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Newell Brands Inc. (NYSE:NWL) Stock Rises, Analysts: Buy Rating

The highest achievable sales estimated by the analysts are $4,473.30M while lowest reachable sales target of $4,272.30M calculated by analysts.

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A number of other research firms have also issued reports on NWL.

08/01/2016 – Newell Rubbermaid Inc. had its “buy” rating reiterated by analysts at UBS.

These instituitional investors have teams of analysts researching thousands of stocks, so it is good confirmation to see them buying a stock you are considering. The Median price target for the stock is measured at $60.00.

The stocks average daily volume is 4,075,290 shares out of a total float 478,868,000 of and some 3,993,181 shares crossed the trading desk yesterday, 109 percent lower than normal. Investors are keen to buy the stocks, with a “1” rating and opt for sell if the score is five.

02/08/2016 – Gabelli began new coverage on Newell Rubbermaid Inc. giving the company a “buy” rating.

Newell Brands Inc (NYSE:NWL) went up +0.28% during trading on 9/12/2016, hitting $50.74. Jefferies Group has a “Top Pick” rating and a $66.00 price target on the stock. The firm has a SMA 50 (Simple Moving Average) of $53.19 and a SMA 200-(Simple Moving Average) of $47.64. The rating by the firm was issued on August 1, 2016. Newell Rubbermaid Inc.stock has a 52-week high of $55.45.

Company latest quarter ended on 30 Jun 2016, company announced earnings of $1.05. Sell-side analyst recommendations point to a short term price target of $59.75 on the company shares. Carroll Financial Associates Inc. increased its stake in shares of Newell Rubbermaid by 3.2% in the second quarter. Higher EPS estimate that can be reached in this quarter is determined at $0.78 and lower forecasted EPS is placed at $0.69. The one year high of the company is $55.45 and the one year low is $33.26. The business’s quarterly revenue was up 147.2% compared to the same quarter a year ago.

For current fiscal year, most recent EPS estimate is set at $2.88 based on Analyst consensus and three month ago consensus EPS opinions was at $2.80. The debt-to-equity ratio (D/E) was recorded at 0.17. This represents a $0.76 annualized dividend and a yield of 1.50%. The ex-dividend date was Monday, August 29th.

The ability for Newell Brands Inc., to deal with debt, means it current ratio is 1.6, and quick ratio is 0.9. Its Director ASHKEN IAN G H sold 346,781 company shares for $16822000.35, in a transaction on 2016-06-23. United Asset Strategies Inc. now owns 5,720 shares of the company’s stock valued at $278,000 after buying an additional 252 shares in the last quarter. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Seven Bridges Advisors LLC acquired a new position in Newell Rubbermaid during the second quarter worth approximately $137,000. 16 Financial Analysts covered the company’s stock.

Recently stock market analysts updated their outstanding price targets on shares of Newell Rubbermaid Inc.

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Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions. (NWL): offers writing instruments, including markers and highlighters, pens, and pencils; art products; activity-based adhesive and cutting products; fine writing instruments; and labeling solutions under the Sharpie, Paper Mate, Expo, Prismacolor, Mr. Sketch, Elmer’s, X-Acto, Parker, Waterman, and Dymo Office brands.

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