How to Buy Newell Brands Stock
Newell Brands Inc
Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide.
Newell Brands stock last closed at $6.94, down 1.42% from the previous day, and has decreased 41.68% in one year. It has underperformed other stocks in the Household & Personal Products industry by 0.36 percentage points. Newell Brands stock is currently +6.85% from its 52-week low of $6.50, and -43.65% from its 52-week high of $12.32.
As of Apr 25, 2024, there are 414.3M shares of NWL outstanding. The market cap of NWL is $2.88B. In the last 24 hours, 7.81M NWL shares were traded.
How to Buy Newell Brands Stock
Not sure how to invest in Newell Brands stock? Here's how.
- Choose where to buy Newell Brands stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Newell Brands stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your information.
- Analyze Newell Brands stock: The Newell Brands ticker symbol is NWL. Is Newell Brands stock a good investment? Should you buy shares of NWL? How do NWL's underlying business fundamentals look? Do top analysts think Newell Brands is a good buy? Why has NWL's stock price moved recently? (Hint: Our stock research website can help you evaluate if NWL is a good stock to buy).
- Make your NWL trade: Decide if you will purchase NWL shares at the current market price or use a limit order to purchase NWL stock at a particular price.
- Get notifications regarding your investment in NWL: Create a watchlist to get live updates on your position in Newell Brands shares.
Step 1: Choose where to buy Newell Brands stock
You will need an online brokerage account to access the NASDAQ market and buy NWL shares.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you'll need to fill out some personal info so you can buy NWL stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on the best stock app, you can securely and quickly fund your account:
Watch this video walkthrough if you need help depositing money into your new investment account.
Step 4: Analyze Newell Brands stock
Once you have chosen the best place to buy Newell Brands stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Newell Brands shares quick numbers
Newell Brands Overview
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NWL's stock page.
How is NWL stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NWL's intrinsic value.
Using relative valuations methods:
- NWL may be undervalued based on its P/B ratio of 0.92x, relative to Household & Personal Products industry P/B ratio of 7.38x
You can do additional valuation analysis on NWL's stock here.
NWL Financial Summary
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the NWL balance sheet.
Failed Health Checks:
- NWL profit margin has gone down from 2.1% to -4.8% in the past year.
- NWL earnings of -$260.00M is not sufficient to cover its interest payments.
- Total NWL debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the NWL balance sheet.
- NWL's operating cash flow of $930.00M allows it to safely service it's debt of $5.35B.
- NWL has a relatively high debt to equity ratio of 2.91.
Is it a good time to buy NWL stock, according to Wall Street analysts?
Out of 7 sell side analysts who give forecasts on NWL, the consensus analyst rating on NWL is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
Latest NWL Analyst Recommendations
Andrea Teixeira, a top 12% analyst from JP Morgan maintains NWL with a hold rating and raises their NWL price target from $7.00 to $9.00, on Jan 9, 2024.
Bill Chappell, a bottom 9% analyst from Truist Securities downgrades NWL to a hold rating and lowers their NWL price target from $20.00 to $8.00, on Oct 30, 2023.
You can dive deeper into what analysts are forecasting on the Newell Brands stock forecast page.
NWL Trading Indicators
How are NWL Revenues/Earnings doing?
Last year, NWL revenue was $8.13B. In the last 5 year, NWL's revenue has increased by -4.34% per year. This was slower than the Household & Personal Products industry average of 4.3%.
You can analyze NWL's earnings and revenue performance here.
Are NWL executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at NWL have sold more shares than they have bought.
Bradford R. Turner, Chief Legal Admin. Officer of NWL, was the latest NWL insider to sell. They sold $148,600.00 worth of NWL stock on Feb 23, 2024.
Learn more about who owns NWL stock here.
Can I rely on NWL as an income stream?
Newell Brands pays a dividend of 4.03%, compared to the Household & Personal Products industry's average dividend yield of 3.05%. If you owned $1,000 worth of NWL stock, you would have received $40.35 in the past 12 months.
Newell Brands dividend payments have not consistently grown over the past decade and have not remained stable.
Get more analysis about Newell Brands dividend yield and history here.
What others are saying about NWL
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your NWL trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require more info about buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in NWL
Now that you own some NWL stock, you'll want to stay up-to-date on your company.
Create a watchlist to get notified of important updates regarding your NWL stock.
NWL Feed
How to Buy Stock in Newell Brands
To reiterate, here are the 6 steps you need to take to buy Newell Brands stock right now:
- Choose where to buy Newell Brands stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Newell Brands stock
- Make your NWL trade
- Get notifications regarding your investment in NWL
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Newell Brands, add NWL to your watchlist below.
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