Newell Brands Inc. (NASDAQ:NWL) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Newell Brands Inc. has an average rating of "Moderate Buy" from eight brokerages, with a price target averaging $7.44.
• The company reported an EPS of $0.24 for the last quarter, meeting analyst expectations, but revenue dropped 4.8% year-over-year.
• A dividend of $0.07 per share will be paid on September 15th, yielding 4.4% annually, despite a negative payout ratio of -47.46%.

Newell Brands Inc. (NASDAQ:NWL - Get Free Report) has received a consensus rating of "Moderate Buy" from the eight research firms that are currently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $7.4375.

A number of analysts recently commented on NWL shares. Citigroup reiterated a "neutral" rating and issued a $6.00 target price (up from $5.00) on shares of Newell Brands in a research note on Tuesday, July 15th. Wells Fargo & Company lifted their target price on Newell Brands from $5.00 to $6.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 9th. UBS Group lifted their target price on Newell Brands from $5.00 to $5.50 and gave the stock a "neutral" rating in a report on Thursday, July 17th. JPMorgan Chase & Co. decreased their target price on Newell Brands from $8.00 to $7.00 and set an "overweight" rating for the company in a report on Monday, August 4th. Finally, Canaccord Genuity Group decreased their target price on Newell Brands from $11.00 to $9.00 and set a "buy" rating for the company in a report on Monday, August 4th.

Newell Brands Stock Down 2.4%

Shares of NWL traded down $0.15 during midday trading on Tuesday, reaching $5.95. 3,253,188 shares of the stock were exchanged, compared to its average volume of 8,940,723. Newell Brands has a 52 week low of $4.22 and a 52 week high of $11.78. The company has a current ratio of 1.12, a quick ratio of 0.57 and a debt-to-equity ratio of 1.68. The company's 50 day moving average is $5.71 and its two-hundred day moving average is $5.66. The company has a market capitalization of $2.49 billion, a P/E ratio of -10.08 and a beta of 0.99.

Newell Brands (NASDAQ:NWL - Get Free Report) last posted its quarterly earnings results on Friday, August 1st. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. Newell Brands had a positive return on equity of 8.48% and a negative net margin of 3.29%.The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the company earned $0.36 EPS. The business's revenue was down 4.8% compared to the same quarter last year. Newell Brands has set its FY 2025 guidance at 0.660-0.70 EPS. Q3 2025 guidance at 0.160-0.19 EPS. On average, sell-side analysts anticipate that Newell Brands will post 0.72 earnings per share for the current year.

Newell Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Investors of record on Friday, August 29th will be issued a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 4.7%. Newell Brands's payout ratio is -47.46%.

Insider Activity at Newell Brands

In related news, CEO Melanie Arlene Huet sold 8,800 shares of Newell Brands stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $5.11, for a total transaction of $44,968.00. Following the completion of the sale, the chief executive officer owned 52,007 shares of the company's stock, valued at $265,755.77. The trade was a 14.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.71% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Castlekeep Investment Advisors LLC purchased a new position in Newell Brands during the fourth quarter valued at approximately $33,000. Caitong International Asset Management Co. Ltd purchased a new position in Newell Brands during the second quarter valued at approximately $35,000. Farther Finance Advisors LLC raised its position in Newell Brands by 212.6% during the first quarter. Farther Finance Advisors LLC now owns 6,130 shares of the company's stock valued at $38,000 after acquiring an additional 4,169 shares in the last quarter. Parallel Advisors LLC raised its position in Newell Brands by 194.3% during the second quarter. Parallel Advisors LLC now owns 8,067 shares of the company's stock valued at $44,000 after acquiring an additional 5,326 shares in the last quarter. Finally, Summit Global Investments purchased a new position in Newell Brands during the second quarter valued at approximately $54,000. 92.50% of the stock is currently owned by hedge funds and other institutional investors.

About Newell Brands

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.