NASDAQ:NWL

Newell Brands (NWL) Stock Forecast, Price & News

$8.97

-0.10 (-1.10%)

(As of 09/22/2023 ET)

Compare

Today's Range: $8.95
▼
$9.17
50-Day Range: $8.97
▼
$11.16
52-Week Range: $7.80
▼
$16.75

Volume: 4.28 million shs
Average Volume: 6.18 million shs
Market Capitalization: $3.72 billion

P/E Ratio: N/A
Dividend Yield: 3.12%
Price Target: $14.40

Newell Brands MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 60.5% Upside
$14.40 Price Target
Short Interest: Bearish
5.21% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -2.33
Upright™ Environmental Score
News Sentiment: 0.81
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 22.35%
From $0.85 to $1.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Consumer Staples Sector

51st out of 122 stocks

Plastics Products, Not Elsewhere Classified Industry

7th out of 10 stocks

3.2

Analyst's Opinion

Consensus Rating
Newell Brands has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $14.40, Newell Brands has a forecasted upside of 60.5% from its current price of $8.97.
Amount of Analyst Coverage
Newell Brands has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.21% of the float of Newell Brands has been sold short.
Short Interest Ratio / Days to Cover
Newell Brands has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Newell Brands has recently increased by 14.60%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Newell Brands pays a meaningful dividend of 2.94%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Newell Brands does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Newell Brands will have a dividend payout ratio of 26.92% next year. This indicates that Newell Brands will be able to sustain or increase its dividend.

2.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Newell Brands has received a 17.09% net impact score from Upright. Newell Brands seems to create the most significant positive value in categories "Jobs", "Taxes", and "Physical diseases". The positive contribution in the "Physical diseases" impact category is mostly driven by its "Camping equipment", "Smoke detectors", and "Fire extinguishers" products. See details.
Environmental Sustainability
The Environmental Impact score for Newell Brands is -2.33.

2.7

News and Social Media Coverage

News Sentiment
Newell Brands has a news sentiment score of 0.81. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Newell Brands this week, compared to 7 articles on an average week.
Search Interest
Only 8 people have searched for NWL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
7 people have added Newell Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Newell Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.58% of the stock of Newell Brands is held by insiders.
Percentage Held by Institutions
91.53% of the stock of Newell Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Newell Brands are expected to grow by 22.35% in the coming year, from $0.85 to $1.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Newell Brands is -12.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Newell Brands is -12.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Newell Brands has a P/B Ratio of 1.05. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Newell Brands (NASDAQ:NWL) Stock

Newell Brands Inc. engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and connected home and security products under the Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands. The Home Appliances segment offers kitchen appliances under the Calphalon, Crockpot, Mr. Coffee, Oster, and Sunbeam brands. The Home Solutions segment provides food and home storage; fresh preserving; vacuum sealing; and gourmet cookware, bakeware, cutlery, and home fragrance products under the Ball, Calphalon, Chesapeake Bay Candle, FoodSaver, Rubbermaid, Sistema, WoodWick, and Yankee Candle brands. The Learning and Development segment offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; labeling solutions; and baby gear and infant care products under the Aprica, Baby Jogger, Dymo, Elmer's, EXPO, Graco, Mr. Sketch, NUK, Paper Mate, Parker, Prismacolor, Sharpie, Tigex, Waterman, and X-Acto brands. The Outdoor and Recreation segment provides outdoor and outdoor-related products under the Campingaz, Coleman, Contigo, ExOfficio, and Marmot brands. It serves warehouse clubs, department and drug/grocery stores, mass merchants, home centers, commercial products distributors, specialty retailers, office superstores and supply stores, contract stationers, e-commerce retailers, sporting goods, and travel retailers, as well as direct to consumers online, select contract customers, and other professional customers. Newell Brands Inc. was founded in 1903 and is based in Atlanta, Georgia.

