NSRGY - Nestlé S.A.

Other OTC - Other OTC Delayed Price. Currency in USD
91.04
-0.59 (-0.64%)
At close: 3:59PM EST
Stock chart is not supported by your current browser
Previous Close91.63
Open90.54
Bid0.00 x 0
Ask0.00 x 0
Day's Range90.48 - 91.21
52 Week Range73.59 - 91.77
Volume307,857
Avg. Volume647,854
Market Cap274.141B
Beta (3Y Monthly)0.59
PE Ratio (TTM)34.05
EPS (TTM)2.67
Earnings DateN/A
Forward Dividend & Yield2.46 (2.76%)
Ex-Dividend Date2018-04-16
1y Target Est101.48
Trade prices are not sourced from all markets
  • Nestle Cutting Lunch-Meat in a Bid to Spur Growth
    Bloomberg9 days ago

    Nestle Cutting Lunch-Meat in a Bid to Spur Growth

    Feb.14 -- Nestle SA has put its Herta lunch-meat business up for sale in a bid to spur growth through acquisitions and divestments. Bloomberg's Craig Giamonna reports on "Bloomberg Markets."

  • GuruFocus.comyesterday

    Daniel Loeb Comments on Nestle

    Guru stock highlight

  • GuruFocus.comyesterday

    Dan Loeb's Third Point 4th-Quarter 2018 Investor Letter

    Third Point's Offshore Fund lost -11.9% during the Fourth Quarter, bringing returns for 2018 to -11.3%. Although our performance was disappointing, we took the opportunity to learn from our mistakes, reflect on where our competitive advantages lie, adjust our risk management, and generally improve our processes to drive better results. Excessive exposure to unhedged long cyclical names and a risk arbitrage position in NXPI accounted for much of the year's negative performance.

  • Kraft Heinz's Warning to Its Financial Imitators
    Bloomberg2 days ago

    Kraft Heinz's Warning to Its Financial Imitators

    Thanks to the poor performances of Kraft Heinz Co. and Anheuser-Busch InBev SA, investors’ appetites are also changing: from a demand for fatter profits, even if sales growth is sluggish, to a strategy that better balances the top and bottom lines, and is backed by a solid balance sheet, not one loaded with debt. Kraft Heinz’s ugly earnings report on Thursday, its $15 billion write-down on some of its best known brands and an accounting subpoena look like the final nail in the margin-chasing coffin. The likes of Unilever Plc and Nestle SA should take note.

  • Reuters2 days ago

    Third Point claims 300 percent return on activism since 2011

    Pushing companies to perform better has earned Third Point a 300 percent return in the last eight years, the hedge fund told investors in a letter on Thursday, praising management at some of its targets for taking the right steps. The $14 billion firm, run by Daniel Loeb, lost 11.3 percent in 2018 but said corporate activism, including campaigns it waged at Campbell Soup and Nestle SA last year, will remain a priority in the future. Shorting, or betting that stocks will drop, as well as opportunistic credit investments and identifying mispriced intrinsic value securities, are other areas where Third Point can compete in a world increasingly dominated by computer driven trading and passive investments like index funds.

  • Reuters2 days ago

    Third Point claims 300 pct return on activism since 2011

    Pushing companies to perform better has earned Third Point a 300 percent return in the last eight years, the hedge fund told investors in a letter on Thursday, praising management at some of its targets for taking the right steps. The $14 billion firm, run by Daniel Loeb, lost 11.3 percent in 2018 but said corporate activism, including campaigns it waged at Campbell Soup and Nestle SA last year, will remain a priority in the future. Shorting, or betting that stocks will drop, as well as opportunistic credit investments and identifying mispriced intrinsic value securities, are other areas where Third Point can compete in a world increasingly dominated by computer driven trading and passive investments like index funds.

  • Reuters2 days ago

    Hedge fund Third Point praises Nestle chief in letter to investors

    Hedge fund Third Point told investors in a letter on Thursday that it was happy with progress at some of its biggest holdings, including Nestle SA , and was well positioned to make money when the market sells off anew. The $14 billion firm, run by Daniel Loeb, said in the letter that it was confident in Nestle Chief Executive Mark Schneider's leadership.

