Media headlines about Newell Brands (NYSE:NWL) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Newell Brands earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.7771750914709 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Newell Brands Inc (NWL) Stake Lifted by Capital Analysts LLC (americanbankingnews.com)
- Pinnacle Associates Ltd. Grows Stake in Newell Brands Inc (NWL) (americanbankingnews.com)
- Newell Brands Inc (NWL) Shares Sold by BlackRock Inc. (americanbankingnews.com)
- Newell Brands Inc (NWL) Stake Lessened by State of Wisconsin Investment Board (americanbankingnews.com)
- Newell Brands (NWL) Presents At Consumer Analyst Group Of New York Investor Conference 2018 – Slideshow (seekingalpha.com)
Newell Brands (NYSE:NWL) traded up $0.09 during trading hours on Friday, reaching $26.80. 7,205,966 shares of the company traded hands, compared to its average volume of 13,190,000. The firm has a market cap of $13,130.00, a PE ratio of 12.41, a P/E/G ratio of 1.37 and a beta of 0.89. Newell Brands has a 1 year low of $23.85 and a 1 year high of $55.08. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.70.
Newell Brands (NYSE:NWL) last released its earnings results on Friday, February 16th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.67 by $0.01. The firm had revenue of $3.74 billion during the quarter, compared to analysts’ expectations of $3.69 billion. Newell Brands had a net margin of 18.65% and a return on equity of 10.47%. The business’s quarterly revenue was down 9.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 EPS. research analysts forecast that Newell Brands will post 2.7 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend is Tuesday, February 27th. Newell Brands’s payout ratio is currently 42.59%.
Newell Brands declared that its board has approved a stock buyback plan on Thursday, November 2nd that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board of directors believes its shares are undervalued.
A number of analysts have recently weighed in on NWL shares. Raymond James Financial restated a “market perform” rating on shares of Newell Brands in a research note on Friday, November 3rd. Morgan Stanley reduced their price objective on shares of Newell Brands from $54.00 to $38.00 and set an “overweight” rating for the company in a research note on Friday, November 3rd. Royal Bank of Canada restated a “sector perform” rating and issued a $27.00 price objective on shares of Newell Brands in a research note on Tuesday. Forward View restated a “buy” rating and issued a $35.00 price objective on shares of Newell Brands in a research note on Sunday, November 5th. Finally, Zacks Investment Research upgraded shares of Newell Brands from a “sell” rating to a “hold” rating and set a $36.00 price objective for the company in a research note on Monday, January 8th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $34.50.
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Newell Brands Company Profile
Newell Brands Inc is a marketer of consumer and commercial products. The Company’s segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, Consumer Solutions, Outdoor Solutions and Process Solutions. Its products are marketed under a portfolio of brands, including Paper Mate, Sharpie, Dymo, Expo, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Mr.
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