NSRGY - Nestlé S.A.
| Previous Close | 94.34 |
| Open | 94.54 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 94.23 - 94.77 |
| 52 Week Range | 73.59 - 96.99 |
| Volume | 421,394 |
| Avg. Volume | 450,850 |
| Market Cap | 286.33B |
| Beta (3Y Monthly) | 0.53 |
| PE Ratio (TTM) | 35.42 |
| EPS (TTM) | 2.67 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 2.46 (2.58%) |
| Ex-Dividend Date | 2019-04-15 |
| 1y Target Est | 111.10 |
- Quartz•4 days ago
People like to drink Starbucks coffee outside of Starbucks, and it’s paying off for Nestlé
Nestlé launched a new range of 24 Starbucks-branded products in February, like Nespresso pods.
Bloomberg•4 days agoNestle and Unilever Raise Prices Without Stunting Growth
Nestle SA and Unilever surprised investors with strong starts to the year, reporting first-quarter sales growth that handily topped analysts’ estimates. Unilever rose as much as 4.2 percent in Amsterdam as Nestle traded as much as 1.4 percent higher in Zurich. The companies delivered a counterpoint to the cost-cut-driven performance of U.S. rival Kraft Heinz Co., which has slumped since a profit warning and asset writedown in February -- about two years after it made an unsuccessful approach to take over Unilever.
Bloomberg•4 days agoNestle Discipline Cements Its Lead Over Unilever
Nestle SA and Unilever both have the same problem. Nestle has an activist investor lurking in the background, while Unilever is at risk of becoming a target for one. Thursday’s financial statements suggest that Nestle SA is on a firmer footing than Unilever.
- Financial Times•4 days ago
Nestlé confirms annual targets after sales growth accelerates
The maker of KitKat chocolate bars and Perrier waters reported revenue of SFr22.2bn ($21.9bn) in the first quarter, while organic sales growth stood at 3.4 percent. Both measures were ahead of analysts’ expectations for sales of SFr22.1bn and organic growth of 2.8 per cent, according to Bloomberg. The performance is the latest sign that chief executive Mark Schneider, who joined Nestlé almost three years ago as its first outside chief executive since 1922, is making progress on his turnround effort.
- Investing.com•4 days ago
StockBeat - Gloomy PMIs Overshadow Strong Nestle, Unilever Results
By Geoffrey Smith
- Financial Times•4 days ago
Unilever/Nestlé: Halo effect
Innovative start-ups have recently run rings around food industry giants. By 2016 small brands accounted for most of the industry’s growth in the US and Europe. Nestlé and Unilever, which reported better ...
- Bloomberg•7 days ago
Water Giants Race to Curb Plastic Waste
Danone’s Evian plans to start selling an in-home water appliance featuring a balloon-like container that cuts down on plastic use, while Nestle SA is working on an out-of-home dispensing system based on refillable bottles. Now, as consumer groups and politicians step up pressure, the biggest players in the business are looking at more radical measures.
- Reuters•11 days ago
Greenpeace calls for Nestle to act over single-use plastics
Environmental group Greenpeace on Thursday accused Nestle of not doing enough to reduce single-use plastics polluting landfills and oceans. Jennifer Morgan, executive director at Greenpeace International, said the world's biggest food group should set a target for reducing single-use packaging and invest in alternatives focusing on refill and reuse. "Nestle is a major contributor to the plastic crisis and environmental problem that we have right now," Morgan told Reuters on the sidelines of the company's annual general meeting in Lausanne, where Greenpeace activists intervened shaking banners.
- Bloomberg•13 days ago
Nestle to Gauge Interest From Smithfield, Cargill for Herta
The Swiss company plans to send marketing material this month to potential investors including Tyson Foods Inc., China’s Cofco Corp. and Sigma Alimentos SA de CV of Mexico, said the people. Representatives for Nestle, Cargill and Tyson declined to comment.
- Reuters•14 days ago
Nestle buys minority stake in EQT's vet services group IVC
Nestle (NESN.S) will buy a minority stake in Independent Vetcare Group International from EQT as part of an information-sharing tie-up between Nestle Purina PetCare and Europe's largest veterinary services firm, Nestle and EQT said on Monday.
- Motley Fool•16 days ago
How to Invest in Coffee Stocks
You might be surprised where the best investment turns out to be.
- Reuters•18 days ago
Third Point up 9 pct in first quarter, fueled largely by Nestle gains
Third Point LP returned 9 percent in the first quarter of 2019 fueled largely by gains at Nestle, which was publicly critiqued by the hedge fund in 2018 for its "muddled strategic approach," an investor said. The Swiss-based food giant, maker of KitKat bars and Perrier water, contributed 1.5 percent in gains to $14 billion Third Point's portfolio during the first three months of the year, the investor said. Third Point, which includes activism in its lineup of investment strategies, took a roughly $3 billion stake in Nestle in 2017 with an eye to pushing the company to perform better.
