If you are wondering whether Newell Brands’ current share price reflects its true worth, you are not alone. This article walks through what the latest data says about value.
The stock most recently closed at US$4.40, with returns of 0.9% over 7 days and 18.3% over both the last 30 days and year to date, against a longer term record that includes a 52.0% decline over 1 year, 67.4% over 3 years and 79.4% over 5 years.
Those mixed returns sit against a backdrop of ongoing attention on Newell Brands’ turnaround efforts, including its portfolio of well known consumer brands and efforts to reshape the business. This context helps explain why the market has been reassessing both the risks and potential rewards around the stock.
