NYSE:NWL - Newell Brands Stock Price, Price Target & More

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$27.63 -0.14 (-0.50 %)
(As of 07/18/2018 02:56 AM ET)
Previous Close$27.77
Today's Range$27.61 - $27.79
52-Week Range$22.60 - $54.10
Volume3.09 million shs
Average Volume8.19 million shs
Market Capitalization$13.50 billion
P/E Ratio10.05
Dividend Yield3.31%
Beta0.74
Newell Brands logoNewell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide. The company's Live segment offers household products, including kitchen appliances, gourmet cookware, bakeware and cutlery, food storage and home storage products, fresh preserving products, and home fragrance products; and baby gear, infant care, and health products primarily under Aprica, Baby Jogger, Ball, Calphalon, Chesapeake Bay Candle, Crock-Pot, FoodSaver, Graco, Mr. Coffee, NUK, Oster, Rubbermaid, Sistema, Sunbeam, Tigex, WoodWick, and Yankee Candle brands. Its Learn segment offers writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products; and fine writing instruments, labeling solutions, and custom commemorative jewelry and academic regalia primarily under Dymo, Elmer's, Expo, Jostens, Mr. Sketch, Paper Mate, Parker, Prismacolor, Sharpie, Waterman, and X-Acto brands. The company's Work segment offers cleaning and refuse products; hygiene systems; material handling solutions; consumer and commercial totes; and commercial food service and premium tableware products primarily under Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, Spontex, and Waddington brands. Its Play segment offers products for outdoor and outdoor-related activities primarily under Berkley, Coleman, Contigo, Ex Officio, Marmot, Rawlings, and Shakespeare brands. The company's Other segment offers plastic products, including closures, contact lens packaging, medical disposables, plastic cutlery and rigid packaging, beauty products, vacuum cleaning systems, and gaming products primarily under Jarden Plastic Solutions, Jarden Applied Materials, Jarden Zinc Products, Goody, Bicycle, and Rainbow brands. Newell Brands Inc. was formerly known as Newell Rubbermaid Inc. and changed its name to Newell Brands Inc. in April 2016. The company was founded in 1903 and is headquartered in Hoboken, New Jersey.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Plastics products, not elsewhere classified
Sub-IndustryHousewares & Specialties
SectorConsumer Staples
SymbolNYSE:NWL
CUSIP65122910
Phone201-610-6600

Debt

Debt-to-Equity Ratio0.68
Current Ratio1.72
Quick Ratio1.20

Price-To-Earnings

Trailing P/E Ratio10.05
Forward P/E Ratio10.43
P/E Growth1.72

Sales & Book Value

Annual Sales$14.74 billion
Price / Sales0.91
Cash Flow$4.18 per share
Price / Cash6.61
Book Value$28.94 per share
Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$2.75
Net Income$2.75 billion
Net Margins14.93%
Return on Equity10.05%
Return on Assets3.99%

Miscellaneous

Employees49,000
Outstanding Shares485,700,000
Market Cap$13,502.46

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Newell Brands (NYSE:NWL) Frequently Asked Questions

What is Newell Brands' stock symbol?

Newell Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "NWL."

How often does Newell Brands pay dividends? What is the dividend yield for Newell Brands?

Newell Brands announced a quarterly dividend on Tuesday, May 15th. Investors of record on Thursday, May 31st will be given a dividend of $0.23 per share on Friday, June 15th. This represents a $0.92 annualized dividend and a yield of 3.33%. The ex-dividend date of this dividend is Wednesday, May 30th. View Newell Brands' Dividend History.

How will Newell Brands' stock buyback program work?

Newell Brands declared that its board has approved a share buyback plan on Monday, June 11th 2018, which permits the company to repurchase $2,500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 19.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its stock is undervalued.

How were Newell Brands' earnings last quarter?

Newell Brands Inc (NYSE:NWL) posted its quarterly earnings results on Friday, May, 4th. The company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.08. The company earned $3.02 billion during the quarter, compared to analyst estimates of $2.95 billion. Newell Brands had a net margin of 14.93% and a return on equity of 10.05%. Newell Brands's quarterly revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 EPS. View Newell Brands' Earnings History.

