Analysts Set Newell Brands Inc. (NASDAQ:NWL) Price Target at $5.94

Newell Brands Inc. (NASDAQ:NWLGet Free Report) has received an average rating of “Hold” from the ten brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $6.1111.

A number of research firms have issued reports on NWL. JPMorgan Chase & Co. cut their price target on Newell Brands from $6.00 to $5.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Royal Bank Of Canada cut their target price on shares of Newell Brands from $8.00 to $4.50 and set a “sector perform” rating on the stock in a research note on Monday, November 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Newell Brands in a report on Monday, December 29th. UBS Group reiterated a “neutral” rating and set a $5.00 price objective on shares of Newell Brands in a report on Monday. Finally, Citigroup increased their price objective on shares of Newell Brands from $4.25 to $5.00 and gave the stock a “neutral” rating in a research report on Monday.

Get Our Latest Stock Report on Newell Brands

Hedge Funds Weigh In On Newell Brands

A number of institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in Newell Brands in the 2nd quarter valued at $35,000. Summit Global Investments bought a new position in shares of Newell Brands in the second quarter valued at $54,000. HB Wealth Management LLC acquired a new position in shares of Newell Brands during the second quarter valued at about $55,000. Forum Financial Management LP acquired a new position in shares of Newell Brands during the third quarter valued at about $54,000. Finally, Vise Technologies Inc. bought a new stake in shares of Newell Brands during the third quarter worth about $54,000. 92.50% of the stock is owned by institutional investors and hedge funds.

Newell Brands Stock Performance

Shares of NWL opened at $4.50 on Friday. The company has a current ratio of 1.07, a quick ratio of 0.57 and a debt-to-equity ratio of 1.90. The firm’s fifty day simple moving average is $4.06 and its two-hundred day simple moving average is $4.59. Newell Brands has a 12 month low of $3.07 and a 12 month high of $7.15. The stock has a market capitalization of $1.89 billion, a P/E ratio of -6.62 and a beta of 0.93.

Newell Brands (NASDAQ:NWLGet Free Report) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.18 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.18. Newell Brands had a positive return on equity of 9.17% and a negative net margin of 3.96%.The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.88 billion. During the same period in the previous year, the business earned $0.16 EPS. The firm’s revenue was down 2.7% compared to the same quarter last year. Newell Brands has set its Q1 2026 guidance at -0.120–0.080 EPS. As a group, analysts predict that Newell Brands will post 0.72 EPS for the current year.

Newell Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, February 27th will be issued a $0.07 dividend. The ex-dividend date is Friday, February 27th. This represents a $0.28 annualized dividend and a yield of 6.2%. Newell Brands’s dividend payout ratio is presently -41.18%.

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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