Newell Brands (NASDAQ:NWL) Announces Quarterly Earnings Results

Newell Brands (NASDAQ:NWL) posted 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 positive return on equity of 10.22% and a negative net margin of 3.22%. During the same period in the previous year, the business 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 Performance

NASDAQ:NWL traded down $2.51 during mid-day trading on Friday, reaching $7.19. The company’s stock had a trading volume of 25,961,128 shares, compared to its average volume of 6,426,336. The stock has a market cap of $2.99 billion, a P/E ratio of -12.19, a PEG ratio of 1.12 and a beta of 0.89. 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’s fifty day moving average price is $10.20 and its two-hundred day moving average price is $8.68. Newell Brands has a 12-month low of $5.39 and a 12-month high of $11.78.

Newell Brands Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 3.90%. The ex-dividend date was Friday, November 29th. Newell Brands’s dividend payout ratio is presently -46.67%.

Insiders Place Their Bets

In related news, insider Tracy L. Platt sold 23,343 shares of the company’s 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. UBS Group upped their price target on Newell Brands from $9.50 to $10.50 and gave the stock a “neutral” rating in a report on Thursday, January 16th. JPMorgan Chase & Co. lifted their price target on shares of Newell Brands from $9.00 to $10.00 and gave the stock a “neutral” rating in a report on Thursday, January 16th. Wells Fargo & Company lifted their target price on shares of Newell Brands from $9.00 to $11.00 and gave the company an “equal weight” rating in a report on Tuesday, January 7th. Barclays upped their target price on Newell Brands from $10.00 to $11.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Finally, Canaccord Genuity Group raised their price objective on Newell Brands from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Newell Brands has an average rating of “Hold” and an average target price of $10.70.

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.