The 50-day moving average for Newell Brands Inc (NYSE: NWL) is $48.41, 7.87% and a 200-day moving average of $43.89, 18.98%. (NYSE:NWL) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. That is compared with the $0.64 in earnings per share it reported during the same period a year ago.
Advertisement
Newell Rubbermaid Inc.is a marketer of consumer and commercial products. The company had revenue of $591.1 million from Europe, Middle East and Africa a year ago.
Stock market analysts and brokers have recently amended their target prices on shares of Newell Rubbermaid Inc. Analysts, on average, predict Newell Brands Inc.to earn $0.72 in earnings per share (EPS) on revenue of $3.76B.
The company said its bottom line came in at $349.2 million, or $0.78 per share.
In related news, insider William A. Burke III sold 34,882 shares of Newell Rubbermaid stock in a transaction that occurred on Monday, May 23rd. The insider owns 4,529,415 shares which have current market value of around $223707807.ASHKEN IAN G H is another major inside shareholder in the company.
A simple moving average (SMA) is calculated by adding the closing price of the stock for the given time periods, say for 20 days, and then dividing it by that time period- i.e 20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Following the transaction, the Director is left with a stake of 992,909 shares, now valued at $49039776. The disclosure for this sale can be found here.
Newell Brands stock gained $2.72, or 5.5 percent, to $52.11 in late morning trading after hitting a high of $53.75 earlier in the day. There are 1 equity research firms suggesting a Hold and 0 consider it Sell.
05/02/2016 – Newell Rubbermaid Inc. had its “buy” rating reiterated by analysts at UBS. The stock presently has a consensus rating of Buy and a consensus target price of $54.40. Zacks Investment Research lowered shares of Newell Rubbermaid from a “buy” rating to a “hold” rating in a research report on Monday. Stock’s minimum price target estimates has been figured out at $50.00 while the maximum price target forecast is established at $61.00. 3 Months Ago, the stock has been rated as “Buy” from 19 Analysts.
Advertisement
July 29 Newell Brands Inc, the maker of Sharpie pens and Rubbermaid food containers, reported better-than-expected quarterly sales, helped by its acquisition of Jarden Corp. Coffee and Yankee Candle, for about $13 billion in April.
