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Saturday, December 9, 2023

Searching For Real Value In Market Debris At Newell Brands Inc (NASDAQ: NWL)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Newell Brands Inc (NWL) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.14, or 2.04%, to $6.99. The Newell Brands Inc has recorded 63,603 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Yankee Candle® Launches Its Bright Lights Collection to Celebrate the Holiday Spirit.

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Stocks Info

As a NASDAQ listed company, NWL falls under the Consumer Defensive sector while operating within the Household & Personal Products industry segment. At the end of the last regular session, the stock closed at $6.85 and fluctuated between $6.98 as its day high and $6.80 as its day low. The current market capitalization of Newell Brands Inc is $2.84B. A total of 3.71 million shares were traded on the day, compared to an average of 6.91M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, NWL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 21 BUYs and 14 SELLs from insiders. Insiders purchased 530,180 shares during that period but sold 680,484.

In the most recent transaction, Turner Bradford R sold 20,000 shares of NWL for 6.88 per share on Oct 30. After the transaction, the Chief Legal & Admin. Officer now owns 152,363 company shares. In a previous transaction on May 04, Erceg Mark J bought 90,585 shares at 9.98 per share. NWL shares that Chief Financial Officer owns now total 243,725.

Among the insiders who bought shares, Erceg Mark J acquired of 9,515 shares on May 03 at a per-share price of $9.99. This resulted in the Chief Financial Officer holding 153,140 shares of NWL after the transaction. In another insider transaction, Erceg Mark J bought 48,643 shares at $12.81 per share on Mar 10. Company shares held by the Chief Financial Officer now total 143,625.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. NWL’s most recent ex-dividend date was 11/29/2023 when it declared a $0.07 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 9/15/2023 with an ex-dividend date of 8/30/2023. The NWL stock dividend was $0.07 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for NWL in the last 3 months, the mean price target is $8.13 with high estimates of $12.00 and low estimates of $5.00. In terms of 52-week highs and lows, NWL has a high of $16.75 and a low of $6.49.

As of this writing, NWL has an earnings estimate of $0.23 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.28 per share and a lower estimate of $0.21. The company reported an EPS of -$0.06 in the last quarter, which was -100.00% lower than expectations of -$0.03.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. NWL’s latest balance sheet shows that the firm has $440.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.39B in debt and $3.32B in liabilities at the time. Its Book Value Per Share was $7.55, while its Total Shareholder’s Equity was $4.09B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NWL is Buy with a score of 3.27.

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