Newell Brands Inc. (NYSE:NWL) registered a -0.47% decrease, still its new closing price is 41.00% up from the company’s 1 year high of 55.04.It posted 0.11% gains in previous 5 sessions and is now the subject of 2 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 8 buy or better ratings. The 18 stock analysts following this company have an average price target at $57.31, with individual PT in the $48.00-$67.00 range. The shares moved at $46.13, implying that brokerage firms see shares gaining about 25.02% in twelve months time.
Newell Brands Inc. (NWL) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 3.31% rise year to date. A CEO at Newell Brands Inc. (NWL) acquired shares in a transaction closed on Tuesday November 01, 2016. POLK MICHAEL B bought 4,000 shares in the company at $47.82 each and collected $191,000 in proceeds. POLK MICHAEL B now owns 857,858 shares in the company after this transaction. A President in the company, Tarchetti Mark, disclosed a transaction on Monday October 31, 2016 that ended up paying $598,001 from the purchase of 12,436 shares at $48.15 per share.
Newell Brands Inc. (NYSE:NWL) Upcoming Results on Tap
Newell Brands Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.85 in that period. Sales during the quarter are predicted to arrive at $3.12 billion.
Earnings surprise history: Last quarter, the company posted approximately $3.95 billion in revenue and EPS of $0.78. The mean forecast was for $4.06 billion and $0.73 a share, respectively. One quarter earlier, revenue for the stock was at $3.86 billion, with earnings at $0.78/share.
Newell Brands Inc. (NWL) Brokerage Update
Newell Brands Inc. (NWL) is in Raymond James’s research list so their analyst rating change is noteworthy. These shares were upgraded to Strong Buy from Outperform by Raymond James, according to news reported on Tuesday November 08, 2016.Another important research note was issued by Raymond James on Monday February 01, 2016.The firm upgraded NWL to Outperform from Mkt Perform. Over the last six months and over the last three months, the shares of Newell Brands Inc. (NWL), have changed -5.90% and -8.94%, respectively.
