Newell Brands Inc (NASDAQ:NWL) shares, rose in value on Wednesday, March 26, with the stock price down by -1.37% to the previous day’s close as strong demand from buyers drove the stock to $6.49.
Actively observing the price movement in the last trading, the stock closed the session at $6.58, falling within a range of $6.43 and $6.61. The value of beta (5-year monthly) was 0.863. Referring to stock’s 52-week performance, its high was $11.78, and the low was $5.39. On the whole, NWL has fluctuated by -4.14% over the past month.
With the market capitalization of Newell Brands Inc currently standing at about $2.70 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-06. The company’s Forward Dividend Ratio is 0.28, with its dividend yield at 4.31%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 7.36B, with a low estimate of 1.52B and a high estimate of 1.55B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.54B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that NWL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of NWL currently trading nearly -0.89% and -17.39% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.46, while the 7-day volatility ratio is showing 3.27% which for the 30-day chart, stands at 4.21%. Furthermore, Newell Brands Inc (NWL)’s beta value is 0.83, and its average true range (ATR) is 0.29.
A comparison of Newell Brands Inc (NWL) with its peers suggests the former has fared considerably weaker in the market. NWL showed an intraday change of -1.37% in last session, and over the past year, it shrunk by -15.27%%.
Data on historical trading for Newell Brands Inc (NASDAQ:NWL) indicates that the trading volumes over the past 10 days have averaged 7.78 and over the past 3 months, they’ve averaged 8.59 million. According to company’s latest data on outstanding shares, there are 416.10 million shares outstanding.
Nearly 0.47% of Newell Brands Inc’s shares belong to company insiders and institutional investors own 95.33% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 22.61 million shares as on 2025-03-14, resulting in a short ratio of 1.94. According to the data, the short interest in Newell Brands Inc (NWL) stood at 926.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 17.9 million. The stock has fallen by -34.84% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the NWL stock heading into the next quarter.
