Newell Brands Inc.s in-depth stock price analysis indicates that the stock price has rallied 0.53% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -12.77% . Looking at the past 52 week period, the stock price is up at 35.07% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Newell Brands Inc. has a positive value of 0.81 compared to overall market. Stocks of Newell Brands Inc. (NYSE:NWL) rallied by 0.21% during the past week but lost 0.02% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.6%. Newell Brands Inc. (NYSE:NWL) has underperformed the index by 1.81% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Newell Brands Inc. (NYSE:NWL) : On Friday heightened volatility was witnessed in Newell Brands Inc. (NYSE:NWL) which led to swings in the share price. The stock opened for trading at $46.38 and hit $47.2 on the upside , eventually ending the session at $46.99, with a gain of 1.42% or 0.66 points. The heightened volatility saw the trading volume jump to 7,858,977 shares. The 52-week high of the share price is $55.45 and the company has a market cap of $22,668 million. The 52-week low of the share price is at $33.26 .
Newell Rubbermaid Last issued its quarterly earnings results on Feb 6, 2017. The company reported $0.80 EPS for the quarter. Analyst had a consensus estimate of $0.80. The company had revenue of $4135.90 million for the quarter, compared to analysts expectations of $4276.53 million. The companys revenue was up 165.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.56 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Newell Rubbermaid was Resumed by Wells Fargo to Outperform on Nov 15, 2016.
Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Mark Tarchetti (President) purchased 13,000 shares at 45.22 per share price.On Nov 1, 2016, Michael B Polk (CEO) purchased 4,000 shares at 47.82 per share price.On Jun 24, 2016, Ian G H Ashken (director) sold 346,781 shares at 48.51 per share price.
Newell Brands is a leading global consumer goods company with a strong portfolio of well-known brands, like Paper Mate, Sharpie, Sunbeam, FoodSaver, Mr. Coffee, Rubbermaid, Contigo and many others. The company is based in Atlanta, Georgia and was formerly known as Newell Rubbermaid.