Nestlé S.A. (NSRGY)
| Market Cap | 312.54B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 2.75B |
| EPS (ttm) | 3.67 |
| PE Ratio | 31.85 |
| Forward PE | 21.98 |
| Dividend | $3.03 (2.59%) |
| Ex-Dividend Date | Apr 11, 2022 |
| Volume | 273,763 |
| Open | 117.41 |
| Previous Close | 117.56 |
| Day's Range | 116.57 - 117.62 |
| 52-Week Range | 102.78 - 133.86 |
| Beta | 0.30 |
| Analysts | Buy |
| Price Target | 132.24 (+12.89%) |
| Earnings Date | n/a |
About NSRGY
Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. The company operates through Zone Europe, Middle East and North Africa; Zone Americas; and Zone Asia, Oceania and sub-Saharan Africa segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Nestle L'atelier, Nestle Toll House, Mil... [Read more]
Financial Performance
In 2022, Nestle's revenue was 94.78 billion, an increase of 8.36% compared to the previous year's 87.47 billion. Earnings were 9.60 billion, a decrease of -44.20%.
Financial numbers in CHF Financial StatementsAnalyst Forecast
According to 33 analysts, the average rating for NSRGY stock is "Buy." The 12-month stock price forecast is $132.24, which is an increase of 12.89% from the latest price.
News
Nestlé Ranked As Most Valuable Food Brand As Many F&B Brands Grow
Food and beverage brands are gaining value in the post-pandemic economy.
Nestlé, the world's biggest consumer food company, says it will keep hiking prices in 2023, and that its rivals will have to do the same
"Inflation has left its mark on gross margins and profit margins," Nestlé CEO Mark Schneider said. "Clearly, some repairing still needs to be done."
'Nestle's full-year organic growth up 8.3%,' says company CEO
Mark Schneider, CEO of Nestle, discusses the company FY earnings results.
Nestlé Sells Less After Raising Prices, Moves to Drop Some Unpopular Lines
The maker of Nescafé coffee and Purina pet food said sales volumes fell after it raised prices to offset soaring costs.
Nestle CEO: Mitigated Volume Slowdown Not Much of a Concern
Nestle Chief Executive Officer Mark Schneider discusses fourth-quarter results, the business impact of inflation, and the company's food and beverage offerings in Russia. He speaks on "Bloomberg Surve...
Nestle reports 2022 profit drop, but sees ‘robust' growth in the year ahead
Nestle SA reported full-year profit and sales below expectations despite price increases to battle rampant inflation, and set out guidance for 2023.
Nestle full year profit misses forecasts despite price increases
Nestle reported weaker than expected full year net profit despite the world's biggest food group passing on higher raw material costs by hiking prices for customers.
Nestlé proposes Rainer Blair and Marie-Gabrielle Ineichen-Fleisch as new independent members of its Board of Directors
Nestlé announced today that it nominates Rainer Blair, President and CEO of Danaher Corporation, a global science and technology company, and Marie-Gabrielle Ineichen-Fleisch, former State Secretary a...
Nestlé reports full-year results for 2022
Total reported sales increased by 8.4% to CHF 94.4 billion. Net acquisitions had a positive impact of 1.1%. Foreign exchange decreased sales by 0.9%.
Nestle to pay ex manager $2.2 million over bullying case, Tages-Anzeiger reports
Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court upheld her claim of bullying while working at the company, newspaper Tages-Anzeiger reported.
Nestle to hike food prices further in 2023, CEO says
Nestle will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive Mark Schneider told a German ne...
3 Global Stocks to Buy to Get Around America's Slowdown
If you've been avoiding stocks during the past few months in order to prevent yourself from making any more mistakes after 2022's bloodbath and you're looking to dip your toe back into equities, findi...
Nestle unveils $100 mln Colombia investment to grow capacity
Global food giant Nestle is set to invest $100 million over the next three years in its Colombian operations, President Gustavo Petro said on Friday, part of his push to boost industrialization.
‘Overbought and overpriced.' Why this investor sees a bubble popping for this popular group of stocks
Investors wouldn't be blamed for sizing up the first losing week in three for the S&P 500 and decide to start the weekend early. And stock futures are just barely positive.
Moral Rating Agency slams Western companies, including Microsoft and Nestlé, over alleged supply of products to Russia
Almost a year after Vladimir Putin launched the devastating invasion of Ukraine, Western companies' alleged links to Russia are still under the microscope.
Baby-formula imports to face tariffs again in 2023
Tariffs on baby formula are set to resume in the new year, despite supply chain issues and some still empty shelves.
Baby formula imports to face tariffs again in 2023 - WSJ
Imported baby formula would be subject to tariffs again in the new year, after the expiration of exemptions implemented amid a nationwide shortage, the Wall Street Journal reported on Wednesday.
Trends For 2023: Nestlé Looks To The Future
What do big companies see when they look toward the future? I talked with Melissa Cash, chief strategy officer at Nestlé, about the trends Nestlé is predicting.
Nestle announces launch of $43 million facility in Ukraine
Nestlé to invest $43 million to launch a new production facility in western Ukraine as the country is dealing with the economic impact of Russia's invasion.
Time to Buy These Global Food Stocks for 2023?
There are quite a few food retailers that will benefit from pricing power in the current market environment. Here are two that investors may want to consider for diversification on a global scale as w...
Nestle to build $43M facility in war-torn Ukraine
Nestle will invest $42.88 million to launch a new production facility in western Ukraine, the company said on Monday.
Nestle to launch new Ukraine facility in rare war-time investment
Nestle (NESN.S) will invest 40 million Swiss francs ($42.88 million) to launch a new production facility in western Ukraine, the company said on Monday.
Nestlé's Freshly Deal Indicates Meal Subscriptions Are Facing Reckoning
Nestlé is partly offloading its Freshly meal delivery business following disappointing results. The food and beverage giant announced earlier this month that it is forming a partnership with private e...
Nestlé May Shed Peanut Allergy Treatment as Sales Disappoint
Palforzia, the world's only approved peanut allergy drug, has so far proved a flop, potentially due to a laborious treatment process.
Nestlé outlines value creation model and 2025 targets at investor seminar
[Ad hoc announcement pursuant to Art. 53 LR]