Newell Brands (NWL) to Release Earnings on Friday

Newell Brands is set to release its quarterly earnings on Friday, July 26th. Analysts expect earnings of $0.21 per share for the quarter. The company recently announced a quarterly dividend of $0.07 per share. Newell Brands has a market capitalization of $2.71 billion. Several research firms have weighed in on the stock, with a consensus rating of "Hold" and an average price target of $8.36. The stock currently has a 52-week low of $5.39 and a high of $11.61.

Newell Brands (NASDAQ:NWL - Get Free Report) is set to post its quarterly earnings results before the market opens on Friday, July 26th. Analysts expect Newell Brands to post earnings of $0.21 per share for the quarter. Individual that wish to listen to the company's earnings conference call can do so using this link.

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Newell Brands (NASDAQ:NWL - Get Free Report) last released its earnings results on Friday, April 26th. The company reported ($0.07) EPS for the quarter, meeting the consensus estimate of ($0.07). The firm had revenue of $1.70 billion for the quarter, compared to analysts' expectations of $1.64 billion. Newell Brands had a positive return on equity of 11.21% and a negative net margin of 3.70%. The business's quarterly revenue was down 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.06) EPS. On average, analysts expect Newell Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Newell Brands Trading Down 3.1 %

NASDAQ NWL opened at $6.53 on Friday. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of -9.07, a PEG ratio of 1.24 and a beta of 0.89. The stock's 50 day moving average price is $7.09 and its two-hundred day moving average price is $7.56. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.58 and a current ratio of 1.15. Newell Brands has a 52 week low of $5.39 and a 52 week high of $11.61.

Newell Brands Announces Dividend

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The company also recently announced a quarterly dividend, which was paid on Friday, June 14th. Shareholders of record on Friday, May 31st were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend was Friday, May 31st. Newell Brands's payout ratio is -38.89%.

Analyst Ratings Changes

Several research firms have weighed in on NWL. Citigroup lowered their price target on Newell Brands from $8.00 to $6.25 and set a "neutral" rating on the stock in a research report on Wednesday, July 10th. Canaccord Genuity Group boosted their price target on Newell Brands from $9.00 to $10.00 and gave the stock a "buy" rating in a research report on Monday, April 29th. Wells Fargo & Company lowered their price target on Newell Brands from $8.00 to $6.00 and set an "equal weight" rating on the stock in a research report on Wednesday, July 10th. Finally, Barclays raised Newell Brands from an "underweight" rating to an "equal weight" rating and set a $8.00 price target on the stock in a research report on Tuesday, May 14th. Ten equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $8.36.

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Read Our Latest Stock Report on NWL

About Newell Brands

(Get Free Report)

Newell Brands Inc engages in the design, manufacture, sourcing, and distribution of consumer and commercial products worldwide. The company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The Commercial Solutions segment provides commercial cleaning and maintenance solution products under the Rubbermaid, Rubbermaid Commercial Products, Mapa, and Spontex brands; closet and garage organization products; hygiene systems and material handling solutions; household products, such as kitchen appliances under the Crockpot, Mr.

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