On Tuesday, Newell Brands Inc (NASDAQ: NWL) was -1.96% drop from the session before settling in for the closing price of $6.64. A 52-week range for NWL has been $5.39 – $11.78.
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A company in the Consumer Defensive sector has dropped its sales by -4.41% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 7.64%. With a float of $414.25 million, this company’s outstanding shares have now reached $416.10 million.
In an organization with 23700 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 33.84%, operating margin of 1.78%, and the pretax margin is -3.43%.
Newell Brands Inc (NWL) Insider Updates
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 0.47%, while institutional ownership is 95.34%. The most recent insider transaction that took place on Dec 06 ’24, was worth 240,666. In this transaction Chief Human Resources Officer of this company sold 23,343 shares at a rate of $10.31, taking the stock ownership to the 0 shares. Before that another transaction happened on Dec 06 ’24, when Company’s Officer proposed sale 23,343 for $10.31, making the entire transaction worth $240,563.
Newell Brands Inc (NWL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.64% per share during the next fiscal year.
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 0.56. 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 11.43.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.52, a number that is poised to hit -0.06 in the next quarter and is forecasted to reach 0.86 in one year’s time.
Technical Analysis of Newell Brands Inc (NWL)
Let’s dig in a bit further. During the last 5-days, its volume was 8.56 million. That was inferior than the volume of 9.07 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.95%. Additionally, its Average True Range was 0.33.
During the past 100 days, Newell Brands Inc’s (NWL) raw stochastic average was set at 6.89%, which indicates a significant decrease from 43.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.49% in the past 14 days, which was lower than the 70.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.26, while its 200-day Moving Average is $8.05. However, in the short run, Newell Brands Inc’s stock first resistance to watch stands at $6.62. Second resistance stands at $6.72. The third major resistance level sits at $6.85. If the price goes on to break the first support level at $6.39, it is likely to go to the next support level at $6.26. Assuming the price breaks the second support level, the third support level stands at $6.16.
Newell Brands Inc (NASDAQ: NWL) Key Stats
There are 416,200K outstanding shares of the company, which has a market capitalization of 2.71 billion. As of now, sales total 7,582 M while income totals -216,000 K. Its latest quarter income was 1,949 M while its last quarter net income were -54,000 K.
