|Bid||0.00 x 2200|
|Ask||0.00 x 800|
|Day's Range||58.15 - 58.80|
|52 Week Range||50.80 - 59.14|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||23.24|
|Forward Dividend & Yield||1.77 (3.06%)|
|1y Target Est||60.00|
NOTE: On April 22, 2019, the press release was corrected as follows: In the second sentence of the first paragraph, the corrected issuer name was changed to WEI Sales LLC. Revised release follows. New York, April 16, 2019 -- Moody's Investors Service ("Moody's") today assigned WEI Sales LLC ("WEI") a Corporate Family Rating (CFR) at Ba3, a Probability of Default Rating (PDR) at Ba3-PD, and a negative rating outlook.
Unilever announced today that it has signed an agreement to acquire OLLY Nutrition, a premium U.S.-based wellbeing business in the vitamins, minerals, and supplements (VMS) category. Based in San Francisco, California (U.S.), OLLY Nutrition was co-founded in 2014 by Eric Ryan, who also previously co-founded home and personal care products company method®. Established as a B Corp, OLLY Nutrition’s mission is to make nutrition delightfully easy as it believes good health is the foundation of happiness.
Kraft Heinz (NYSE:KHC) CEO Bernardo Hees, who gained notoriety on Wall Street as a cost-cutter, will now have to figure out how to invest money into the beleaguered packaged food company if its long-suffering shareholders ever hope to get any relief.Source: Mike Mozart via FlickrUnfortunately, Hees won't be able to just write a check to make KHC's problems go away. Like other packaged food companies, KHC has been hurt by the rising consumer demand for "fresh and healthy" ingredients at the expense of processed food. New York-based KHC made matters worse by making unrealistic forecasts for the savings of its 2015 merger, which loaded its balance sheet with more than $31 billion in debt. Plunging Share PriceKHC stock has plunged more than 64% since Unilever (NYSE:UL) rejected the company's unsolicited $143 billion offer. The stock was further bloodied by its recent announcement of disappointing earnings, a $15 billion write-down, a dividend cut and an SEC investigation into its accounting practices. S&P recently announced that it was reviewing KHC's debt for a possible downgrade after the company missed the deadline to file its annual report (form 10-K) with the Securities & Exchange Commission. InvestorPlace - Stock Market News, Stock Advice & Trading TipsDuring the company's earnings conference call, Hees tried to reassure investors that he was willing to deploy capital where it's needed. Hees is also is a partner with 3G Capital, the Brazilian private equity that owned Heinz and arranged with Warren Buffett for the merger with Kraft. * 6 Cheap Stocks That Cost Less Than $10 "In a nutshell, we plan to go to market in 2019 with a stronger innovation pipeline than we ever had, backed by more marketing dollars while leveraging advantaged category managed and go-to-market initiatives to win assortment and improve distribution across all channels, including e-commerce," He said. "And we plan to do this while we maintain industry-leading margins."Easier said than done since KHC clearly fired too many workers and damaged its brands, damage which won't be easy or cheap to fix.The company is trying to clean up the mess Hees helped create. According to media reports, Kraft Heinz is reviewing strategic options for its Maxwell House Coffee business including a possible sale and may dispose of other well-known brands such as Breakstone's Cottage Cheese and sour cream. Selling off poorly performing businesses is a step in the right direction though it isn't a substitute for a business strategy. The Oracle of OmahaIndeed, the growth through acquisitions approach isn't the answer for KHC. According to CNBC, the company passed on bidding for Pinnacle Foods and failed to make a compelling offer for Campbell Soup when it was being shopped around last year. KHC stock deserves to be in Wall Street's penalty box but it's not going to be in their forever. The company has a major fan in Buffett, who recently described the company as a "fabulous" business though he admitted that Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) "overpaid" for Kraft. He has no plans to liquidate his position.For investors with a large tolerance for risk, KHC is worth testing Buffett's maxim to "be fearful when others are greedy and to be greedy only when others are fearful." However, there are better places for investors to put their money in the consumer sector, including Campbell, Chuch & Dwight (NYSE:CHL) and Clorox (NYSE:CLX).As of this writing, Jonathan Berr did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Now Is the Right Time to Buy Kraft Heinz Stock appeared first on InvestorPlace.
