Shares of Newell Manufacturers Inc. (NASDAQ:NWL – Get 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:NWL – Get 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
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.
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