Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Newell Brands Inc before investing.

In this article, we go over a few key elements for understanding Newell Brands Inc’s stock price such as:

• Newell Brands Inc’s current stock price and volume
• Why Newell Brands Inc’s stock price changed recently
• Upgrades and downgrades for NWL from analysts
• NWL’s stock price momentum as measured by its relative strength

About Newell Brands Inc (NWL)

Before we jump into Newell Brands Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Newell Brands Inc. is a global consumer goods company. The Company operates in three segments: Home and Commercial Solutions, Learning and Development, and Outdoor and Recreation. The products offered under Home and Commercial Solutions segment includes commercial cleaning and maintenance solutions; closet and garage organization; hygiene systems and material handling solutions; household products, including kitchen appliances; food and home storage products; vacuum sealing products; gourmet cookware, bakeware and cutlery and home fragrance products. The Learning and Development segment offers products in baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based products and labeling solutions. The Outdoor and Recreation segment offers products for outdoor and outdoor-related activities. Its brands include Rubbermaid, Sharpie, Graco, Coleman, Yankee Candle, Yankee Candle, and Paper Mate, among others.

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Newell Brands Inc’s Stock Price as of Market Close

As of November 15, 2023, 4:00 PM, CST, Newell Brands Inc’s stock price was $7.66.

Newell Brands Inc is up 4.08% from its previous closing price of $7.36.

During the last market session, Newell Brands Inc’s stock traded between $6.91 and $7.52. Currently, there are 414.20 million shares of Newell Brands Inc stock available for purchase.

Unfortunately, Newell Brands Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Newell Brands Inc Stock Price History

Newell Brands Inc’s (NWL) price is currently up 13.99% so far this month.

During the month of November, Newell Brands Inc’s stock price has reached a high of $7.69 and a low of $6.50.

Over the last year, Newell Brands Inc has hit prices as high as $16.76 and as low as $6.50. Year to date, Newell Brands Inc’s stock is down 64.93%.

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What Caused Newell Brands Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 14, 2023, there were 10 analysts who downgraded Newell Brands Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Newell Brands Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Newell Brands Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Newell Brands Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Newell Brands Inc (NWL) by visiting AAII Stock Evaluator.

Relative Price Strength of Newell Brands Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 14, 2023, Newell Brands Inc has a weighted four-quarter relative price strength of -17.51%, which translates to a Momentum Score of 22 and is considered to be Weak.

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Newell Brands Inc Stock Price: Bottom Line

As of November 15, 2023, Newell Brands Inc’s stock price is $7.66, which is up 4.08% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Newell Brands Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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