Newell Brands (NASDAQ:NWL) Releases Earnings Results, Beats Expectations By $0.02 EPS

Newell Brands (NASDAQ:NWL - Get Free Report) announced its quarterly earnings data on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02, Zacks reports. Newell Brands had a negative net margin of 3.22% and a positive return on equity of 10.22%. During the same period in the prior year, the company earned $0.22 earnings per share. Newell Brands updated its FY 2025 guidance to 0.700-0.760 EPS and its Q1 2025 guidance to -0.090--0.060 EPS.

Newell Brands Stock Performance

Shares of NASDAQ:NWL traded up $0.32 on Tuesday, hitting $7.33. 14,442,770 shares of the company were exchanged, compared to its average volume of 7,507,593. Newell Brands has a 1-year low of $5.39 and a 1-year high of $11.78. The stock's 50 day moving average price is $10.10 and its 200 day moving average price is $8.72. The company has a current ratio of 0.99, a quick ratio of 0.50 and a debt-to-equity ratio of 1.43. The firm has a market capitalization of $3.05 billion, a P/E ratio of -12.22, a price-to-earnings-growth ratio of 1.09 and a beta of 0.89.

Analyst Upgrades and Downgrades

NWL has been the subject of several research analyst reports. Wells Fargo & Company decreased their price target on shares of Newell Brands from $11.00 to $9.00 and set an "equal weight" rating for the company in a research note on Monday. JPMorgan Chase & Co. lifted their price target on shares of Newell Brands from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Thursday, January 16th. Canaccord Genuity Group decreased their price target on shares of Newell Brands from $15.00 to $14.00 and set a "buy" rating for the company in a research note on Monday. Citigroup decreased their price target on shares of Newell Brands from $10.50 to $7.75 and set a "neutral" rating for the company in a research note on Monday. Finally, Barclays lifted their price target on shares of Newell Brands from $10.00 to $11.00 and gave the company an "overweight" rating in a research note on Friday, January 17th. Eight research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $10.50.

Insider Transactions at Newell Brands

In related news, insider Tracy L. Platt sold 23,343 shares of the business's stock in a transaction on Friday, December 6th. The shares were sold at an average price of $10.31, for a total transaction of $240,666.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.58% of the company's stock.

About Newell Brands

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.