Are Analysts Too Bullish On Unilever plc ADR (UL)

Unilever plc ADR (NYSE:UL) currently has a daily average trading volume of 2.33M but it saw 2170587 shares traded in last market. With a market cap of 140.29B USD, the company’s current market price of $56.67 came rising about 1.11 while comparing to the previous closing price of $56.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $65.87 and as low as $46.46. In the recent trading on the day, stock has struck highest price mark of $56.29 while lowest mark touched by it was $56.75.

Taking a look at 20-day trading activity of Unilever plc ADR (UL) gives us an average price of $56.18, while its current price level is -13.97% below from 52-week high level whereas it is 21.99% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $57.60 while that of 200 days or SMA-200 reads an average of $58.09. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.12% during that period while stretching the period over a month that decreases to 1.01%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.88 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Underperform” on August 22, 2024 while assigning a price target range of $47-$72. TD Cowen issued its recommendations for the stock as it initiated the price target for the stock is $67.

Over the week, UL’s stock price is moving 3.56% up while it is -1.53% when we observe its performance for the past one month. Year-to-date it is -0.05% down and over the past year, the stock is showing an upside performance of 20.60%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 2.93. In next quarter, company is expected to be making quarterly sales of $15.53B as analysts are expecting the sales for current fiscal year at $60.59B and seeing the company making $62.78B in sales next year. Moreover, analysts are in estimates of $14.29B for current-quarter revenue.

Currently, Unilever plc ADR’s total number of outstanding shares is 2.50B with 0.00% of that held by the insiders while 9.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 15.11% and return on equity (ROE) at 33.57%. It has a price to earnings ratio (P/E ratio) of 19.88 while having a 17.36 of forward P/E ratio. Stock’s beta reads 0.49. Stock has a price to book (P/B) ratio of 6.50 while price to sale or P/S ratio amounts to 2.15. Its return on asset (ROA) is 8.39% on average.