  • Starbucks Stock Is Simply Too Hot
    InvestorPlace2 days ago

    Starbucks Stock Is Simply Too Hot

    I've been bearish on Starbucks (NASDAQ:SBUX) stock for some time now. That skepticism looked prescient a year ago, when SBUX stock touched its lowest levels in almost three years. Since then, however, Starbucks stock has soared: SBUX at the moment trades near its all-time high.Source: Shutterstock Despite the volatility of the stock, Starbucks' outlook doesn't seem to have changed all that much. Starbucks' business is up there with McDonald's (NYSE:MCD) as one of the best in the world.But the valuation of SBUX stock has been worrisome for a long time, and SBUX is facing meaningful risks. By placing a huge bet on China, SBUX has made a wager that looks increasingly dicey as the economy in that emerging market shows signs of slowing down. Meanwhile, the same-store sales and traffic growth of Starbucks' U.S. business has slowed.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Healthy Dividend Stocks to Buy for Extra Stability While SBUX stock has gained a whopping 50% from its late-June lows, its risks persist. In fact, several of those risks were highlighted in the company's first-quarter results last month that helped push Starbucks stock to its current highs. Given those concerns, and an increasingly stretched valuation, it looks like SBUX stock has run too far. Starbucks' Q1 EarningsLooking at the headline Q1 numbers, investors could easily believe that SBUX did well. Propelled by a 4% same-store sales increase, its revenue rose 9%. Adjusted earnings per share climbed 15% year-over-year. Both figures were nicely ahead of analysts' consensus outlook, and seem to foreshadow a potentially strong fiscal 2019.But the quarter isn't nearly as impressive as it seems on the surface. Comp growth of 4% seems impressive, but three of the four percentage points were generated by price hikes. In the U.S., traffic was flat year-over-year (as it was in the same period a year earlier), further suggesting that the business has reached a saturation point domestically. In China, comps rose just 1% year-over-year, while the number of transactions declined 2% YoY.Meanwhile, the company's earnings growth came almost solely from a lower tax rate. Adjusted operating income actually declined 1.2% YoY. Margins dropped 1.7 percentage points.Still, there are reasons to worry about the company's near-term profit outlook, even though its sales are growing. And some of the longer-term concerns raised by the company's Investor Day late last year haven't eased.SBUX stock now trades at almost 26 times the midpoint of its updated EPS guidance. That's a high valuation, and one that suggests that everything will keep going smoothly. Has SBUX Stock Peaked?From here, $71.54 looks like a potential peak for SBUX stock. The 26 multiple is towards the high end of the company's multi-year range. It's a multiple that likely requires the U.S. stock market and the company's overseas business to continue to be strong.Starbucks still is adding new stores in the U.S. But the pace is slowing; its domestic store count rose just 4% year-over-year last quarter. With nearly 15,000 stores, SBUX likely is running out of room.And its European business is improving, as a turnaround there takes hold. But the big growth driver of Starbucks stock is China.Luke Lango argued on this site that the struggles of Apple (NASDAQ:AAPL) in China raised some concerns about the country's economy, and he makes a good point. Clearly, Chinese customers are more budget-conscious than they were a year ago.Weakness in China won't bring Starbucks' growth story to an end. But it certainly would slow SBUX down and hurt SBUX stock. I noted in December that Starbucks already has brought down its long-term EPS growth target to roughly 10% per year from 12% previously. Unexpected troubles in China would drop that growth to the single-digits. And as embedded as Starbucks is in the U.S., in particular, it's tough to see investors paying 26 times earnings for 8%-9% annual EPS increases.The risk facing SBUX stock is not necessarily that Starbucks' growth is going to stop, but that it will slow enough to give investors pause. Currently, SBUX's FY20 EPS is on a pace to be about $3; cut that figure to $2.90 and bring the EPS multiple down to a still-reasonable 21 times, and SBUX stock would drop to $60. Add in any macro worries in the U.S. or Europe and the decline could be steeper. Be Careful With Starbucks StockAll told, it does look like SBUX is approaching a ceiling. It's difficult to imagine its earnings multiple expanding much more. SBUX may outperform expectations this year, but it's seemingly equally likely that it could stumble, particularly in Asia.SBUX stock shouldn't be shorted, by any means; it simply seems like there are better, and potentially easier, ways to make money. A few good quarters have sent Starbucks stock 50% higher. It would probably only take one bad quarter to reverse at least some of those gains.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Smart Money Stocks to Buy Now * The 10 Best Cheap Stocks to Buy Right Now * 7 Restaurant Stocks to Watch in 2019 Compare Brokers The post Starbucks Stock Is Simply Too Hot appeared first on InvestorPlace.

  • Nestle investing $115 million to expand Purina factory in U.S.
    Reuters2 days ago

    Nestle investing $115 million to expand Purina factory in U.S.

    Nestle is investing $115 million to expand its Purina factory in Bloomfield, in the U.S. state of Missouri, the Swiss foodmaker said on Thursday, as it seeks to increase production of cat litter. The investment ...

  • Bloomberg3 days ago

    Nestle, Disney Pull YouTube Ads, Joining Furor Over Child Videos

    All Nestle companies in the U.S. have paused advertising on YouTube, a spokeswoman for the company said Wednesday in an email. Video game maker Epic Games Inc. and German packaged food giant Dr. August Oetker KG also said they had postponed YouTube spending after their ads were shown to play before the videos.

  • The Zacks Analyst Blog Highlights: Starbucks, Apple, Nestle, Dunkin' and Coca-Cola
    Zacks4 days ago

    The Zacks Analyst Blog Highlights: Starbucks, Apple, Nestle, Dunkin' and Coca-Cola

    The Zacks Analyst Blog Highlights: Starbucks, Apple, Nestle, Dunkin' and Coca-Cola

  • Nestle says it is now well positioned in confectionery
    Reuters5 days ago

    Nestle says it is now well positioned in confectionery

    Nestle's success with its KitKat brand means its does not need to add new businesses after selling its candy unit to Italy's Ferrero last year, the Swiss food group's global head of confectionery said. "Now we are very well positioned with our portfolio," Alexander von Maillot told journalists on a call on Tuesday. "At 9 percent (organic sales growth in 2018) KitKat is strongly outperforming the market.