NWL Price History

30 days | 90 days | 365 days | Advanced Chart

NWL Stock News Headlines

September 12, 2023 | marketbeat.com

Airbnb Joins the S&P 500, Time to Buy In? (NWL)

Digital lodging platform Airbnb Inc. (NASDAQ: ABNB) shares gained over 7% on news of being added to the S&P 500 index on Sept. 18, 2023. It will

September 19, 2023 | americanbankingnews.com

Traders Purchase Large Volume of Call Options on Newell Brands (NASDAQ:NWL)

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 15, 2023 | americanbankingnews.com

Newell Brands Inc. (NASDAQ:NWL) Receives Average Recommendation of "Hold" from Analysts

September 13, 2023 | thestreet.com

Rubbermaid Moves Beyond Storage Bins, and Investors Like the Results

September 13, 2023 | americanbankingnews.com

Newell Brands (NASDAQ:NWL) & KAO (OTCMKTS:KAOOY) Head to Head Survey

September 12, 2023 | americanbankingnews.com

Newell Brands (NASDAQ:NWL) Downgraded by StockNews.com to Sell

September 11, 2023 | finance.yahoo.com

The Newell Brands (NWL) Dilemma: Understanding the Risks of a Possible Value Trap

September 22, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

September 7, 2023 | finance.yahoo.com

Unraveling the Challenges Ahead for Newell Brands Inc (NWL)

September 5, 2023 | bizjournals.com

Airbnb shares soar as company snags invite to elite club

September 5, 2023 | msn.com

Airbnb (NASDAQ:ABNB) Steps Up to Join S&P 500

September 1, 2023 | barrons.com

Sleep Number, Newell Brands, and More Stocks See Action From Activist Investors

September 1, 2023 | msn.com

Sleep Number, Newell Brands See Activist Action

August 29, 2023 | finance.yahoo.com

Is Newell Brands (NWL) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap

August 29, 2023 | seekingalpha.com

Newell Brands: Not Attractive At This Price

August 29, 2023 | seekingalpha.com

Newell Brands: Mixed Outlook Keeps Me On The Sidelines

August 23, 2023 | finance.yahoo.com

Is Now The Time To Look At Buying Newell Brands Inc. (NASDAQ:NWL)?

August 21, 2023 | finance.yahoo.com

Is Newell Brands a Hidden Value Trap? Unpacking the Risks and Rewards

August 21, 2023 | msn.com

Moody's takes the credit rating on Newell Brands down another notch

August 21, 2023 | finance.yahoo.com

Unraveling the Future of Newell Brands Inc: A Deep Dive into the GF Score

August 15, 2023 | finance.yahoo.com

Carl Icahn's Q2 2023 13F Filing Update: Key Trades and Portfolio Overview

August 10, 2023 | finance.yahoo.com

Can You Still Buy the S&P 500's Best-Performing July Stocks?

August 9, 2023 | baystreet.ca

Teva And Newell Brands Are Out of the Dog House

August 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on NA Companies: Li Auto (LI), Newell Brands (NWL) and Booking Holdings (BKNG)

August 1, 2023 | msn.com

Tupperware or Newell Brands: Which Is the Dumber Buy?

August 1, 2023 | msn.com

Canaccord Genuity Maintains Newell Brands (NWL) Buy Recommendation

See More Headlines

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NWL Company Calendar

Last Earnings: 7/28/2023
Ex-Dividend for 9/15 Dividend: 8/30/2023
Dividend Payable: 9/15/2023
Today: 9/22/2023
Next Earnings (Estimated): 10/27/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Plastics products, not elsewhere classified
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NASDAQ:NWL
CUSIP: N/A
CIK: 814453
Web: www.newellbrands.com
Phone: (770) 418-7000
Fax: N/A
Employees: 28,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.40
High Stock Price Forecast: $20.00
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +60.5%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.74)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 10.55
P/E Growth: N/A
Net Income: $197 million
Net Margins: -3.53%
Pretax Margin: -5.29%
Return on Equity: 10.33%
Return on Assets: 2.66%

Debt

Debt-to-Equity Ratio: 1.43
Current Ratio: 1.25
Quick Ratio: 0.62

Sales & Book Value

Annual Sales: $9.46 billion
Price / Sales: 0.39
Cash Flow: $3.25 per share
Price / Cash Flow: 2.76
Book Value: $8.51 per share
Price / Book: 1.05

Miscellaneous

Outstanding Shares: 414,200,000
Free Float: 411,798,000
Market Cap: $3.72 billion
Optionable: Optionable
Beta: 1.00

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Key Executives

Mr. Christopher H. Peterson (Age 57)
Pres, CEO & Director
Comp: $1.26M

Mr. Bradford R. Turner (Age 50)
Chief Legal & Admin. Officer and Corp. Sec.
Comp: $962.34k

Mr. Michael P. McDermott (Age 53)
Segment CEO of Home & Commercial Solutions
Comp: $878.62k

