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

Newell Brands (NASDAQ:NWL) released its quarterly earnings results on Friday. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02, Zacks reports. Newell Brands had a positive return on equity of 10.22% and a negative net margin of 3.22%. During the same period last year, the company earned $0.22 earnings per share. 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 Stock Performance

Newell Brands stock opened at $7.13 on Friday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.50 and a current ratio of 0.99. The company has a market capitalization of $2.97 billion, a PE ratio of -11.88, a P/E/G ratio of 1.09 and a beta of 0.89. The company has a 50 day moving average price of $10.15 and a 200-day moving average price of $8.68. Newell Brands has a fifty-two week low of $5.39 and a fifty-two week high of $11.78.

Newell Brands Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 3.93%. The ex-dividend date was Friday, November 29th. Newell Brands’s dividend payout ratio (DPR) is presently -46.67%.

Insider Buying and Selling

In related news, insider Tracy L. Platt sold 23,343 shares of the company’s stock in a transaction dated Friday, December 6th. The shares were sold at an average price of $10.31, for a total value of $240,666.33. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.58% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

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

Newell Brands Company Profile

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.