- Bloomberg•20 days ago
Nestle Joins Race to Get Meatless Burgers in Stores
Nestle’s meatless Incredible Burger will go on sale in supermarkets in Europe under the Garden Gourmet brand this month, starting out in countries including Germany, the Netherlands and Sweden. Near the end of the year, a version designed for American palates called the Awesome Burger will be available where Sweet Earth brand products are sold, the world’s largest food company said in a statement Tuesday. Nestle’s announcement comes the day after Restaurant Brands International Inc.’s Burger King said it will start a test run of meatless burgers using patties from Impossible Foods Inc. in the St. Louis area.
Reuters•20 days agoNestle goes vegan with meat-free burger range
Nestle is looking to take a bite of the fast-growing vegan foods market with a range of plant-based burgers, saying its recipes could compete for taste with traditional beef patties. Demand for meat-free foods is rising fast. Last year total U.S. retail sales of plant-based meat substitutes grew more than 23 percent to exceed $760 million, according to Nielsen sales data analysed by The Good Food Institute, a non-profit organisation promoting plant-based alternatives.
- InvestorPlace•20 days ago
Private Equity Is Dodging Nielsen Stock and So Should You
Speculating on buyouts can be dicey. Just look at the situation with Nielsen Holdings (NYSE:NLSN), which is a leading global measurement and data analytics company. Last week a report from the New York Post sent the company's stock reeling by about 10%. The result is that most of the gains for the year for Nielsen stock were wiped out.Source: David Boyle via FlickrThe news report indicated that the company's efforts to sell itself have hit a wall that is, it appears that Blackstone Group (NYSE:BX) has backed away from the deal. It also looks like Apollo Global Management (NYSE:APO) has been losing interest as well.So what now? Is this a sign to stay away from Nielsen stock? Or might there be value here? Well, it is not unusual for buyers to get cold feet. In auction situations, the valuations can get excessive. In fact, both BX and APO are known to be quite disciplined with their dealmaking.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The Elite 8 Stocks to Buy for Massive Outperformance But then again, when it comes to Nielsen stock, the valuation is really not a problem. Consider that the shares are trading at a forward price-to-earnings multiple of 12.6X. The dividend yield is also at an attractive 5.26%.Now there are certainly some other positives. For example, Nielsen has a strong platform that goes well beyond TV ratings, such as providing measurement services for websites and apps. These are must-have offerings as brands need a way to evaluate their large marketing budgets. Nielsen is also highly trusted, as the company has been around for more than 90 years.By having access to large amounts of data, Nielsen is in a position to leverage artificial intelligence. This technology should allow for providing predictions and insights, which should lead to more effective ad campaigns. The Problems with NLSN StockYet there still are some nagging issues. Note that last year the top-line flat-lined and there was a drop in operating cash flows from $1.3B to $1.06 billion. It looks as if this poor performance is a key reason for BX's reluctance.Why the slowdown? One problem is that NLSN's customers are pushing back on price increases. Let's face it, some of its major ones, such as Coca-Cola (NYSE:KO), Nestle (OTCMKTS:NSRGY), Unilever (NYSE:UN) and Procter & Gamble (NYSE:PG), are under pressure to rethink their marketing budgets.Then there is the issue of online privacy. For the most part, new regulations in Europe have made it more difficult to measure audiences.Oh, and something else: The company has initiated a restructuring. This has not only included a focus on reducing costs but also simplifying the operations. Because of a string of acquisitions, the IT platform is a jumble of legacy systems, which has made it difficult to leverage next-generation technologies.We need to make faster, bolder decisions. We're going to need to execute those decisions and we need to transform Nielsen into a truly product-driven measurement and technology organization," said Nielsen CEO, David Kenny, on the latest earnings call. Bottom Line On Nielsen StockAgain, Nielsen stock is trading at reasonable levels. The dividend should also act as a cushion. And even though the cash flows are flagging, there should be enough to fund the dividend for a while.Nevertheless, NLSN stock may still languish. The restructuring is still in the early stages and the marketing industry is undergoing major changes. It also is not encouraging that top-tier private equity firms appear to not have much interest. After all, they have access to large amounts of proprietary information about the company.So given all this, it's probably best to avoid NLSN stock for now.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post Private Equity Is Dodging Nielsen Stock and So Should You appeared first on InvestorPlace.
- Bloomberg•20 days ago
Nestle Deal Seeks to Tap Pomegranate's Anti-Aging Potential
The world’s largest food company will get global rights to develop products such as supplements and beverages that use technology from Lausanne-based Amazentis SA, the companies said in a statement Tuesday. Amazentis said its urolithin A technology mimics the effect of certain foods such as pomegranates which are believed to clean up damage in cellular powerhouses called mitochrondia. The company was founded in 2007 by Patrick Aebischer and Chris Rinsch.
Reuters•24 days agoNestle to face lawsuit saying Poland Spring water not from a spring: U.S. judge
"We remain highly confident in our legal position and will continue to defend our Poland Spring brand vigorously against this meritless lawsuit," a Nestle Waters spokeswoman said in a statement on Thursday. The actual Poland Spring in Maine, which the defendant's labels said is a source of Poland Spring water, "commercially ran dry" nearly 50 years ago, the complaint said.