  • Nestle (NSRG.Y) Q4 2018 Earnings Conference Call Transcript
    Motley Fool8 days ago

    Nestle (NSRG.Y) Q4 2018 Earnings Conference Call Transcript

    NSRG.Y earnings call for the period ending December 31, 2018.

  • The Wall Street Journal9 days ago

    [$$] Nestlé’s Revival Plan Starts to Pay Off

    Nestlé SA reported higher annual sales driven by improved performance in the U.S. and China, a sign that Chief Executive Mark Schneider’s efforts to revive growth are gaining traction. The maker of Nescafe coffee and KitKat chocolate on Thursday said organic sales growth—a key measure that strips out currency changes, acquisitions and divestments—rose 3% in 2018. Nestlé, like its peers, has struggled in recent years with fierce competition and changing consumer tastes.

  • Why Starbucks (SBUX) Stock Looks Like a Strong Buy at New High
    Zacks9 days ago

    Why Starbucks (SBUX) Stock Looks Like a Strong Buy at New High

    Shares of Starbucks (SBUX) have surged over 10% since the company posted better-than-expected quarterly earnings and revenue on January 24. Now let's dive into why the coffee powerhouse looks like a strong buy at the moment.

  • Reuters9 days ago

    Suitors 'lining up' to buy Nestle Skin Health - CEO

    "We've seen very, very strong interest in this process, and literally people lining up around the block to be part of this process," Chief Executive Mark Schneider told analysts in a conference call. Another source said the unit, which sells Cetaphil and Proactiv skin care products, Restylane wrinkle fillers and prescription dermatology medicines, is particularly attractive to private equity firms, since there are not many assets of this size available. Reuters reported last month that private equity firms Cinven and Advent had teamed up to submit a joint offer, while several other firms were also expected to bid.

  • Nestle India quarterly profit rises nearly 10 percent
    Reuters10 days ago

    Nestle India quarterly profit rises nearly 10 percent

    (Reuters) - Nestle India Ltd, a unit of Swiss food group Nestle SA, reported a 9.6 percent rise in fourth-quarter profit on Thursday, driven by strong demand for its products in its home market. Profit ...

  • Nestle Celebrates a Winning 2018
    Motley Fool10 days ago

    Nestle Celebrates a Winning 2018

    The food company saw organic sales growth rise for the first time since the early 2010s.

  • Nestle's overhaul starts to pay off as growth accelerates
    Reuters10 days ago

    Nestle's overhaul starts to pay off as growth accelerates

    Nestle put its Herta processed meats business on the block on Thursday, accelerating the world biggest food group's revamp as it reported an uptick in sales growth in 2018 for the first time since 2011. Improvements in China, North America and in its infant nutrition business last year helped the maker of KitKat chocolate bars and Nescafe coffee to break a run of sluggish growth linked to consumers' preference for fresh food. It forecast sales improvements of more than 3 percent in 2019.

  • Financial Times10 days ago

    [$$] Nestlé lifts growth driven by US and China

    has boosted organic sales growth for the first time in seven years, driven by a recovery in China and the US, and new healthier products. Like other packaged foodmakers, Nestlé has been struggling to boost demand as consumers’ tastes shift to healthier, more natural, local foods. To cope, chief executive Mark Schneider, who joined Nestlé two years ago as its first outside leader since 1922, has been overhauling its products via sales and acquisitions.

  • Nestle Cuts the Meat in Bid to Build Healthier Food Giant
    Bloomberg10 days ago

    Nestle Cuts the Meat in Bid to Build Healthier Food Giant

    After 14 billion francs ($14 billion) of deals in 2018, there’s no sign Schneider will stop nipping and tucking in his third year on the job. “He’s outside of the longstanding culture within Nestle, which has given him ability to think with a slightly different perspective and act decisively,” said Thomas Russo, fund manager at Gardner Russo & Gardner, which has held Nestle shares for 33 years. The food company has been gobbling up smaller, faster-growing brands such as Blue Bottle Coffee and Sweet Earth as health-conscious consumers switch from mainstream labels to niche brands.

  • Nestle Fights Activist Dan Loeb With Lunch Meat
    Bloomberg10 days ago

    Nestle Fights Activist Dan Loeb With Lunch Meat

    The company said Thursday it was considering a sale of its Herta meat business, which could be worth about 1.3 billion francs ($1.3 billion), according to Martin Deboo at Jefferies. This announcement follows a recent Bloomberg News report that it could consider a full sale of its skin health business, which includes cosmetic fillers among its products and could fetch about $10 billion. Of course, Chief Executive Officer Mark Schneider needs to show that he can get a good price for both.

  • Associated Press10 days ago

    Nestle profit rise amid deal-making, eyes future of Herta

    GENEVA (AP) — Nestle says net profit rose more than 40 percent last year, pointing to revived growth in its key Chinese and U.S. markets and laying out plans to slice off its Herta cold cuts businesses to focus more on plant-based foods and "high-growth" categories.