Analyst Ratings for Newell Brands Inc. (NWL)Updated: 2017-07-28
Analysts covering Newell Brands Inc. (NYSE:NWL) have given it a consensus rating of Buy. About 30 days ago, NWL was issued an average rating of Buy.
Of the 19 analysts covering the stock, 15 gave it a buy rating, 1 issued an overweight rating, 3 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
Several price targets were given for NWL by the analysts covering the stock. The most optimistic price target was 66, implying a possible profit of 26.61 percent. The most pessimistic analyst gave a price target of 50, implying a possible loss of -4.09 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 1.17 percent. The average change in earnings estimates over the last 90 days is 1.77 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.32 percent. If we look at the last 90 days instead, we find a net average change of 2.46 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 6 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 7 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of NWL to grow at a rate of 33.35 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of NWL is 0.67.
NWL has traded between a high of 55.45 and a low of 43.43 over the past year. The current market price is above the trailing year's low by 20.03 percent, and below the high by 5.99 percent. NWL has a price/earnings ratio of 22.27. Investors typically compare the P/E ratio to a company's peers in the industry. The NWL value stock report compares NWL to some of its peers using value stock charts. The stock has a market capitalization of $25.19 billion. NWL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.