Looking at top Wall Street opinions, Newell Brands Inc. (NASDAQ: NWL) has recently made its way into the research list of Wells Fargo – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Outperform in the eyes of Wells Fargo, whereas its previous rating was Market Perform in the eyes of Wells Fargo, as reported on Tuesday, April 17th, 2018. Another heavy-hitting research note was published by SunTrust on Tuesday March 27th, 2018, with this firm downgrading NWL to an updated rating of Hold from its previous rating of Buy. In the past six months and three months of trading, shares of Newell Brands Inc. (NWL) have moved by -21.81% and 5.47%, respectively.
Brokerage Updates Related to Newell Brands Inc. (NWL) Stock
This publicly-traded organization generated gains of 20.63% over the last 5 sessions. Right now, this stock is the subject of 13 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 2 have given a rating of Buy or better. Based on the 13 stock market experts following this company, the average 12-month price target is $18.85. Moreover, individual price targets range between $15.00-$25.00. With its recent move to $18.00, we can see that these firms project this stock will loss by -25.28% in one year.
Updates from Newell Brands Inc. (NWL) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.20% rise since the beginning of the calendar year. A SVP, Chief Accounting Officer at Newell Brands Inc. (NWL) sold off some of its shares in a transaction that was finalized on Nov 26. ICAHN BRETT bought 100,000 shares of the organization’s stock at $20.03 apiece and racked up $2,002,500 in earnings from the purchase.
Newell Brands Inc. (NASDAQ:NWL) Results in the Pipeline
The next scheduled release of financial results for Newell Brands Inc. will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.36. In the same vein, they expect sales for the quarter to amount to $2,117.84 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $2,116.50 million in revenue alongside EPS at $0.45. On average, the analyst projection was calling for $1,712.10 million with $0.14 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $2,340.60 million, with earnings per share ending up at $0.71.
Dollar General Corporation (NYSE:DG) experienced a gain of 2.08% from the closing price in the previous trading day. That boost the price to $137.39 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,581,719 shares of stock – compared to the typical average of 1.78M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $140.24.
Pricing Indications for Dollar General Corporation (DG)
This organization has had a price-to-earnings ratio of 22.69 in the last year. Meanwhile, it gained 136.48 from its observable 50-day simple moving average. Right at this moment, the per-share value is 13.93% higher than the mean per-share price over the last 200 days in the market.
Dollar General Corporation (NYSE:DG) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 11 have a Buy rating, 9 have an outperform rating, while 9 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 1 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
DG Stock Value Potential
In trading activity as of late, this stock’s value was 120.73 up from its 200 day moving average, while also 0.95% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $110.00-$160.00. The market value for the entire organization reached 35.59B. In the last trading session, the price ended the day at $134.59. The institutional holdings related to this organization account for 0.20%, and the Beta factor is now 0.62. This company’s RSI (Relative Strength Index) managed to hit 52.06.
Dollar General Corporation (NYSE:DG) Analyst Points of Focus
Dollar General Corporation (DG) has found itself inside of Goldman’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by Goldman, as garnered from a news report on Thursday August 8th, 2019. An additional helpful research note was sent out by Wells Fargo’s on Thursday July 25th, 2019. The brokerage decided to downgrade DG to Market Perform from its previous rating of Outperform.