Stock Rating Upgrade
In recent days the Value Trend Rating for Newell Brands Inc (NASDAQ: NWL) rose significantly from F to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/22/20, Newell Brands Inc (NASDAQ: NWL) stock declined modestly by -0.6%, closing at $12.78. However, trading volume in this decline was unusually low at 51% of normal. Relative to the market the stock has been weak over the last nine months but has risen 10.0% during the last week.
Current PriceTarget Research Rating
NWL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Newell Brands has a current Value Trend Rating of C (Neutral). This VT Rating rose significantly in recent days from F previously. The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Newell Brands has a slightly positive Appreciation Score of 66 but a slightly negative Power Rating of 33, with the Neutral Value Trend Rating the result.