Unilever PLC (NYSE:UL) does about 2.50M shares in volume on a normal day but saw 2412433 shares change hands in Friday trading. The company now has a market cap of 128.19B USD. Its current market price is $51.01, marking an increase of 1.29% compared to the previous close of $50.36. The 52 week high reached by this stock is $53.76 whilst the lowest price level in 52 weeks is $42.44. The script in recent trading has seen the stock touch a high of $51.02 and a low of $50.37.
Unilever PLC (UL) has a 20-day trading average at $50.81 and the current price is -5.11% off the 52-week high compared with 20.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $50.03 and its 200-day simple moving average is $46.72. If we look at the stock’s price movements over the week, volatility stands at 1.19%, which decreases to 1.05% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 55.25 to suggest the stock is neutral.
23 analysts observing the Unilever PLC (UL) stock have set the 12-month price targets for the company’s shares at between $37.31 and $64.31. The consensus objective for the share price is $47.30, suggesting that the stock has a potential downside of -7.84% over the period. The median price target is 3.83% away from the current levels at $53.04.
FactSet Research has provided data showing that 23 brokerages have issued ratings for the stock. 3 analysts have rated it as a sell, while 1 advise that it is a overweight. 8 analysts have rated it as a buy and 10 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Moderate Buy the stock.
The current price level is 0.43%, 2.16%, and 9.24% away from its SMA20, SMA50, and SMA200 respectively, with the UL price moving above the 50-day SMA on January 20. Unilever PLC (UL) stock is down -0.41% over the week and 1.07% over the past month. Its price is 1.31% year-to-date and 1.94% over the past year.
The company’s next earnings report is expected on 04/27/2023.
Its 12-month price target is $53.04. To reach the target analysts have set, the stock logically needs to shrink -7.84 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $37.31, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $64.31.
Outstanding shares total 2.56B with insiders holding 0.00% of the shares and institutional holders owning 10.27% of the company’s common stock. The company has a return on investment of 14.30%. The price to earnings ratio (P/E ratio) amounts to 20.83. The beta has a value of 0.43. Price to book ratio is 5.98 and price to sales ratio is 2.10.
According to a U.S. Securities and Exchange Commission filing, Vanguard Equity Income Fund has added its position in Unilever PLC (UL) to 13,321,083 shares, mirroring a recent increase by 38.54%. Vanguard Equity Income Fund added 3.71 million shares of Unilever PLC common stock bringing its total worth to about $670.72 million at the end of recent close, SEC documents show. Vanguard Equity Income Fund isn’t the only investment manager who changed stakes and is followed by BlackRock Equity Dividend Fund, which sold off -0.28 million shares to end up with 7,898,862 shares worth $397.71 million. Vanguard Wellesley Income Fund raise their holdings by 23.18% in the company over the course of the most recent quarter. It now holds a 0.27% position in Unilever PLC thanks to 6.73 million shares amounting to $338.77 million.