|Bid||15.20 x 4000|
|Ask||15.21 x 2200|
|Day's Range||15.10 - 15.45|
|52 Week Range||13.57 - 28.00|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.92 (6.40%)|
|1y Target Est||19.00|
Newell Brands Inc NASDAQ/NGS:NWLView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * 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 17. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding NWL totaled $9.70 billion. Additionally, the rate of outflows appears to be accelerating. 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.
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.
Our call of the day, from Byron Lotter, portfolio manager at South African-based Vestact Asset Management, says news that Berkshire is buying shares of Amazon is a wake-up call for investors who think the company is out of their reach.
Newell (NWL) rides high on better-than-expected results in Q1. Further, the company's operating margin expands on the back of its strict cost management.
HOBOKEN, N.J. (AP) _ Newell Brands Inc. (NWL) on Friday reported a first-quarter loss of $151.2 million, after reporting a profit in the same period a year earlier. For the current quarter ending in July, Newell Brands expects its per-share earnings to range from 34 cents to 38 cents. Newell Brands expects full-year earnings in the range of $1.50 to $1.65 per share, with revenue ranging from $8.2 billion to $8.4 billion.
Check out the companies making headlines before the bell: Boeing BA — The Wall Street Journal reports that Boeing limited input from its test pilots on the flight control systems for the now-grounded 737 Max jet fleet, contrary to established procedure.
One of the greatest obstacles to share price appreciation is mediocre management, supported by a complacent board. But activist investors offer a solution, targeting poorly managed companies and lobbying them for changes they think will sweeten the share price.Activist investors look for issues such as weak corporate governance or executive compensation schemes when hunting new stocks to buy. They often then take a significant stake in the company and push for things such as asset sales or the return of excess cash to shareholders. Companies slow to implement change may be threatened with "proxy fights" that result in corporate officers and directors being forced from their seats.These activist investors sometimes create big windfalls for shareholders. For instance, Carl Icahn pushed eBay (EBAY) to spin off its PayPal (PYPL) business in 2015; since then, PayPal has tripled in value. Activist David Einhorn pressured Apple (AAPL) in 2013, urging the iPhone maker to return excess cash to shareholders. Since fiscal 2012, Apple has returned more than $350 billion in the form of buybacks and dividends, with the vast majority of that coming since 2013.Here are 17 stocks to buy if you believe in the ideas of their activist investors. Some have just recently come under siege, others are in the middle of proxy fights, and still others have already made truces and have implemented changes to unlock value. But all of these stocks carry significant risk - after all, activist investors typically target struggling companies, and no turnaround is a slam dunk. So invest in small amounts, with funds from the portion of your portfolio dedicated to aggressive holdings. SEE ALSO: 50 Top Stocks That Billionaires Love
Newell Brands (NWL) delivered earnings and revenue surprises of 133.33% and 1.18%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Newell Brands Inc. rallied 2.7% in premarket trade Friday, after the consumer products company reported first-quarter earnings and sales that topped expectations. The company, which brands include Paper Mate, Graco and Calphalon, swung to a net loss of $151.2 million, or 36 cents a share, from a profit of $53.3 million, or 11 cents a share, in the same period a year ago. Excluding non-recurring items, such as charges for the write-down the value of assets businesses held for sale, adjusted EPS fell to 14 cents from 28 cents, but beat the FactSet consensus of 6 cents. Sales fell 5.5% to $1.71 billion, just above the FactSet consensus of $1.69 billion. Operating margin swung to positive 0.9% from negative 1.5%. For the second quarter, the company expects adjusted EPS of 34 cents to 38 cents, below the FactSet consensus of 47 cents, and sales of $2.10 billion to $2.15 billion, surrounding expectations of $2.11 billion. "As expected, U.S. retailer headwinds associated with the Toys 'R' Us bankruptcy and the Writing industry retailer landscape have begun to moderate as we exit the first quarter, setting up what we believe will be a more constructive environment for the balance of 2019," said Chief Executive Michael Polk. The stock has tumbled 21.2% year to date through Thursday, while the S&P 500 has gained 16.4%.
U.S. consumer goods maker Newell Brands Inc exceeded Wall Street expectation for quarterly sales on Friday, benefiting from higher demand for products in its writing business. The company reported a net ...