Newell Brands Inc (NASDAQ: NWL) has reported E.P.S. of $-0.48 for its third fiscal quarter (ending September 30) versus $-0.53 for the same period a year ago — a decline of -9%. For the latest four quarters through September 30, E.P.S. were $-0.60 compared to $-1.33 a year ago — a decline of -55%.
Recent Price Action
Newell Brands Inc (NASDAQ: NWL) stock closed at $8.73 on 10/25/24 after a major increase of 21.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 308% of normal. The stock has risen 13.7% during the last week and has performed in line with the market over the last nine months.
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 (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Newell Brands has a neutral Appreciation Score of 50 and a slightly positive Power Rating of 68, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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