Ms. Kristine Kay Malkoski (Age 61)
Segment CEO of Learning & Devel.
Comp: $1.07M

Mr. Mark J. Erceg CFA (Age 54)
Chief Financial Officer

Mr. Jeffrey M. Sesplankis
Chief Accounting Officer

Mr. Dan Gustafson
Chief Information Officer

Ms. Sofya Tsinis
VP of Investor Relations

Beth Stellato
Chief Communications Officer

Mr. Stephen B. Parsons (Age 58)
Chief HR Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NWL Stock - Frequently Asked Questions

Should I buy or sell Newell Brands stock right now?: 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last twelve months. There are currently 1 sell rating, 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" NWL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NWL, but not buy additional shares or sell existing shares.
View NWL analyst ratings or view top-rated stocks.
What is Newell Brands' stock price forecast for 2023?: 9 analysts have issued 1 year target prices for Newell Brands' shares. Their NWL share price forecasts range from $9.00 to $20.00. On average, they anticipate the company's share price to reach $14.40 in the next twelve months. This suggests a possible upside of 60.5% from the stock's current price.
View analysts price targets for NWL or view top-rated stocks among Wall Street analysts.
How have NWL shares performed in 2023?: Newell Brands' stock was trading at $13.08 at the beginning of 2023. Since then, NWL stock has decreased by 31.4% and is now trading at $8.97.
View the best growth stocks for 2023 here.
When is Newell Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023.
View our NWL earnings forecast.
How were Newell Brands' earnings last quarter?: Newell Brands Inc. (NASDAQ:NWL) issued its earnings results on Friday, July, 28th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.11. The firm had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $2.15 billion. Newell Brands had a positive trailing twelve-month return on equity of 10.33% and a negative net margin of 3.53%.
Read the conference call transcript.
How often does Newell Brands pay dividends? What is the dividend yield for Newell Brands?: Newell Brands declared a quarterly dividend on Tuesday, August 8th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.07 per share on Friday, September 15th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date is Wednesday, August 30th.
Read our dividend analysis for NWL.
What ETFs hold Newell Brands' stock?: ETFs with the largest weight of Newell Brands (NASDAQ:NWL) stock in their portfolio include LeaderShares Activist Leaders ETF (ACTV), ALPS Sector Dividend Dogs ETF (SDOG), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Arrow Reverse Cap 500 ETF (YPS), Invesco S&P 500 Pure Value ETF (RPV), AI Powered Equity ETF (AIEQ) and Invesco Raymond James SB-1 Equity ETF (RYJ).
Is Newell Brands a good dividend stock?: Newell Brands (NASDAQ:NWL) pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.94%.
Read our dividend analysis for NWL.

What guidance has Newell Brands issued on next quarter's earnings?: Newell Brands updated its third quarter 2023 earnings guidance on Friday, July, 28th. The company provided EPS guidance of $0.20-$0.24 for the period, compared to the consensus earnings per share estimate of $0.45. The company issued revenue guidance of $2.11 billion-$2.16 billion, compared to the consensus revenue estimate of $2.21 billion.
What is Newell Brands' stock symbol?: Newell Brands trades on the NASDAQ under the ticker symbol "NWL."
Who are Newell Brands' major shareholders?: Newell Brands' stock is owned by a variety of retail and institutional investors. Top institutional investors include Pzena Investment Management LLC (12.66%), BlackRock Inc. (10.39%), State Street Corp (5.75%), JPMorgan Chase & Co. (4.58%), Nuveen Asset Management LLC (2.72%) and Nuveen Asset Management LLC (2.72%). Insiders that own company stock include Brett Icahn, Carl C Icahn, Christopher H Peterson, Courtney Mather, Kristine Kay Malkoski and Mark J Erceg.
View institutional ownership trends.
How do I buy shares of Newell Brands?: Shares of NWL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Newell Brands' stock price today?: One share of NWL stock can currently be purchased for approximately $8.97.
How much money does Newell Brands make?: Newell Brands (NASDAQ:NWL) has a market capitalization of $3.72 billion and generates $9.46 billion in revenue each year. The company earns $197 million in net income (profit) each year or ($0.74) on an earnings per share basis.
How many employees does Newell Brands have?: The company employs 28,000 workers across the globe.
How can I contact Newell Brands?: Newell Brands' mailing address is 6655 Peachtree Dunwoody Road, Atlanta GA, 30328. The official website for the company is www.newellbrands.com. The company can be reached via phone at (770) 418-7000 or via email at nancy.odonnell@newellco.com.

This page (NASDAQ:NWL) was last updated on 9/22/2023 by MarketBeat.com Staff

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