- Reuters•24 days ago
Nestle to face lawsuit saying Poland Spring water not from a spring - U.S. judge
"We remain highly confident in our legal position and will continue to defend our Poland Spring brand vigorously against this meritless lawsuit," a Nestle Waters spokeswoman said in a statement on Thursday. The actual Poland Spring in Maine, which the defendant's labels said is a source of Poland Spring water, "commercially ran dry" nearly 50 years ago, the complaint said.
- Insider Monkey•27 days ago
Is Nestle SA (NSRGY) A Good Stock To Buy?
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the […]
- InvestorPlace•last month
Tilray Stock Mania Holds Its Breath as Earnings Approach
The social stigma against marijuana continues to slowly dissipate.Source: Shutterstock A construction worker's pick-up truck passed me twice during a recent walk, apparently looking for a job site, the smell of marijuana smoke redolent in the air. It's still illegal to smoke in Georgia, but that doesn't mean the illegal market isn't operating …But what about the legal market?InvestorPlace - Stock Market News, Stock Advice & Trading TipsStock in Tilray (NASDAQ:TLRY), the Canadian pot company, now sits finely poised between earnings due on today after the bell and a shortage of stock to short.Tilray stock is expected to lose 12 cents per share on revenue of $14.15 million. (Earnings Whispers puts the numbers for earnings and revenue at -15 cents and $17.69mm, respectively.) But that may be less important to speculators than Tilray's efforts to create credibility with the marijuana and general investor communities. * 7 Small-Cap Stocks That Make the Grade Consider the following: Tilray has appointed Andrew Pucher, a former managing director at Goldman Sachs (NYSE:GS), as chief corporate development officer.Pucher joins a team that now includes former executives from Nestle (OTCMKTS:NSRGY), Diageo (NYSE:DEO), Coca-Cola (NYSE:KO) and Starbucks (NASDAQ:SBUX). Further, Tilray has a partnership with Novartis (NYSE:NVS), a joint venture with Anheuser-Busch InBev (NYSE:BUD) and a production agreement with the privately-held Authentic Brands Group.Finally, Tilray last week announced a deal to buy Manitoba Harvest from Compass Group (NYSE:CODI) for about $315 million.With all this corporate star power and deal-making, you would think Tilray would be a major pot producer. What About the Product?What product?Tilray sold no marijuana during the first two weeks after Canada legalized it in October. CEO Brendan Kennedy insisted that this will have changed by this quarter, while simultaneously announcing he bought producer Natura Naturals for $26.3 million. If all this is leaving you skeptical about the company, you're not alone …Tilray short interest recently stood at 4 million shares, 24.62% of the company's float, and there's no more available to borrow. That's why shares of a company that may report revenue of $17 million trade at a market capitalization of almost $7 billion.The other is that most of the shares don't trade, with over 78% held by "individual stakeholders." There are 79 million shares outstanding. The Marijuana MarketSpeculators are betting that over the next few years, many more U.S. states will legalize marijuana sales and are looking to legislators for guidance.New Jersey is the latest with a bill to allow recreational sales. Meanwhile, Massachusetts is getting a network of pot shops, debate has begun in Connecticut and New York Governor Andrew Cuomo is pushing the issue.But despite the examples of Colorado and Washington, the path to legal pot is still not a straight line.Minnesota Republicans recently rejected a legalization effort, prospects are dimming in New Mexico and New York's move is being held up by black legislators who want specific provisions for their communities to benefit.As a result, most moves lately have been toward legalizing medical marijuana, with doctors' prescriptions and extensive regulation. Florida is moving in that direction. So is Oklahoma.All that said, marijuana remains an illegal drug under U.S. law.People are still being put in jail for marijuana offenses and Tesla (NASDAQ:TSLA) CEO Elon Musk may lose his SpaceX security clearance after being shown on video smoking pot on a podcast. Bottom Line on Tilray StockDespite the success of Colorado, where marijuana sales are now growing at only single-digit rates in the fifth year of legalization, the product remains controversial.Tilray and its competitors are preparing for an opportunity that may not come to them for years. Meanwhile, marijuana stocks have been bid well beyond fundamentals. A lot of people are cashing big paychecks, and the dream of a well-regulated American pot market remains hazy.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at danablankenhorn@gmail.com or follow him on Twitter at @danablankenhorn. As of this writing, he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Tilray Stock Mania Holds Its Breath as Earnings Approach appeared first on InvestorPlace.
- Reuters•last month
BRIEF-Nestle (Malaysia) Says Unit Served With Summons Over QR Code On Its Products/Packaging
March 14 (Reuters) - Nestle (Malaysia) Bhd: * NESTLÉ PRODUCTS SDN SERVED WITH SEALED WRIT OF SUMMONS BY MAD LABS SDN OVER USE OF PLAINTIFF’S QR CODE ON CO'S PRODUCTS/PACKAGING * IN RELATION TO CLAIMS, ...
- The Wall Street Journal•last month
[$$] Nestle Chooses Bidders for Skin-Health Unit-Bloomberg
Nestle has chosen a handful of private-equity and consumer-goods firms to participate in the next round of bidding for its skin-health business, Bloomberg reports, citing unnamed sources.
