The stock of Unilever PLC (NYSE:UL) increased by $0.21 on Tuesday to finish at $51.31, up 0.41 percent. The last five days have seen an average of 1,825,540 shares of common stock traded. 20 times new highs were reached in the current year, with a gain of $0.96. The average number of shares traded over the last 20 days was 1,819,360, while the average volume over the last 50 days totaled 1,884,360.
UL stock dropped -4.50% since last month. On 08/22/23, the company’s shares reached a one-month low of $50.31. The stock touched a high of $55.99 on 04/28/23, after rallying from a low of $42.44 in 52 weeks. The price of UL stock has risen by 1.91% or $0.96 this year, reaching a new high 20 times. Still, the stock price is down -8.36% from the 52-week high.
Valuation Metrics
Unilever PLC (UL) has a trailing price-to-earnings (P/E) ratio of 14.59. Beta for the stock is 0.46. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.97, the price-to-book (PB) ratio of 6.22.
Company paid $0.4702 per share in dividends, an increase of 2.91% from $0.4569 last year. A $0.0133 dividend increase was reported on Tuesday July 4 2023.
Financial Health
For the recent quarter, Unilever PLC’s quick ratio was 0.60, while its current ratio was 0.80, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 1.25, and the total debt to equity ratio is 1.59. Based on annual data, it had gross profit of $51.96 billion and revenue of $63.29 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. There was a 18.00% return on investment (ROI) in the past year.
Technical Picture
Here’s a quick look at Unilever PLC’s (UL) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 49.93%, suggesting the stock is Neutral, with a 7.40% historical volatility rate.
The stochastic %K and %D were 32.20% and 24.34% respectively, while the average true range (ATR) was 0.45. Based on the 14-day stochastic reading of 40.36%, the RSI (14) reading is 47.01%. On the 9-day MACD Oscillator, the stock is at 0.28, and the 14-day reading is at -0.03.
Analyst Ratings
Unilever PLC (NYSE: UL) was downgraded by Bernstein to a a Mkt perform rating in its latest research report. The stock was previously rated as a an Outperform. Analysts have assigned Unilever PLC (UL) an Hold rating. UL is a stock that is recommended for selling by 3 brokerage firms, while 9 companies recommend holding. The stock is underweighted by 2 analysts. Among the analysts who rate the stock, 1 rate it overweight and 9 others recommend it as a buy.
What is UL’s price target for the next 12 months?
The current consensus forecast for the stock is between $41.18 and $68.01, with a median target price of $58.15. In analyzing these forecasts, the average price target given by analysts for Unilever PLC (UL) is $56.99.
