Unilever PLC [UL] attracts people because of its fundamentals

The stock of Unilever PLC (NYSE:UL) last traded at $51.06, down -0.49% from the previous session.

Data from the available sources indicates that Unilever PLC (NYSE:UL) is covered by 24 analysts. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $65.23 and a low of $39.66, we find $56.12. Given the previous closing price of $51.31, this indicates a potential upside of 9.37 percent. UL stock price is now -2.65% away from the 50-day moving average and 2.11% away from the 200-day moving average. The market capitalization of the company currently stands at $129.05B.

In total, 11 analysts have assigned it a hold rating, and 8 have given it a buy rating. Brokers who have rated the stock have averaged $55.26 as their price target over the next twelve months.

A total of 2.90% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in UL stock. A new stake in Unilever PLC shares was purchased by MILLENNIUM MANAGEMENT LLC during the first quarter worth $54,522,000. CANOE FINANCIAL LP invested $13,308,000 in shares of UL during the first quarter. In the first quarter, OPTIVER HOLDING B.V. acquired a new stake in Unilever PLC valued at approximately $11,381,000. MAIN STREET RESEARCH LLC acquired a new stake in UL for approximately $11,212,000. LOWE BROCKENBROUGH & CO INC purchased a new stake in UL valued at around $9,620,000 in the second quarter. In total, there are 1,199 active investors with 10.90% ownership of the company’s stock.

During the past 12 months, Unilever PLC has had a low of $42.44 and a high of $55.99. As of last week, the company has a debt-to-equity ratio of 1.55, a current ratio of 0.80, and a quick ratio of 0.50. According to the stock market information, the enterprise value for the company is $152.57B, which is based on a 15.70 price-to-earnings ratio, a 2.28 price-to-earnings-growth ratio, and a beta of 0.45. The fifty day moving average price for UL is $52.38 and a two-hundred day moving average price translates $50.04 for the stock.

The latest earnings results from Unilever PLC (NYSE: UL) was released for Dec, 2022.

Moreover, the firm recently paid out its quarterly dividend on 08/31/2023. Investors who held shares on 08/04/2023 were paid a $0.4702 dividend. On an annualized basis, this represents a $2.25 dividend and a 4.41% percent yield. There was an ex-dividend date of 08/03/2023 for this dividend. In terms of dividend payout ratio, UL is presently at 57.00%.

Unilever PLC(UL) Company Profile

Unilever PLC operates as a fast-moving consumer goods company. It operates through Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream segments. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products, which includes the vitamins, minerals, and supplements. Personal Care segment offers skin cleansing products comprising soap and shower, deodorant and oral care products, such as toothpaste, toothbrush, and mouthwash products. Home Care segment engages in the sale of fabric care including washing powders and liquids, and rinse conditioners; and home and hygiene, fabric enhancers, water and air wellness products. Nutrition segment provides the sale of scratch cooking aids, which includes soups, bouillons, and seasonings; dressings products, such as mayonnaise and ketchup; and beverages and functional nutrition products including Horlicks and Boost, as well as tea products. Ice Cream segment offers ice cream products including in-home and out-of-home ice creams. It offers its products under the AXE, Bango, Ben & Jerry’s, Cif, Comfort, Domestos, Dove, Equilibra, Hellmann’s, Knorr, LUX, Lifebuoy, Liquid I.V., Love Beauty & Planet, Magnum, OLLY, OMO, Onnit, Rexona, Seventh Generation, SmartPants, Sunsilk, The Vegetarian Butcher, Vaseline, and Wall’s brands. The company was founded in 1860 and is headquartered in London, the United Kingdom.

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