Newell Brands (NASDAQ:NWL) Posts Earnings Results

Newell Brands (NASDAQ:NWL - Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02, Zacks reports. Newell Brands had a positive return on equity of 10.22% and a negative net margin of 3.22%. During the same quarter in the previous year, the firm posted $0.22 EPS. 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 Up 4.6 %

Shares of NWL stock traded up $0.32 on Tuesday, reaching $7.33. 14,442,770 shares of the company's stock traded hands, compared to its average volume of 7,507,593. The company 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. Newell Brands has a 12-month low of $5.39 and a 12-month high of $11.78. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.50 and a current ratio of 0.99. The business's 50 day moving average price is $10.10 and its two-hundred day moving average price is $8.72.

Analyst Ratings Changes

Several brokerages have recently issued reports on NWL. Royal Bank of Canada lowered their price target on Newell Brands from $9.50 to $9.00 and set a "sector perform" rating on the stock in a research report on Monday. Truist Financial upgraded Newell Brands from a "hold" rating to a "buy" rating and lifted their target price for the stock from $10.00 to $17.00 in a report on Monday, December 9th. Citigroup decreased their target price on Newell Brands from $10.50 to $7.75 and set a "neutral" rating on the stock in a report on Monday. Wells Fargo & Company decreased their target price on Newell Brands from $11.00 to $9.00 and set an "equal weight" rating on the stock in a report on Monday. Finally, Barclays lifted their target price on Newell Brands from $10.00 to $11.00 and gave the stock an "overweight" rating in a report on Friday, January 17th. Eight investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $10.50.

Insider Activity at Newell Brands

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

Newell Brands Company Profile

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.