With 6.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.1 million shares. The 52-week range on NWL shows that it touched its highest point at $11.78 and its lowest point at $4.22 during that stretch. It currently has a 1-year price target of $6.88. With its current market cap of 2.18 billion, NWL has annualized dividend of $0.28 while the current yield stands at 5.36%. Beta for the stock currently stands at 0.93.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NWL was down-trending over the past week, with a drop of -0.57%, but this was up by 3.37% over a month. Three-month performance dropped to -26.79% while six-month performance fell -41.02%. The stock lost -34.42% in the past year, while it has lost -47.59% so far this year. A look at the trailing 12-month EPS for NWL yields -0.59 with Next year EPS estimates of 0.74. For the next quarter, that number is 0.24. This implies an EPS growth rate of 0.96% for this year and 7.38% for next year.
Float and Shares Shorts:
At present, 417.70 million NWL shares are outstanding with a float of 415.75 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NWL since 11 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.67126 being high and $0.64401 being low. For NWL, this leads to a yearly average estimate of $0.66109.