Europe’s biggest consumer goods companies have reported a better than expected start to the year, with Nestlé setting the pace for sales growth ahead of Unilever and Danone. Nestlé’s pet food and baby formula businesses have picked up steam, while Unilever is benefiting from better sales of its household and personal care brands such as Dove soaps. Unilever’s shares rose as much as 3.3 per cent on Thursday, amid a slight fall for the FTSE 100, while Nestlé was up about 1 per cent at midday.
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.
Consumer goods group Unilever is on track to meet its performance goals this year after strong sales in emerging markets led to a better-than-expected start to 2019. The maker of Dove soap and Ben & Jerry's ice cream said on Thursday it still expects underlying sales growth in the lower half of a 3 to 5 percent range this year. Emerging markets, where Unilever generates 58 percent of its sales, grew 5 percent in the quarter, offsetting a mere 0.3 percent gain in developed markets, which were hurt by economic uncertainty and intense price competition in Europe, particularly in Germany and France.
In a trading world where investors seek the latest technology or the newest trend, personal products stocks tend to receive less attention. As an older industry which mostly produces commoditized products, investment interest in this sector tends to revolve around preserving existing wealth or generating dividend income. * 7 Stocks to Buy for Spring Season Growth Despite the perception, these firms may receive more attention as they innovate on product development or marketing. Also, a growing presence in emerging markets has also bolstered these consumer staples stocks. Although many personal products stocks could bring opportunity, these three appear especially well-positioned to profit investors:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Herbalife (HLF)Source: Aybek Erkinov via FlickrOne can argue that Herbalife (NYSE:HLF) has become better-known for hedge fund interest than what the firm produces. However, with Carl Icahn finally winning on his long bet against short-seller Bill Ackman, traders can evaluate HLF stock on sales and profit growth.The Cayman Islands-based nutrition company makes products for nutrition, energy, sports and fitness. However, its weight management segment drives more than 50% of its revenue. Though weight management encompasses multiple products, the division centers on its original product, protein shake. This Formula 1 shake is a soy-based product marketed as a "meal replacement." The company sells its product directly to the public via multi-level marketing.Unlike most personal products stocks, HLF acts as more of a growth equity. While it does not pay a dividend, it has begun to post improving growth numbers. After stagnating in the middle of the decade, revenues again started to increase in 2018. Revenue growth seems to have returned as Wall Street predicts a 6.1% increase for this year and 6.6% growth in 2020.As a result, profit increases have returned to double-digit levels, with earnings rising by 10.1% this year. This takes the forward P/E ratio to just under 14.4.HLF stock can rise, the question is how much? Herbalife currently trades at almost $53 per share. The one point of concern is it appears to have become stuck in a range. Since last August, it has twice pulled back from the low $60s per share level. I think the improving profit outlook can at least take it back to that level. However, it will need to break out of this range to sustain a longer-term upward trend. Nu Skin Enterprises (NUS)Nu Skin Enterprises (NYSE:NUS) is a multilevel marketing company who produces and sells both dietary supplements and personal care products. They market under the Nu Skin and Pharmanex brand names.The Provo, Utah-based firm operates in about 50 markets worldwide. According to the company's 10-K, they derive about 88% of their revenue from outside the U.S. Its largest market, mainland China, accounts for around 33% of that revenue.Like most personal products stocks, NUS stock pays a dividend. The current annual payout of $1.48 per share has increased every year since 2001. For new shareholders, it also yields around 2.9%, well above S&P 500 averages.A falling stock price may explain the relatively high yield. Over the last six months, the equity has lost over 40% of its value. This decline stems from its significant presence in China and investigations. Chinese authorities allege firms such as Nu Skin engaged in the unlawful promotion of health and wellness products. In early January, China instituted a 100-day ban on business meetings.The uncertainty surrounding this probe has hammered NUS stock. Consequently, investors may have a buying opportunity. NUS stock now trades at a forward P/E ratio of 11.6. Equities forecasted to increase profits by an average of 11.35% per year over the next five years rarely trade