FY2018 EPS Estimates for Unilever NV Reduced by Analyst (UN)
Unilever NV (NYSE:UN) – Jefferies Group lowered their FY2018 earnings per share estimates for Unilever in a research report issued on Monday. Jefferies Group analyst M. Deboo now forecasts that the company will post earnings per share of $2.88 for the year, down from their prior estimate of $2.93. Jefferies Group also issued estimates for Unilever’s FY2019 earnings at $3.19 EPS and FY2020 earnings at $3.66 EPS.
A number of other equities analysts have also recently issued reports on the company. Zacks Investment Research cut Unilever from a “hold” rating to a “sell” rating in a report on Wednesday, November 15th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Unilever in a research report on Monday, December 18th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Unilever currently has an average rating of “Hold” and a consensus target price of $66.00.
Unilever (NYSE UN) traded down $0.65 during trading on Wednesday, reaching $55.91. The company had a trading volume of 1,319,300 shares, compared to its average volume of 1,170,217. Unilever has a twelve month low of $40.06 and a twelve month high of $61.62. The stock has a market capitalization of $163,040.00, a PE ratio of 23.01, a price-to-earnings-growth ratio of 1.77 and a beta of 0.92.
The business also recently announced a dividend, which was paid on Wednesday, December 13th. Investors of record on Friday, November 3rd were issued a $0.422 dividend. This is a boost from Unilever’s previous dividend of $0.30. The ex-dividend date was Thursday, November 2nd. Unilever’s dividend payout ratio (DPR) is currently 69.55%.
A number of institutional investors have recently made changes to their positions in UN. Bath Savings Trust Co bought a new stake in shares of Unilever in the third quarter worth about $207,000. Spears Abacus Advisors LLC purchased a new position in Unilever in the second quarter worth about $202,000. Cetera Advisors LLC purchased a new position in shares of Unilever during the third quarter valued at approximately $226,000. Strategic Advisors LLC purchased a new position in shares of Unilever during the second quarter valued at approximately $251,000. Finally, White Lighthouse Investment Management Inc. purchased a new position in shares of Unilever during the fourth quarter valued at approximately $282,000. 8.67% of the stock is currently owned by institutional investors.
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Unilever Company Profile
Unilever N.V. is a fast-moving consumer goods (FMCG) company. The Company’s segments include Personal Care, which primarily includes sales of skin care and hair care products, deodorants and oral care products; Foods, which primarily includes sales of soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads; Home Care, which primarily includes sales of home care products, such as powders, liquids and capsules, soap bars and a range of cleaning products, and Refreshment, which primarily includes sales of ice cream and tea-based beverages.
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