Source: Shutterstock Newell Brands Inc. ( NASDAQ:NWL ), might not be a large cap stock, but it saw a decent share price growth in the teens level on the NASDAQGS over the last few months. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s take a look at Newell Brands’s outlook and value based on the most recent financial data to see if the opportunity still exists. What’s The Opportunity In Newell Brands? According to my valuation model, Newell Brands seems to be fairly priced at around 11% below my intrinsic value, which means if you buy Newell Brands today, you’d be paying a reasonable price for it. And if you believe that the stock is really worth $16.63, then there isn’t much room for the share price grow beyond what it’s currently trading. Furthermore, Newell Brands’s low beta implies that the stock is less volatile than the wider market. What does the future of Newell Brands look like? NasdaqGS:NWL Earnings and Revenue Growth January 20th 2023 Future outlook is an important aspect […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
