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HomeMarketResultsNewell Brands Inc. (NASDAQ:NWL) Given Average Rating of "Hold" by Analysts

Newell Brands Inc. (NASDAQ:NWL) Given Average Rating of “Hold” by Analysts


Shares of Newell Manufacturers Inc. (NASDAQ:NWLGet Rating) have earned a consensus score of “Maintain” from the eleven analysts which might be presently protecting the corporate, Marketbeat Ratings experiences. One equities analysis analyst has rated the inventory with a promote score, 4 have assigned a maintain score, three have given a purchase score and one has given a powerful purchase score to the corporate. The common 1-year goal value amongst brokerages which have issued scores on the inventory within the final yr is $18.11.

NWL has been the topic of various analysis experiences. JPMorgan Chase & Co. reduce their value goal on shares of Newell Manufacturers from $22.00 to $18.00 and set an “chubby” score for the corporate in a analysis observe on Thursday, October thirteenth. Barclays reduce shares of Newell Manufacturers from an “equal weight” score to an “underweight” score and reduce their value goal for the corporate from $16.00 to $11.00 in a analysis observe on Monday, October thirty first. Deutsche Financial institution Aktiengesellschaft reduce their value goal on shares of Newell Manufacturers from $16.00 to $15.00 and set a “maintain” score for the corporate in a analysis observe on Tuesday, December sixth. StockNews.com started protection on shares of Newell Manufacturers in a analysis observe on Wednesday, October twelfth. They issued a “maintain” score for the corporate. Lastly, Jefferies Monetary Group lowered their value goal on shares of Newell Manufacturers from $34.00 to $28.00 and set a “purchase” score for the corporate in a report on Wednesday, September 14th.

Newell Manufacturers Inventory Efficiency

Shares of NWL stock opened at $14.40 on Friday. The agency has a market cap of $5.96 billion, a price-to-earnings ratio of 10.83 and a beta of 0.82. The corporate has a debt-to-equity ratio of 1.26, a fast ratio of 0.64 and a present ratio of 1.25. Newell Manufacturers has a 52 week low of $12.24 and a 52 week excessive of $26.45. The agency’s 50-day easy transferring common is $13.21 and its two-hundred day easy transferring common is $15.76.

Newell Manufacturers (NASDAQ:NWLGet Rating) final posted its quarterly earnings outcomes on Friday, October twenty eighth. The corporate reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.06. Newell Manufacturers had a internet margin of 5.66% and a return on fairness of 20.03%. The corporate had income of $2.25 billion for the quarter, in comparison with analyst estimates of $2.25 billion. Throughout the identical quarter within the earlier yr, the agency posted $0.54 earnings per share. The corporate’s quarterly income was down 19.2% in comparison with the identical quarter final yr. As a bunch, equities analysts forecast that Newell Manufacturers will publish 1.58 earnings per share for the present yr.

Newell Manufacturers Dividend Announcement

The agency additionally lately disclosed a quarterly dividend, which was paid on Thursday, December fifteenth. Traders of report on Wednesday, November thirtieth have been issued a $0.23 dividend. The ex-dividend date was Tuesday, November twenty ninth. This represents a $0.92 annualized dividend and a yield of 6.39%. Newell Manufacturers’s payout ratio is 69.17%.

Institutional Inflows and Outflows

Hedge funds and different institutional buyers have lately added to or diminished their stakes within the inventory. Fairfield Bush & CO. purchased a brand new stake in shares of Newell Manufacturers in the course of the 1st quarter valued at about $26,000. CX Institutional purchased a brand new stake in Newell Manufacturers in the course of the second quarter valued at roughly $25,000. Non-public Belief Co. NA bought a brand new stake in Newell Manufacturers in the course of the second quarter valued at roughly $33,000. Koshinski Asset Administration Inc. purchased a brand new place in Newell Manufacturers within the third quarter value roughly $205,000. Lastly, CoreCap Advisors LLC bought a brand new place in shares of Newell Manufacturers in the course of the 2nd quarter value $38,000. Institutional buyers personal 92.31% of the corporate’s inventory.

About Newell Manufacturers

(Get Rating)

Newell Manufacturers Inc designs, manufactures, sources, and distributes client and industrial merchandise worldwide. It operates in 5 segments: Business Options, Dwelling Home equipment, Dwelling Options, Studying and Growth, and Out of doors and Recreation. The Business Options phase offers industrial cleansing and upkeep options; closet and storage group merchandise; hygiene programs and materials dealing with options; and residential and safety, and smoke and carbon monoxide alarms merchandise below the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Business Merchandise, and Spontex manufacturers.

See Additionally

Analyst Recommendations for Newell Brands (NASDAQ:NWL)

This prompt information alert was generated by narrative science know-how and monetary knowledge from MarketBeat with a purpose to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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