Previous close | 88.82 |
Open | 86.80 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 85.70 - 88.14 |
52-week range | 85.70 - 108.08 |
Volume | |
Avg. volume | 3,755,277 |
Market cap | 226.07B |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 20.59 |
EPS (TTM) | 4.27 |
Earnings date | 25 Jul 2024 |
Forward dividend & yield | 3.00 (3.41%) |
Ex-dividend date | 22 Apr 2024 |
1y target est | 106.30 |
(Bloomberg) -- Nestle SA analysts are cutting their recommendations on the stock in droves on worries that the consumer company will struggle to drive profit growth, leaving it with most negative consensus rating in four years.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisParis Sticks to Olympics Opening Event Plans After Rail SabotageFed’s Favored Price Gauge Rises at Mild Pace, Spending Holds UpHarris Just Showed Why Trump Is So Afraid of HerThe Privat
Unilever (UL) shares are rising after seeing revenue rise over 2% in the first half of the year. Meanwhile, shares of Nestle (NESN.SW) are falling after the company slashed its full-year guidance. In the video above, Jared Blikre and Seana Smith break down why these two big consumer brands are trading in opposite directions. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
The maker of household brands from KitKat to Cheerios said it had cut its outlook for sales growth this year as a result.