Newell Brands Inc (NWL) volume hits 6.62 million: A New Opening for Investors

Newell Brands Inc (NASDAQ: NWL) started the day on Thursday, with a price decrease of -1.90% at $8.80, before settling in for the price of $8.97 at the close. Taking a more long-term approach, NWL posted a 52-week range of $5.39-$9.68.

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The Consumer Defensive Sector giants’ yearly sales growth during the last 5-year period was -3.92%. Meanwhile, its Annual Earning per share during the time was 43.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -16.43%. This publicly-traded company’s shares outstanding now amounts to $416.00 million, simultaneously with a float of $414.40 million. The organization now has a market capitalization sitting at $3.66 billion. At the time of writing, stock’s 50-day Moving Average stood at $7.58, while the 200-day Moving Average is $7.49.

Newell Brands Inc (NWL) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Household & Personal Products Industry. Newell Brands Inc’s current insider ownership accounts for 0.39%, in contrast to 96.50% institutional ownership. Preceding that transaction, on May 10 ’24, Company’s Director sold 50,000 for 8.04, making the whole transaction’s value amount to 402,000. This particular insider is now the holder of 18,477 in total.

Newell Brands Inc (NWL) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.

Newell Brands Inc’s EPS decrease for this current 12-month fiscal period is -16.43% and is forecasted to reach 0.77 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 8.88% through the next 5 years, which can be compared against the 43.59% growth it accomplished over the previous five years trading on the market.

Newell Brands Inc (NASDAQ: NWL) Trading Performance Indicators

Let’s observe the current performance indicators for Newell Brands Inc (NWL). It’s Quick Ratio in the last reported quarter now stands at 0.50. The Stock has managed to achieve an average true range (ATR) of 0.41. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.47. Similarly, its price to free cash flow for trailing twelve months is now 10.20.

In the same vein, NWL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.60, a figure that is expected to reach 0.14 in the next quarter, and analysts are predicting that it will be 0.77 at the market close of one year from today.

Technical Analysis of Newell Brands Inc (NWL)

If we take a close look at the recent performances of Newell Brands Inc (NASDAQ: NWL), its last 5-days Average volume was 10.89 million that shows progress from its year to date volume of 5.54 million. During the previous 9 days, stock’s Stochastic %D was recorded 69.86% While, its Average True Range was 0.46.

Raw Stochastic average of Newell Brands Inc (NWL) in the period of the previous 100 days is set at 79.60%, which indicates a major rise in contrast to 65.07% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 96.74% that was higher than 76.51% volatility it exhibited in the past 100-days period.