Newell Brands Inc. (NASDAQ: NWL) is -16.75% lower on its value in year-to-date trading and has touched a low of $10.44 and a high of $20.99 in the current 52-week trading range. The NWL stock was last observed hovering at around $16.00 in the recent trading session, with the current loss setting it -0.15%.
At last check, trading at $15.85, the stock is 1.04% and 12.11% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.51 million and changing -0.94% at the moment leaves the stock -5.55% off its SMA200. NWL registered 4.44% gain for a year compared to 6-month loss of -14.26%. The firm has a 50-day simple moving average (SMA 50) of $14.89 and a 200-day simple moving average (SMA200) of $15.66.
The stock witnessed a 3.46% gain in the last 1 month and extending the period to 3 months gives it a 33.44%, and is 6.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.09% over the week and 3.67% over the month.
Newell Brands Inc. (NWL) has around 30000 employees, a market worth around $6.70B and $9.56B in sales. Fwd P/E is 12.60. Distance from 52-week low is 51.82% and -24.49% from its 52-week high. The company has generated returns on investments over the last 12 months (4.90%).
Newell Brands Inc. (NWL) Analyst Forecasts
Newell Brands Inc. quarterly earnings per share for the current quarter are estimated at $0.14 with sales reaching $1.97B over the same period.The EPS is expected to grow by 103.10% this year, but quarterly earnings will post -10.20% year-over-year. Quarterly sales are estimated to shrink -7.20% in year-over-year returns.
Newell Brands Inc. (NWL) Top Institutional Holders
765 institutions hold shares in Newell Brands Inc. (NWL), with 3.29M shares held by insiders accounting for 0.78% while institutional investors hold 91.26% of the company’s shares. The shares outstanding are 423.80M, and float is at 420.78M with Short Float at 3.14%. Institutions hold 90.56% of the Float.
Newell Brands Inc. (NWL) Insider Activity
A total of 48 insider transactions have happened at Newell Brands Inc. (NWL) in the last six months, with sales accounting for 11 and purchases happening 37 times. The most recent transaction is an insider purchase by ICAHN BRETT, the company’s Director. SEC filings show that ICAHN BRETT bought 9,703 shares of the company’s common stock on Mar 13 at a price of $11.62 per share for a total of $0.11 million. Following the purchase, the insider now owns 1.14 million shares.
Newell Brands Inc. disclosed in a document filed with the SEC on Mar 12 that Hurd Laurel (Pres., Learning & Development) bought a total of 4,000 shares of the company’s common stock. The trade occurred on Mar 12 and was made at $12.80 per share for $51200.0. Following the transaction, the insider now directly holds 37304.0 shares of the NWL stock.
Still, SEC filings show that on Mar 12, ICAHN BRETT (Director) acquired 111,601 shares at an average price of $11.90 for $1.33 million. The insider now directly holds 1,129,205 shares of Newell Brands Inc. (NWL).
Newell Brands Inc. (NWL): Who are the competitors?
The company’s main competitors (and peers) include Helen of Troy Limited (HELE) that is trading 43.74% up over the past 12 months. Acme United Corporation (ACU) is 0.32% up on the 1-year trading charts. Short interest in the company’s stock has fallen -11.49% from the last report on May 14, 2020 to stand at a total of 14.75 million short shares sold with a short interest ratio of 3.42.