The Street Is Finally Waking Up To Newell Brands Inc (NASDAQ: NWL)

After Hours

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. Earlier, Yahoo Finance discussed this stock as it revealed Newell Brands Announces Board Refreshment.

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Stocks Info

Newell Brands Inc is listed on the NASDAQ as a member of the Consumer Defensive sector and is a part of the Household & Personal Products industry. At the end of the last regular session, the stock closed at $7.55 and fluctuated between $7.61 as its day high and $7.32 as its day low. The current market capitalization of Newell Brands Inc is $3.13B. A total of 4.24 million shares were traded on the day, compared to an average of 4.79M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. 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 13 BUYs and 4 SELLs from insiders. Insiders purchased 232,199 shares during that period but sold 26,705.

In the most recent transaction, Turner Bradford R sold 20,000 shares of NWL for 7.43 per share on Feb 23. After the transaction, the Chief Legal & Admin. Officer now owns 169,813 company shares. In a previous transaction on Oct 30, Turner Bradford R sold 20,000 shares at 6.88 per share. NWL shares that Chief Legal & Admin. Officer owns now total 152,363.

Among the insiders who bought shares, Erceg Mark J acquired of 90,585 shares on May 04 at a per-share price of $9.98. This resulted in the Chief Financial Officer holding 243,725 shares of NWL after the transaction. In another insider transaction, Erceg Mark J bought 9,515 shares at $9.99 per share on May 03. Company shares held by the Chief Financial Officer now total 153,140.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. NWL’s most recent ex-dividend date was 2/28/2024 when it declared a $0.07 quarterly dividend that was paid in cash on 3/15/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/29/2023. The NWL stock dividend was $0.07 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NWL has a high of $14.60 and a low of $6.49.

As of this writing, NWL has an earnings estimate of -$0.07 per share for the current quarter. EPS was calculated based on a consensus of 11 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.09. The company reported an EPS of $0.39 in the last quarter, which was 69.60% higher than expectations of $0.23.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NWL’s latest balance sheet shows that the firm has $440.00M in Cash & Short Term Investments as of fiscal 2021. There were $5.51B in debt and $3.32B in liabilities at the time. Its Book Value Per Share was $7.51, while its Total Shareholder’s Equity was $4.16B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 3.00.

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