Newell Brands (NASDAQ:NWL) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Newell Brands (NASDAQ:NWLGet Free Report) had its price objective boosted by equities researchers at JPMorgan Chase & Co. from $5.00 to $7.00 in a note issued to investors on Thursday,Benzinga reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 27.16% from the stock’s previous close.

A number of other research analysts have also weighed in on NWL. Weiss Ratings reissued a “sell (d-)” rating on shares of Newell Brands in a research report on Friday, May 15th. Deutsche Bank Aktiengesellschaft reduced their target price on Newell Brands from $5.00 to $3.00 and set a “hold” rating for the company in a report on Monday, March 30th. Canaccord Genuity Group increased their price target on Newell Brands from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Morgan Stanley cut Newell Brands from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $4.00 to $3.50 in a research report on Wednesday, May 20th. Finally, Royal Bank Of Canada set a $4.00 target price on Newell Brands in a research report on Thursday, April 9th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $5.12.

Check Out Our Latest Analysis on NWL

Newell Brands Stock Up 6.7%

NWL stock traded up $0.34 during mid-day trading on Thursday, reaching $5.50. 3,965,255 shares of the company traded hands, compared to its average volume of 7,857,648. The company has a quick ratio of 0.51, a current ratio of 1.04 and a debt-to-equity ratio of 1.94. The firm’s 50 day moving average price is $4.56 and its 200 day moving average price is $4.28. The stock has a market cap of $2.34 billion, a price-to-earnings ratio of -8.23, a P/E/G ratio of 6.17 and a beta of 0.87. Newell Brands has a fifty-two week low of $3.07 and a fifty-two week high of $6.64.

Newell Brands (NASDAQ:NWLGet Free Report) last posted its earnings results on Friday, May 1st. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.04. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.51 billion. Newell Brands had a positive return on equity of 8.89% and a negative net margin of 3.91%.The company’s revenue for the quarter was down 1.1% on a year-over-year basis. During the same quarter last year, the company earned ($0.01) earnings per share. Newell Brands has set its FY 2026 guidance at 0.560-0.600 EPS and its Q2 2026 guidance at 0.160-0.190 EPS. As a group, equities research analysts predict that Newell Brands will post 0.57 EPS for the current fiscal year.

Insider Buying and Selling

In other Newell Brands news, insider Bradford R. Turner sold 100,000 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $3.60, for a total value of $360,000.00. Following the sale, the insider directly owned 464,449 shares in the company, valued at $1,672,016.40. This represents a 17.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Melanie Arlene Huet sold 91,000 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $4.50, for a total transaction of $409,500.00. Following the completion of the transaction, the insider directly owned 867 shares of the company’s stock, valued at approximately $3,901.50. The trade was a 99.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 202,750 shares of company stock valued at $812,396. Corporate insiders own 1.64% of the company’s stock.

Institutional Investors Weigh In On Newell Brands

Several large investors have recently added to or reduced their stakes in NWL. Quarry LP raised its stake in Newell Brands by 139.3% in the fourth quarter. Quarry LP now owns 7,416 shares of the company’s stock valued at $28,000 after purchasing an additional 4,317 shares in the last quarter. Summit Securities Group LLC purchased a new position in shares of Newell Brands in the 4th quarter worth about $30,000. Vise Technologies Inc. bought a new stake in Newell Brands in the 3rd quarter worth approximately $54,000. HighPoint Advisor Group LLC purchased a new stake in Newell Brands in the fourth quarter worth approximately $39,000. Finally, CreativeOne Wealth LLC bought a new position in Newell Brands during the third quarter valued at approximately $54,000. Institutional investors own 92.50% of the company’s stock.

Newell Brands Company Profile

(Get Free Report)

Newell Brands Inc, trading on NASDAQ under the ticker NWL, is a global consumer goods company known for its diverse portfolio of household, commercial, and specialty products. Formed through the merger of Newell Rubbermaid and Jarden Corporation in 2016, the company traces its roots back to Newell Manufacturing, which was founded in 1903. Headquartered in Atlanta, Georgia, Newell Brands has built a reputation for widely recognized brands spanning multiple consumer categories.

The company’s business activities are organized across several segments, including writing and creative expression, home solutions, commercial products, and outdoor recreation.

Further Reading

Analyst Recommendations for Newell Brands (NASDAQ:NWL)

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