When is Newell Brands' next earnings date?

Newell Brands is scheduled to release their next quarterly earnings announcement on Friday, August, 3rd 2018. View Earnings Estimates for Newell Brands.

What guidance has Newell Brands issued on next quarter's earnings?

Newell Brands updated its FY18 earnings guidance on Friday, May, 4th. The company provided earnings per share (EPS) guidance of $2.65-2.85 for the period, compared to the Thomson Reuters consensus estimate of $2.63. The company issued revenue guidance of $14.4-14.8 billion, compared to the consensus revenue estimate of $14.47 billion.

What price target have analysts set for NWL?

16 equities research analysts have issued 1-year price objectives for Newell Brands' shares. Their predictions range from $23.00 to $42.00. On average, they anticipate Newell Brands' share price to reach $31.20 in the next year. This suggests a possible upside of 12.9% from the stock's current price. View Analyst Ratings for Newell Brands.

What is the consensus analysts' recommendation for Newell Brands?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Newell Brands in the last year. There are currently 12 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Newell Brands stock?

Here are some recent quotes from research analysts about Newell Brands stock:
  • 1. According to Zacks Investment Research, "Newell has underperformed the industry in the past six months owing to weak gross and operating margins for the last few quarters. Also, the company has been witnessing lower core sales for a while now. In the last reported quarter, core sales declined in all of the company’s segments, except the Work division. Core sales are projected to be flat to down low-single digit rate in 2018. Lower core sales have been adversely impacting the company’s top line that missed estimates and declined year over year in first-quarter 2018. Adverse pricing and commodity cost inflation have also been hurting the results. Nevertheless, management reiterated its guidance for 2018. In addition, its Transformation Plan, which is expected to create value remains encouraging. This plan also aims at transforming the company into a simpler, stronger and faster one to leverage its abilities with respect to innovation, design and e-commerce." (7/10/2018)
  • 2. Wells Fargo & Co analysts commented, "We remind investors that due to NWL’s high leverage after the Jarden transaction, the company has not been aggressive with share repurchases, with the only recent repurchases being $152MM in 4Q17. With total debt/EBITDA at 4.7x at the end of 1Q18, we expect NWL’s first priority is deleveraging, with a goal to reduce leverage to a range of 3­3.5x by late 2018/early 2019. That said, we believe today’s announcement sends a clear signal that NWL remains on track with its divestitures and is a reminder that share repurchases will become a bigger part of the narrative moving forward. We expect shares to respond favorably today." (6/11/2018)
  • 3. Jefferies Financial Group Inc analysts commented, "NWL negatively pre-announced 4Q, incl. weak ~-2% org sales declines (vs. +0.5 to +2.5% guide) and ~$0.68 in EPS (~10% below implied guidance mid-pt). NWL also guided to $2.65-$2.85 in FY18 EPS (vs. Street $2.94), incl. positive org sales growth. Along w/the poor results, NWL announced (more) strategic changes, incl. the review of ~$4B (~25%) of its portfolio. With visibility still low, NWL remains a value trap at ~9x P/E / ~16x EV/ULFCF, close to recent avgs. NWL negatively pre-announces 4Q results: NWL negatively pre-announced its 2017 results, including +0.8% FY17 core sales growth (vs. 1.5-2% guidance) and $2.72-2.76 in EPS (vs. $2.80-2.85 guidance). Implied 4Q of ~-2% org sales growth (vs. ~+0.5-2.5% guidance and JEF +1.4%) and $0.66-0.70 in EPS ($0.68 would be >10% below mid-pt of implied $0.74- $0.79 guidance), vs. Street/JEF $0.75. On a positive note, the company delivered ~$930M of FY17 OCF, vs. previous guidance of $700-800M. Though investors were likely braced somewhat for the poor results, 4Q failed to clear the already low bar. Initial FY18 outlook well below the Street: NWL also gave its initial FY18 outlook, incl. market share growth in its core categories and geographies, for core sales growth despite continued retailer inventory reductions. FY18 EPS is expected to be $2.65-2.85, including $135M (~$0.20 headwind) of increased sales/mgmt bonuses and a tax rate of 20-21% vs. 26% prior (~$0.20 tailwind). Additionally, OCF is expected to be $1.15-1.45B, vs. prior guidance (which had not been updated with 3Q) of >$1.5B. Guidance assumes continued ownership of all assets." (1/25/2018)

Are investors shorting Newell Brands?

