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Stock Charts AI Power Rank: 5.3
Power Rank trend -> Rising
07/26/2024 16:17:00 EST
Newell Brands Inc (NWL)
Industry: Household & Personal Products
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, NWL has been trading in a range between $6.74 and $5.73 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
NWL is trading below resistance at $8.98, about 1% to the upside. There is support at $8.24 -8% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Newell Brands Inc $NWL entered a Green zone 1 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $11.75, a potential upside of 31.87% from the recent price of 8.91. The stock is trading 25.81% (potential upside) below its 52 week high of $11.21 and 65.61 % (potential downside) above its 52 week low of $5.38 - based on the recent price.
Company Summary
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.
News
| Crock-Pot Parent Newell's Stock Leaps Into the Green Newell Brands (NWL) beat second-quarter expectations and upgraded its full-year guidance after the company made “significant progress" on its turnaround, sending shares of the Yankee Candle owner up 40% on Friday. Source: Investopedia Fri, 26 Jul 2024 18:02:23 -0400 Sentiment: Positive |
| Newell's (NWL) Q2 Earnings Beat Mark, Soft Core Sales Hurt Newell (NWL) reports a sales decline in second-quarter 2024, owing to a core sales drop of 4.2% year over year. Source: Zacks Investment Research Fri, 26 Jul 2024 14:01:03 -0400 Sentiment: Negative |
| Newell Brands Inc. (NWL) Q2 2024 Earnings Call Transcript Newell Brands Inc. (NASDAQ:NWL ) Q2 2024 Earnings Conference Call July 26, 2024 9:30 AM ET Company Participants Sofya Tsinis - Vice President of Investor Relations Chris Peterson - President and CEO Mark Erceg - Chief Financial Officer Conference Call Participants Peter Grom - UBS William Chappell - Truist Securities Andrea Teixeira - JPMorgan Lauren Lieberman - Barclays Brian McNamara - Canaccord Genuity Chris Carey - Wells Fargo Securities Filippo Falorni - Citi Olivia Tong - Raymond James Operator Good morning, and welcome to Newell Brands Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. Source: Seeking Alpha Fri, 26 Jul 2024 13:57:07 -0400 Sentiment: Neutral |
| Compared to Estimates, Newell Brands (NWL) Q2 Earnings: A Look at Key Metrics The headline numbers for Newell Brands (NWL) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. Source: Zacks Investment Research Fri, 26 Jul 2024 10:36:18 -0400 Sentiment: Positive |
| Newell Brands (NWL) Q2 Earnings Beat Estimates Newell Brands (NWL) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.24 per share a year ago. Source: Zacks Investment Research Fri, 26 Jul 2024 09:16:07 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 11.211 52 Week Low: 5.385 Beta: 0.88 50 Day MA: 6.9872 200 Day MA: 7.5492 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.917 Qtr Revenue Growth YOY: -0.084 Forward PE: 12.285 Trailing PE: 0