Newell Brands (NASDAQ:NWL) Posts Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Newell Brands (NASDAQ:NWL) posted its quarterly earnings data on Friday. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02, Zacks reports. Newell Brands had a negative net margin of 3.22% and a positive return on equity of 10.22%. During the same period in the prior year, the business earned $0.22 EPS. Newell Brands updated its FY 2025 guidance to 0.700-0.760 EPS and its Q1 2025 guidance to -0.090–0.060 EPS.

Newell Brands Price Performance

NWL stock opened at $7.13 on Friday. The company has a market capitalization of $2.97 billion, a PE ratio of -11.88, a price-to-earnings-growth ratio of 1.09 and a beta of 0.89. The company’s fifty day moving average price is $10.15 and its 200-day moving average price is $8.68. Newell Brands has a one year low of $5.39 and a one year high of $11.78. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.50 and a current ratio of 0.99.

Newell Brands Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend was Friday, November 29th. Newell Brands’s payout ratio is currently -46.67%.

Analysts Set New Price Targets

NWL has been the topic of several analyst reports. Canaccord Genuity Group lifted their price target on shares of Newell Brands from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, December 6th. Truist Financial upgraded Newell Brands from a “hold” rating to a “buy” rating and lifted their target price for the company from $10.00 to $17.00 in a research report on Monday, December 9th. Wells Fargo & Company upped their price target on Newell Brands from $9.00 to $11.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 7th. UBS Group lifted their price objective on Newell Brands from $9.50 to $10.50 and gave the company a “neutral” rating in a research report on Thursday, January 16th. Finally, Barclays boosted their price objective on Newell Brands from $10.00 to $11.00 and gave the company an “overweight” rating in a research note on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $10.70.

Insider Activity at Newell Brands

In related news, insider Tracy L. Platt sold 23,343 shares of the stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $10.31, for a total transaction of $240,666.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.58% of the stock is currently owned by corporate insiders.

About Newell Brands

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.