Newell Brands saw a drop in short interest in the month of June. As of June 15th, there was short interest totalling 42,788,537 shares, a drop of 11.3% from the May 31st total of 48,247,535 shares. Based on an average daily trading volume, of 8,960,521 shares, the short-interest ratio is presently 4.8 days. Currently, 8.9% of the shares of the stock are sold short. View Newell Brands' Current Options Chain.

Who are some of Newell Brands' key competitors?

Who are Newell Brands' key executives?

Newell Brands' management team includes the folowing people:
  • Mr. Michael B. Polk, CEO, Pres & Director (Age 57)
  • Mr. Ralph J. Nicoletti, Exec. VP & CFO (Age 60)
  • Mr. William A. Burke III, Exec. VP & COO (Age 57)
  • Mr. Bradford R. Turner, Chief Legal & Admin. Officer and Corp. Sec. (Age 45)
  • Mr. Richard B. Davies, Exec. VP & Chief Devel. Officer (Age 55)

Has Newell Brands been receiving favorable news coverage?

Media coverage about NWL stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Newell Brands earned a news impact score of 0.06 on Accern's scale. They also gave news coverage about the company an impact score of 45.47 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Newell Brands' major shareholders?

Newell Brands' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (0.26%), Bank of Montreal Can (0.12%), Gateway Investment Advisers LLC (0.08%), Grassi Investment Management (0.07%), Retirement Systems of Alabama (0.05%) and State of Alaska Department of Revenue (0.03%). Company insiders that own Newell Brands stock include James Craigie, Mark Tarchetti, Martin E Franklin, Michael B Polk, Michael Todman, Raymond G Viault, Richard B Davies, Scott S Cowen, Steven J Strobel and Thomas E Clarke. View Institutional Ownership Trends for Newell Brands.

Which institutional investors are selling Newell Brands stock?

NWL stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Xact Kapitalforvaltning AB, Vigilant Capital Management LLC, Regent Investment Management LLC, Retirement Systems of Alabama, Willow Creek Wealth Management Inc. and Gateway Investment Advisers LLC. View Insider Buying and Selling for Newell Brands.

Which institutional investors are buying Newell Brands stock?

NWL stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Longer Investments Inc., Bank of Montreal Can, Manning & Napier Group LLC, Atria Investments LLC, Fox Run Management L.L.C., Welch & Forbes LLC and Grassi Investment Management. Company insiders that have bought Newell Brands stock in the last two years include James Craigie, Mark Tarchetti, Michael B Polk, Michael Todman, Raymond G Viault, Richard B Davies and Scott S Cowen. View Insider Buying and Selling for Newell Brands.

How do I buy shares of Newell Brands?

Shares of NWL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Newell Brands' stock price today?

One share of NWL stock can currently be purchased for approximately $27.63.

How big of a company is Newell Brands?

Newell Brands has a market capitalization of $13.50 billion and generates $14.74 billion in revenue each year. The company earns $2.75 billion in net income (profit) each year or $2.75 on an earnings per share basis. Newell Brands employs 49,000 workers across the globe.

How can I contact Newell Brands?

Newell Brands' mailing address is 221 RIVER STREET, HOBOKEN NJ, 07030. The company can be reached via phone at 201-610-6600 or via email at [email protected]


MarketBeat Community Rating for Newell Brands (NYSE NWL)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  598 (Vote Outperform)
Underperform Votes:  336 (Vote Underperform)
Total Votes:  934
MarketBeat's community ratings are surveys of what our community members think about Newell Brands and other stocks. Vote "Outperform" if you believe NWL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NWL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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