Newell Brands Inc. [NWL] Is Currently -0.22 below its 200 Period Moving Avg: What Dose This Mean?

Newell Brands Inc. [NASDAQ: NWL] closed the trading session at $22.22 on 10/13/21. The day’s price range saw the stock hit a low of $22.00, while the highest price level was $22.47. The company report on October 12, 2021 that New Survey Reveals 70% of Americans Are Putting “Me-Time” On Hold When They Need It Most.

Find Intentional Moments of “Me-Time” Ahead of Holiday Season with Woodwick® Candles.

As the holiday season fast approaches, a recent survey conducted by OnePoll, and sponsored by Newell Brands, the makers of WoodWick® candles, revealed that Americans aren’t finding enough time to dedicate to themselves, leaving many (65 percent) feeling less engaged with friends and family throughout the season. To help bring calm and intentionality to this hectic time of year, the WoodWick luxury candle brand is encouraging Americans to reignite their creativity, find new ways to entertain their senses, and be more intentional with their “me-time” via a multi-sensory experience.

The stocks have a year to date performance of 4.66 percent and weekly performance of 0.36 percent. The stock has been moved at -16.53 percent over the last six months. The stock has performed -10.11 percent around the most recent 30 days and changed -17.86 percent over the most recent 3-months.

If compared to the average trading volume of 2.33M shares, NWL reached to a volume of 3387440 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Newell Brands Inc. [NWL]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NWL shares is $28.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NWL stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Newell Brands Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on August 02, 2021. The new note on the price target was released on July 14, 2021, representing the official price target for Newell Brands Inc. stock. Previously, the target price had yet another raise to $33, while UBS analysts kept a Buy rating on NWL stock.

The Average True Range (ATR) for Newell Brands Inc. is set at 0.64, with the Price to Sales ratio for NWL stock in the period of the last 12 months amounting to 0.93. The Price to Book ratio for the last quarter was 2.37, with the Price to Cash per share for the same quarter was set at 1.46. Price to Free Cash Flow for NWL in the course of the last twelve months was 13.73 with Quick ratio for the last quarter at 0.70.

NWL stock trade performance evaluation

Newell Brands Inc. [NWL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.36. With this latest performance, NWL shares dropped by -10.11% in over the last four-week period, additionally sinking by -16.53% over the last 6 months – not to mention a rise of 25.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NWL stock in for the last two-week period is set at 35.95, with the RSI for the last a single of trading hit 36.00, and the three-weeks RSI is set at 36.96 for Newell Brands Inc. [NWL]. The present Moving Average for the last 50 days of trading for this stock 24.40, while it was recorded at 22.22 for the last single week of trading, and 25.74 for the last 200 days.

Newell Brands Inc. [NWL]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Newell Brands Inc. [NWL] shares currently have an operating margin of +9.63 and a Gross Margin at +32.71. Newell Brands Inc.’s Net Margin is presently recorded at -8.20.

Return on Total Capital for NWL is now 8.41, given the latest momentum, and Return on Invested Capital for the company is -7.56. Return on Equity for this stock declined to -17.43, with Return on Assets sitting at -5.08. When it comes to the capital structure of this company, Newell Brands Inc. [NWL] has a Total Debt to Total Equity ratio set at 160.25. Additionally, NWL Total Debt to Total Capital is recorded at 61.58, with Total Debt to Total Assets ending up at 42.23. Long-Term Debt to Equity for the company is recorded at 144.89, with the Long-Term Debt to Total Capital now at 55.67.

Reflecting on the efficiency of the workforce at the company, Newell Brands Inc. [NWL] managed to generate an average of -$24,839 per employee. Receivables Turnover for the company is 5.33 with a Total Asset Turnover recorded at a value of 0.62.Newell Brands Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.20.

Earnings per share (EPS) analysis for Newell Brands Inc. [NWL] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NWL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Newell Brands Inc. go to 4.17%.

Newell Brands Inc. [NWL]: Insider Ownership positions

There are presently around $8,255 million, or 89.40% of NWL stock, in the hands of institutional investors. The top three institutional holders of NWL stocks are: BLACKROCK INC. with ownership of 48,052,088, which is approximately 2.752% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 43,758,171 shares of the stock with an approximate value of $972.31 million in NWL stocks shares; and ICAHN CARL C, currently with $971.12 million in NWL stock with ownership of nearly 0% of the company’s market capitalization.

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Positions in Newell Brands Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 274 institutional holders increased their position in Newell Brands Inc. [NASDAQ:NWL] by around 20,905,041 shares. Additionally, 238 investors decreased positions by around 17,206,872 shares, while 91 investors held positions by with 333,409,819 shares. The mentioned changes placed institutional holdings at 371,521,732 shares, according to the latest SEC report filing. NWL stock had 76 new institutional investments in for a total of 4,683,589 shares, while 53 institutional investors sold positions of 2,909,134 shares during the same period.

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