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.
Many analysts weighed in on price targets for NWL. The maximum price target given was 66, implying a possible profit of 26.61 percent. The most pessimistic price target was 50, implying potential capital losses of -4.09 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.17 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.77 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.32 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.46 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 6 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. During this time, 7 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
NWL has an estimated earnings growth rate of 33.35 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. NWL has a PEG ratio of 0.67.
NWL has a 52-week high of 55.45 and a 52-week low of 43.43. Currently the stock is 20.03 percent higher than its low, and 5.99 percent below the high. NWL has a P/E 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 market cap of NWL is $25.19 billion. NWL will post this quarters earnings in days, on 0000-00-00.