and the pretax margin is -4.48%.
Newell Brands Inc (NWL) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Newell Brands Inc stocks. The insider ownership of Newell Brands Inc is 0.39%, while institutional ownership is 96.51%. The most recent insider transaction that took place on Jul 26 ’24, was worth 43,736. Before that another transaction happened on May 10 ’24, when Company’s Director sold 50,000 for $8.04, making the entire transaction worth $402,000. This insider now owns 18,477 shares in total.
Newell Brands Inc (NWL) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -16.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.88% 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
You can see what Newell Brands Inc (NWL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 11.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.60, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.77 in one year’s time.
Technical Analysis of Newell Brands Inc (NWL)
Compared to the last year’s volume of 5.52 million, its volume of 10.48 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 58.41%. Additionally, its Average True Range was 0.43.
During the past 100 days, Newell Brands Inc’s (NWL) raw stochastic average was set at 96.62%, which indicates a significant increase from 94.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.80% in the past 14 days, which was higher than the 75.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.49, while its 200-day Moving Average is $7.49. Nevertheless, the first resistance level for the watch stands at $9.89 in the near term. At $10.24, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.81. If the price goes on to break the first support level at $8.96, it is likely to go to the next support level at $8.39. Now, if the price goes above the second support level, the third support stands at $8.04.
Newell Brands Inc (NASDAQ: NWL) Key Stats
There are 415,200K outstanding shares of the company, which has a market capitalization of 3.96 billion. As of now, sales total 8,133 M while income totals -388,000 K. Its latest quarter income was 1,947 M while its last quarter net income were -198,000 K.
