Newell Brands, Inc. NWL Stock Analysis

Newell Brands, Inc. stock trades under the ticker NWL & has shown recent bullishness that traders & investors may want to research further into.

NWL stock closed at $14.12/share on 11/11/2022.

Newell Brands, Inc. NWL Stock’s Technical Performance Broken Down

Newell Brands, Inc. NWL Stock's Technical Performance Over The Last Year

NWL Stock Price: $14.12

10 Day Moving Average: $13.20

50 Day Moving Average: $14.96

200 Day Moving Average: $19.46

RSI: 49.1

MACD: -0.551

On Friday, NWL stock completed a bullish MACD crossover, completing its second day of gains, up 4.98%.

Recent trading volumes have been above average compared to the year prior, and their RSI is neutral, signaling that they may have more room to run in the near-term.

NWL stock has support at the $13.84 & $13.73/share price levels, as they try to break out above the $14.74 & $16.01/share resistance levels.

Newell Brands, Inc. NWL Stock As A Long-Term Investment

Long-term oriented investors will like NWL stock’s valuation metrics, with a 10.46 P/E (ttm) & a 1.55 P/B (mrq).

They recently reported -19.2% Quarterly Revenue Growth Y-o-Y, with -83.7% Quarterly Earnings Growth Y-o-Y, which prospective investors will want to examine more thoroughly.

Their balance sheet also will warrant some additional review, with $636M of Total Cash (mrq) & $6.51B of Total Debt (mrq).

NWL stock pays a 6.84% dividend, which may not be sustainable at such a high level in the long-run, as their payout ratio is 68.15%.

94.5% of NWL stock’s outstanding share float is owned by institutional investors.

Newell Brands, Inc. NWL Stock As A Short-Term Trade Using Options

Short-term focused traders can use options to profit from NWL stock’s price changes, while hedging against broader market volatility.

I am looking at the contracts with the 12/16 expiration date.

The $14, $13 & $12 call options are all in-the-money, with the former having more open interest than the latter two strikes.

The $17, $18 & $19 puts are also all in-the-money, listed in order of most to least liquid.

Tying It All Together

NWL stock has many interesting attributes that traders & investors will find appealing.

Investors will like their valuation metrics & dividend yield, but may want to review their recent growth & balance sheet metrics in more detail.

Traders will like their current technical performance & how liquid their options are.

Overall, it is worth taking a closer look into NWL stock to see how it fits into your portfolio strategy.

*** I DO NOT OWN SHARES OF NWL STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***