Newell Rubbermaid Inc (NYSE:NWL) shares traded -2.86% down during most recent session to reach at the closing price of $20.72. The stock exchanged hands 5.15 Million shares versus average trading capacity of 7.62 Million shares, yielding a market cap of $9.76 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $23.36 within the next 52-weeks. The mean target projections are based on 11 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Newell Rubbermaid Inc (NYSE:NWL) high price target of $36 and with a conservative view have low price target of $20.
Citigroup “Maintained” Newell Rubbermaid Inc (NYSE:NWL) in a research note issued to investors on 12/04/18 to Buy with price target of $27.
Additionally on 11/05/18 Deutsche Bank “Maintained” Newell Rubbermaid Inc (NYSE:NWL) to Hold setting price target at $21 and on 11/05/18 Wells Fargo “Maintained” the stock to Outperform at $36. Furthermore on 11/05/18 BMO Capital “Maintained” the stock to Market Perform at $20.
On the other hand the company has Relative Strength Index (RSI 14) of 46.43 along with Average True Range (ATR 14) of 0.68, Consequently Newell Rubbermaid Inc (NYSE:NWL)’s weekly and monthly volatility is 2.58%, 3.11% respectively. The company’s beta value is at 1.14.
In terms of Buy, Sell or Hold recommendations, Newell Rubbermaid Inc (NYSE:NWL) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Newell Rubbermaid Inc (NYSE:NWL)’s minimum EPS for the current quarter is at $0.62 and can go high up to $0.79. The consensus mean EPS for the current quarter is at $0.67 derived from a total of 11 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.68 earnings per share for the same quarter during last year.
Previously Newell Rubbermaid Inc (NYSE:NWL) reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.17. The company posted an earnings surprise of 26.6%.
Newell Rubbermaid Inc (NYSE:NWL)’s revenue estimates for the current quarter are $2.43 Billion according to 10 number of analysts, for the current quarter the company has high revenue estimates of $2.52 Billion in contradiction of low revenue estimates of $2.36 Billion. For the current year the company’s revenue estimates are $8.71 Billion compared to low analyst estimates of $8.65 Billion and high estimates of $8.77 Billion according to 11 number of analysts.
Currently Newell Rubbermaid Inc (NYSE:NWL)’s shares owned by insiders are 0.4%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 17.76%, as well as three-month change in the institutional ownership was recorded 0.8%.
Newell Rubbermaid Inc (NYSE:NWL)’s trailing twelve month revenues are $10.03 Billion, whereas its price to sales ratio for the same period is 0.97. Its book value per share for the most recent quarter is $12.72 while its price to book ratio for the same period is 1.63, as for as the company’s cash per share for the most recent quarter is $3.06, however its price to cash per share ratio for the same period is 6.76. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.