10-May-2024
Newell Brands Board Changes and Shareholder Decisions
TipRanks (Fri, 10-May 4:14 PM ET)
Newell Brands declares $0.07 dividend
Seeking Alpha News (Thu, 9-May 9:08 AM ET)
Newell Brands Declares Dividend on Common Stock
Business Wire (Wed, 8-May 6:09 PM ET)
Newell Brands Announces First Quarter 2024 Results
Business Wire (Fri, 26-Apr 7:00 AM ET)
Sharpie Embarks on "The World Is Your Canvas" Tour to Empower Creativity Nationwide
PRNewswire (Thu, 18-Apr 8:01 AM ET)
Newell Brands to Webcast First Quarter 2024 Earnings Results
Business Wire (Fri, 12-Apr 8:00 AM ET)
Elmer's Unveils 'Elmer's Creations': An Inspiration Hub Where Hands-On Activity Promotes Learning
PRNewswire (Wed, 10-Apr 8:15 AM ET)
PRNewswire (Tue, 12-Mar 2:13 PM ET)
Globe Newswire (Mon, 4-Mar 7:40 AM ET)
Newell Brands Announces Board Refreshment
Business Wire (Thu, 22-Feb 4:10 PM ET)
Newell Brands Inc is an American global consumer goods company. The business activities of the group function through three segments namely, Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The learning and Development segment generates revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.
Newell Brands trades on the NASDAQ stock market under the symbol NWL.
As of May 10, 2024, NWL stock price declined to $8.09 with 2,162,089 million shares trading.
NWL has a beta of 1.33, meaning it tends to be more sensitive to market movements. NWL has a correlation of 0.10 to the broad based SPY ETF.
NWL has a market cap of $3.36 billion. This is considered a Mid Cap stock.
Last quarter Newell Brands reported $2 billion in Revenue and $.00 earnings per share. This beat revenue expectation by $13 million and exceeded earnings estimates by $.07.
In the last 3 years, NWL stock traded as high as $29.50 and as low as $6.50.
The top ETF exchange traded funds that NWL belongs to (by Net Assets): IJR, CALF, COWZ, VTI, VB.
NWL stock has underperformed the market in the last year with a return of -12.0%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NWL shares. However, NWL has outperformed the market in the last 3 month and 2 week periods, returning +19.1% and +3.9%, while SPY returned +4.2% and +2.5%, respectively. This indicates NWL has been having a stronger performance recently.
NWL support price is $8.01 and resistance is $8.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NWL stock will trade within this expected range on the day.