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.
NWL was given price targets by several analysts. The maximum price target given was 66, implying a possible profit of 26.61 percent. The lowest price target was 50, which equates to a potential downside 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. Meanwhile, fiscal year estimates have been revised upwards by 0.32 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.46 percent.
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, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 7 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
NWL has an estimated earnings growth rate of 33.35 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 lower than its 52-week high. 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 market cap of NWL is $25.19 billion. NWL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.