NYSE:NWL - Newell Brands Stock Price, News, & Analysis

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$20.61 +0.16 (+0.78 %)
(As of 09/25/2018 11:07 AM ET)
Previous Close$20.65
Today's Range$20.41 - $20.73
52-Week Range$20.14 - $43.99
Volume64,586 shs
Average Volume6.76 million shs
Market Capitalization$10.32 billion
P/E Ratio7.47
Dividend Yield4.21%
Beta0.63
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 Ratio0.66
Current Ratio3.17
Quick Ratio2.74

Price-To-Earnings

Trailing P/E Ratio7.47
Forward P/E Ratio23.42
P/E Growth5.08

Sales & Book Value

Annual Sales$14.74 billion
Price / Sales0.66
Cash Flow$3.9711 per share
Price / Cash5.19
Book Value$28.94 per share
Price / Book0.71

Profitability

EPS (Most Recent Fiscal Year)$2.75
Net Income$2.75 billion
Net Margins16.39%
Return on Equity9.58%
Return on Assets3.98%

Miscellaneous

Employees49,000
Outstanding Shares472,500,000
Market Cap$10.32 billion

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 Friday, August 10th. Shareholders of record on Friday, August 31st will be paid a dividend of $0.23 per share on Friday, September 14th. This represents a $0.92 dividend on an annualized basis and a yield of 4.48%. The ex-dividend date is Thursday, August 30th. View Newell Brands' Dividend History.

How will Newell Brands' stock buyback program work?

Newell Brands announced that its Board of Directors has initiated a share buyback program on Monday, June 11th 2018, which allows the company to repurchase $2,500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 19.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

How were Newell Brands' earnings last quarter?

Newell Brands Inc (NYSE:NWL) posted its quarterly earnings data on Monday, August, 6th. The company reported $0.82 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.78 by $0.04. The company had revenue of $2.20 billion for the quarter, compared to the consensus estimate of $3.83 billion. Newell Brands had a return on equity of 9.58% and a net margin of 16.39%. Newell Brands's revenue for the quarter was down 12.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.87 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 Thursday, November, 1st 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 Monday, August, 6th. The company provided earnings per share guidance of $2.45-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.59.

What price target have analysts set for NWL?

16 Wall Street analysts have issued 1-year target prices for Newell Brands' stock. Their predictions range from $23.00 to $42.00. On average, they expect Newell Brands' stock price to reach $28.80 in the next year. This suggests a possible upside of 40.4% from the stock's current price. View Analyst Price Targets 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." View Analyst Ratings for Newell Brands.

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 increase in short interest during the month of August. As of August 31st, there was short interest totalling 59,449,211 shares, an increase of 15.3% from the August 15th total of 51,552,803 shares. Based on an average daily trading volume, of 7,167,922 shares, the days-to-cover ratio is currently 8.3 days. Currently, 12.7% 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)

Who are Newell Brands' major shareholders?

Newell Brands' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.66%), Massachusetts Financial Services Co. MA (3.54%), Pzena Investment Management LLC (3.41%), Bank of New York Mellon Corp (2.50%), Bank of New York Mellon Corp (2.57%) and OppenheimerFunds Inc. (1.87%). 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 Starboard Value LP, FMR LLC, Standard Life Aberdeen plc, Hermes Investment Management Ltd., Becker Capital Management Inc., Tobam, King Luther Capital Management Corp and Alpine Woods Capital Investors LLC. View Insider Buying and Selling for Newell Brands.

Which major investors are buying Newell Brands stock?

NWL stock was acquired by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Wells Fargo & Company MN, First Trust Advisors LP, AMS Capital Ltda, OppenheimerFunds Inc., Royal London Asset Management Ltd., Segall Bryant & Hamill LLC and Bank of New York Mellon Corp. 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 $20.52.

How big of a company is Newell Brands?

Newell Brands has a market capitalization of $10.32 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.

What is Newell Brands' official website?

The official website for Newell Brands is http://www.newellbrands.com.

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:  3.1 out of 5 (star star star)
Outperform Votes:  634 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  1,009
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 9/25/2018 by MarketBeat.com Staff

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