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

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$26.15 -0.62 (-2.32 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$26.15
Today's Range$26.09 - $26.86
52-Week Range$22.60 - $53.21
Volume5.50 million shs
Average Volume4.34 million shs
Market Capitalization$13.00 billion
P/E Ratio9.51
Dividend Yield3.44%
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 Ratio9.51
Forward P/E Ratio9.91
P/E Growth1.66

Sales & Book Value

Annual Sales$14.74 billion
Price / Sales0.86
Cash Flow$4.1116 per share
Price / Cash6.36
Book Value$28.94 per share
Price / Book0.90

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$13,002.19

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 declared a quarterly dividend on Tuesday, May 15th. Shareholders of record on Thursday, May 31st will be paid a dividend of $0.23 per share on Friday, June 15th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date 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 stock buyback program on Monday, June 11th 2018, which authorizes the company to buyback $2,500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 19.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Newell Brands' earnings last quarter?

Newell Brands Inc (NYSE:NWL) announced its quarterly earnings results on Friday, May, 4th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.26 by $0.08. The firm earned $3.02 billion during the quarter, compared to the consensus estimate of $2.95 billion. Newell Brands had a net margin of 14.93% and a return on equity of 10.05%. The business's quarterly revenue was down 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $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 issued an update on its FY18 earnings guidance on Friday, May, 4th. The company provided EPS guidance of $2.65-2.85 for the period, compared to the Thomson Reuters consensus EPS 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 brokers have issued 1 year price objectives for Newell Brands' stock. Their predictions range from $23.00 to $42.00. On average, they anticipate Newell Brands' stock price to reach $31.20 in the next year. This suggests a possible upside of 19.3% 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 decrease in short interest during the month of June. As of June 15th, there was short interest totalling 42,788,537 shares, a decrease of 11.3% from the May 31st total of 48,247,535 shares. Based on an average daily volume of 8,960,521 shares, the days-to-cover ratio is currently 4.8 days. Currently, 8.9% of the shares of the company are short sold. 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?

News headlines about NWL stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing 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 0.11 on Accern's scale. They also gave news headlines about the company an impact score of 45.11 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Newell Brands' major shareholders?

Newell Brands' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Deprince Race & Zollo Inc. (0.26%), ZWJ Investment Counsel Inc. (0.16%), Bank of Montreal Can (0.12%), Gateway Investment Advisers LLC (0.08%), Grassi Investment Management (0.07%) and Retirement Systems of Alabama (0.05%). 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 major investors are selling Newell Brands stock?

NWL stock was sold by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Hartford Investment Management Co., State of Alaska Department of Revenue, Oakbrook Investments LLC, Westpac Banking Corp, Municipal Employees Retirement System of Michigan, Jacobs & Co. CA and Meag Munich Ergo Kapitalanlagegesellschaft MBH. View Insider Buying and Selling for Newell Brands.

Which major investors are buying Newell Brands stock?

NWL stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., ZWJ Investment Counsel Inc., Longer Investments Inc., Bank of Montreal Can, Manning & Napier Group LLC, Nisa Investment Advisors LLC, Atria Investments LLC and Fox Run Management L.L.C.. 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 $26.15.

How big of a company is Newell Brands?

Newell Brands has a market capitalization of $13.00 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:  599 (Vote Outperform)
Underperform Votes:  341 (Vote Underperform)
Total Votes:  940
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 7/21/2018 by MarketBeat.com Staff

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