14.58 +0.04 (0.28%)
After hours: 6:15PM EDT
|Bid||14.51 x 800|
|Ask||14.72 x 900|
|Day's Range||14.27 - 14.74|
|52 Week Range||13.04 - 28.00|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.92 (6.86%)|
|1y Target Est||19.33|
Newell's (NWL) dismal sales surprise trend can be attributed to lower core sales and adverse foreign currency. Nevertheless, its Transformation Plan appears encouraging.
It was a rough fourth quarter for many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing the S&P by more […]
Newell Brands Inc NASDAQ/NGS:NWLView full report here! Summary * Perception of the company's creditworthiness is negative * Bearish sentiment is moderate and increasing Bearish sentimentShort interest | NegativeShort interest is moderately high for NWL with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on May 30. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold NWL had net inflows of $5.64 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. NWL credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Newell (NWL) agrees to divest the United States Playing Card Company to Cartamundi Group. This move is in sync with the company's Transformation Plan.
FISHERS, Ind., June 5, 2019 /PRNewswire/ -- Today, Ball® Fresh Preserving is celebrating 135 years of Ball® Jars helping foodies and home canners everywhere bring fresh, fun flavors to the kitchen. The Collector's Edition Ball® Aqua Vintage Jars are designed with the aesthetics of the past. Ball® Aqua Vintage Jars are available in Half Pint, Pint, and Quart Sizes.
Newell Brands continues to make progress on its Accelerated Transformation Plan, designed to create a simpler, faster, stronger consumer-focused portfolio of leading brands, and today announced that it has signed a definitive agreement to sell The United States Playing Card Company to Cartamundi Group, a leading manufacturer and distributor of playing cards and board games.
Today we'll take a closer look at Newell Brands Inc. (NASDAQ:NWL) from a dividend investor's perspective. Owning a...
Newell Brands (NWL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
DEEP DIVE A return to stock-market volatility no doubt has many investors worried. We have seen that over long periods, low-volatility index funds have performed better than their full-index benchmarks.
Newell Brands Inc. announced today the declaration of a quarterly cash dividend of $0.23 per share. The dividend is payable June 14, 2019 to common stockholders of record at the close of business on May 31, 2019.
finally showed some signs of life on Friday, rising 13.5% on the back of better than expected first quarter earnings. The beleaguered company has seen a lot of change over the past couple of years, selling off businesses and brands in an attempt to reduce debt and get back on track. During the quarter, NWL sold off two more businesses, Process Solutions and Rexair, for $735 million (after-tax).
The Nasdaq reached a record close as a positive April jobs report muted concerns about interest rates. has been buying shares of the online retailing giant. reported better-than-expected first-quarter results on the back of stronger sales of its household products and streamlined costs.
U.S. stocks surged after two days of declines. The Dow Jones Industrial Average rose 0.75% to close at 26,504.95. The S&P 500 gained 0.96% to end at 2945.64, and the Nasdaq Composite added 1.58% to close at 8164.
Sales continue to fall, but management’s turnaround strategy and a return to growth in the baby products division offer reason for optimism. But there are still problems investors shouldn't ignore.
Newell Brands shares soared more than 11% after the company beat Wall Street estimates on its first-quarter results. Analysts polled by Refinitiv expected a profit of 6 cents per share. CBS CBS — Shares of the media company fell nearly 2.3% after reporting quarterly revenue that missed analyst expectations.
The company's sales in the past year were hit by the bankruptcy of the toy retailer which meant less shelf space for Newell's baby products, such as Graco car seats and Baby Jogger strollers. "Coming out of the first quarter, the headwinds stemming from the (Toys 'R' Us) bankruptcy subsides and we expect baby to return to growth," Chief Financial Officer Christopher Peterson said on a post-earnings call with analysts. "While the Q2 outlook is less than we hoped, we think sentiment entering the print was so bad it was actually good," said Wells Fargo analyst Bonnie Herzog.
U.S. consumer products maker Newell Brands Inc on Friday beat first-quarter estimates and said the bankruptcy of its retail partner Toys 'R' Us would not have anymore impact on its business, sending its share up 10 percent. The company's sales in the past year were hit by the bankruptcy of the toy retailer which meant less shelf space for Newell's baby products, such as Graco car seats and Babby Jogger strollers. Newell has been divesting its non-core businesses such as Jostens, Pure Fishing and Waddington Group to focus on higher-margin consumer products as part of its $9 billion turnaround plan.
on Friday reported better-than-expected first-quarter results on the back of stronger sales of its household products and streamlined costs. On an adjusted basis, the company posted net income of $60.9 million, or 14 cents a share, above the 6 cents a share analysts surveyed by FactSet had been expecting. "We have had a good start to the year and are encouraged by the improvement in results in the first quarter," CEO Michael Polk said in a statement, noting that sales were "at the higher end" of the company's expectations.