Newell Brands Inc. (NASDAQ:NWL – Get Rating) has earned an average rating of "Moderate Buy" from the nine brokerages that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $22.00.

Several research analysts have commented on the stock. Jefferies Financial Group dropped their price objective on shares of Newell Brands from $34.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, September 14th. TheStreet lowered shares of Newell Brands from a "b-" rating to a "c+" rating in a report on Monday. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Newell Brands from $21.00 to $17.00 in a research note on Wednesday, September 7th. Barclays decreased their price target on shares of Newell Brands from $19.00 to $18.00 and set an "equal weight" rating for the company in a research note on Monday, September 12th. Finally, Morgan Stanley dropped their price objective on Newell Brands from $27.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 3rd.

Insider Transactions at Newell Brands

In other news, Director Courtney Mather sold 50,000 shares of the company's stock in a transaction on Monday, September 12th. The stock was sold at an average price of $18.17, for a total transaction of $908,500.00. Following the transaction, the director now directly owns 10,691 shares of the company's stock, valued at $194,255.47. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Brett Icahn sold 71,304 shares of the business's stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $16.89, for a total transaction of $1,204,324.56. Following the sale, the director now directly owns 953,003 shares of the company's stock, valued at $16,096,220.67. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Courtney Mather sold 50,000 shares of the business's stock in a transaction on Monday, September 12th. The shares were sold at an average price of $18.17, for a total transaction of $908,500.00. Following the sale, the director now directly owns 10,691 shares in the company, valued at $194,255.47. The disclosure for this sale can be found here. Insiders own 0.58% of the company's stock.

Institutional Inflows and Outflows

Newell Brands Trading Down 3.2 %

Shares of NWL opened at $13.97 on Friday. The company's fifty day moving average is $18.53 and its 200 day moving average is $20.20. Newell Brands has a fifty-two week low of $13.73 and a fifty-two week high of $26.45. The stock has a market capitalization of $5.78 billion, a PE ratio of 8.22 and a beta of 0.76. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.48 and a current ratio of 1.03.

Newell Brands (NASDAQ:NWL – Get Rating) last posted its quarterly earnings data on Friday, July 29th. The company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.47 by $0.10. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.54 billion. Newell Brands had a net margin of 6.89% and a return on equity of 19.96%. Newell Brands's quarterly revenue was down 7.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 earnings per share. Sell-side analysts expect that Newell Brands will post 1.63 earnings per share for the current fiscal year.

Newell Brands Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.59%. The ex-dividend date of this dividend was Tuesday, August 30th. Newell Brands's payout ratio is presently 54.12%.

Newell Brands Company Profile

(Get Rating)

Newell Brands Inc designs, manufactures, sources, and distributes consumer and commercial products worldwide. It operates in five segments: Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solutions; closet and garage organization products; hygiene systems and material handling solutions; and home and security, and smoke and carbon monoxide alarms products under the BRK, First Alert, Mapa, Quickie, Rubbermaid, Rubbermaid Commercial Products, and Spontex brands.

Featured Articles

• Get a free copy of the StockNews.com research report on Newell Brands (NWL)
• Humana Proves Vertically Integrated Healthcare Works
• 2 Casino Stocks Worth Taking a Look At
• This Small-Cap Healthcare Name Is Outperforming Its Index
• What Cintas Can Teach Investors About This Bear Market?
• Blackberry Stock Declines As Results Come In Lukewarm Once Again

Receive News & Ratings for Newell Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newell Brands and related companies with MarketBeat.com's FREE daily email newsletter.