at such a low multiple. * 10 S&P 500 Stocks to Weather the Earnings Storm The tenuous situation in China adds to the risk of NUS stock. For this reason, it might make sense to wait or to buy only for the dividend. However, I think once the current crackdown ends, investors will hold a low-priced, high-growth stock with a generous payout. Unilever (UL, UN)Investors often confuse the stocks of London-based Unilever PLC (NYSE:UL) and Unilever N.V. (NYSE:UN) based in the Netherlands. Despite the legal separation, both are Unilever. It maintains this dual headquarters arrangement and two tickers for a variety of reasons. Still, while UN faces higher dividend taxes, UL and UN remain almost identical for purposes of U.S. traders.Unilever owns a wide variety of consumer brands including Ben & Jerry's Ice Cream, Lipton Tea, Dove soap, and Axe skin products. In 2018, it derived about 60% of its revenue from personal products. The remainder came from packaged food-type products. It has undergone cost-cutting initiatives over the last few years and has aggressively moved into emerging markets.Over the long-term, UL and UN stock have generally risen, though it has stagnated over the last year. As of this writing, UN trades at about $57.50 per share, near its 52-week high. Still, both tickers support a forward P/E of about 20. Also, analysts expect an average 9.3% per year increase in profits over the next five years.For this reason, most of the benefit of owning UL and UN stock comes from the dividend. Since the company pays in pounds and euro, payouts may fluctuate. However, the stocks currently yield about 3.05%. Dividends also rise annually, at least when measured in the currency of their respective countries.Unilever may trade at a somewhat higher multiple compared to other personal products stocks. However, with its growing presence in emerging markets, both UN and UL stock can become a profitable growth and income play.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post 3 Personal Products Stocks to Revitalize Your Portfolio appeared first on InvestorPlace.
Bill Nygren (Trades, Portfolio), portfolio manager of the Oakmark Fund, started two positions and exited five in the first quarter, he said ahead of Securities and Exchange Commission deadlines for portfolio disclosure. Warning! GuruFocus has detected 3 Warning Sign with STZ. In a first-quarter letter released last week, Nygren discussed purchases of Constellation Brands (STZ) and S&P Global Inc. (SPGI).
Unilever is voluntarily recalling a limited quantity of Ben & Jerry’s Coconut Seven Layer Bar bulk and Ben & Jerry’s Chunky Monkey pints, which may inadvertently contain tree nuts including almonds, Brazil nuts, and hazelnuts that are not declared in the ingredient list or allergy information list. Persons who have an allergy or severe sensitivity to these undeclared tree nuts run the risk of a serious or life-threatening allergic reaction if they consume the recalled products. The affected Ben & Jerry’s Coconut Seven Layer Bar bulk product is sold in a tub containing 2.4 gallons with a Consumer UPC of 076840104246 and best by date of SEP1520BJ4.
Anglo-Dutch consumer goods giant Unilever PLC will be taking its first step in the U.S. hemp market in September, when its subsidiary brand Schmidt’s Naturals launches a line of hemp-oil deodorants that will be available at certain retailers.
Estee Lauder (EL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Procter & Gamble Co. intends to sell two toothpaste brands to one of its biggest rivals, Unilever. The Cincinnati-based maker of Fluocaril and Parogencyl (NYSE: PG) has owned the oral care brands for more than 13 years. Fluocaril specializes in protecting teeth against cavities, while Parogencyl is formulated to address gum issues.
Unilever said on Friday it had agreed to buy Procter & Gamble's Fluocaril and Parogencyl toothpaste brands for an undisclosed price, expanding its presence in oral care. The brands are sold primarily in ...
Procter & Gamble (PG) retains a commitment to reward shareholders by raising quarterly dividend by 4% to 74.59 cents per share.
At the Walmart Global Sustainability Milestone Meeting today, Unilever North America President Amanda Sourry announced plans to accelerate and expand the company’s plastics commitments in North America. The three-part plan provides better choices for plastic packaging, adds clear recycling instructions on pack, and launches a shopper education program in partnership with Walmart. “We know that the response from the consumer goods industry is critical in determining the speed that positive change takes place around plastic packaging, and using less, better, or no plastics is a priority at Unilever,” said Sourry.
Funds from The Right to Shower collection of soaps and body washes will help fund mobile showers across the country.
Unilever PLC (LON:ULVR) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ULVR, it is a notable...