Newell Brands Tops Earnings Estimates, Points to Tough Operating Environment

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Newell Brands Stock Fair Value – Newell Brands ($NASDAQ:NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmer’s, Coleman, Jostens, Marmot, Rawlings, Mr. Coffee, and Graco. The company reported its third quarter results on Friday, with earnings coming in above expectations.

However, despite the beat on earnings, Newell Brands warned of a tough operating environment going forward. Only one of seven business units increased core sales compared to a year ago. Despite the challenges, Newell Brands is still confident in its long-term strategy and growth prospects. The company is focused on driving efficiency and productivity improvements, as well as continuing to invest in its brands. Newell Brands is confident that it can deliver shareholder value over the long term.

Earnings

In its latest earning report for the fiscal year 2022 second quarter ending June 30, NEWELL BRANDS earned 10514.0 million USD in total revenue, 724.0 million USD in net income. Compared to the same period last year, this is a 0.7% decrease in total revenue, but a 26.6% increase in net income. Looking at the last three years, NEWELL BRANDS’s total revenue has reached from 9385.0 million USD to 10514.0 million USD. The company cites a tough operating environment as the reason for the slight decrease in revenue this quarter.

Despite this, the company has still managed to increase its net income significantly. NEWELL BRANDS is confident that it can continue to grow despite the challenges.

Price History

Newell Brands Inc. released its fiscal fourth-quarter results before the market opened on Friday morning.

VI Analysis – Newell Brands Stock Fair Value

NEWELL BRANDS is a company with strong fundamentals that reflect its long term potential. The company’s fair value is around $21.6, which means that the stock is currently undervalued by 31%. NEWELL BRANDS is a company that is worth considering for investment.

VI Peers

Newell Brands Inc. competes in the consumer goods market against Beiersdorf AG, Spectrum Brands Holdings Inc, and Winning Brands Corp. Newell Brands Inc. has a diversified portfolio of products that span many categories including housewares, hardware, and office products. The company has a long history dating back to 1898, when it was founded as the Newell Rubbermaid Company.

– Beiersdorf AG ($OTCPK:BDRFY)

Beiersdorf AG is a German skin care company that owns several popular brands, including Nivea, La Prairie, and Eucerin. The company has a market cap of 21.82 billion as of 2022 and a return on equity of 9.31%. Beiersdorf AG is a publicly traded company listed on the Frankfurt Stock Exchange. The company has its headquarters in Hamburg, Germany.

– Spectrum Brands Holdings Inc ($NYSE:SPB)

Spectrum Brands Holdings Inc. is a diversified consumer products company that manufactures, markets, and distributes a wide variety of branded consumer products. The company operates in three segments: Home & Garden, Pet, and Hardware & Home Improvement. The Home & Garden segment produces and markets a variety of consumer products for the home, including small appliances, home fragrance products, and pest control products. The Pet segment produces and markets a variety of pet food, pet supplies, and pet care products. The Hardware & Home Improvement segment produces and markets a variety of hardware and home improvement products, including power tools, hand tools, and plumbing and electrical supplies.

Summary

If you’re looking for a brand-name investment that might weather tough economic times, Newell Brands could be a good option. The company’s products are found in nearly every home in America, and its portfolio includes well-known brands like Rubbermaid, Sharpie, and Graco. Newell Brands has a long history of paying dividends, and its shares are currently trading at a relatively attractive valuation.