FY2018 Earnings Estimate for Unilever (UN) Issued By Jefferies Group

Unilever (NYSE:UN) – Jefferies Group cut their FY2018 EPS estimates for shares of Unilever in a report released on Monday, April 23rd. Jefferies Group analyst M. Deboo now anticipates that the company will post earnings per share of $2.72 for the year, down from their previous forecast of $2.80. Jefferies Group also issued estimates for Unilever’s FY2019 earnings at $2.99 EPS and FY2020 earnings at $3.42 EPS.

Other analysts also recently issued research reports about the company. UBS upgraded Unilever from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 28th. Argus upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Friday, March 23rd. They noted that the move was a valuation call. Investec upgraded Unilever from a “hold” rating to a “buy” rating in a research report on Monday, January 29th. ABN Amro upgraded Unilever from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Zacks Investment Research upgraded Unilever from a “sell” rating to a “hold” rating in a research report on Wednesday, December 27th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Unilever currently has a consensus rating of “Hold” and an average price target of $66.00.

NYSE:UN opened at $55.70 on Tuesday. The company has a market capitalization of $94,292.84, a P/E ratio of 22.02, a PEG ratio of 2.06 and a beta of 0.84. Unilever has a 1-year low of $51.56 and a 1-year high of $61.62.

The business also recently disclosed a special dividend, which will be paid on Wednesday, June 6th. Shareholders of record on Friday, May 4th will be given a $0.4789 dividend. The ex-dividend date of this dividend is Thursday, May 3rd. Unilever’s payout ratio is currently 59.68%.

A number of hedge funds have recently made changes to their positions in the business. Bollard Group LLC lifted its position in Unilever by 15.2% in the fourth quarter. Bollard Group LLC now owns 7,122 shares of the company’s stock valued at $401,000 after purchasing an additional 939 shares during the last quarter. Suntrust Banks Inc. lifted its position in Unilever by 3.9% in the fourth quarter. Suntrust Banks Inc. now owns 26,146 shares of the company’s stock valued at $1,470,000 after purchasing an additional 973 shares during the last quarter. Bourgeon Capital Management LLC lifted its position in Unilever by 26.0% in the fourth quarter. Bourgeon Capital Management LLC now owns 4,850 shares of the company’s stock valued at $273,000 after purchasing an additional 1,000 shares during the last quarter. Douglass Winthrop Advisors LLC lifted its position in Unilever by 8.1% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 13,300 shares of the company’s stock valued at $749,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Synovus Financial Corp lifted its position in Unilever by 4.7% in the fourth quarter. Synovus Financial Corp now owns 25,487 shares of the company’s stock valued at $1,438,000 after purchasing an additional 1,144 shares during the last quarter. Hedge funds and other institutional investors own 8.29% of the company’s stock.

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Unilever Company Profile

Unilever N.V. operates in the fast-moving consumer goods industry worldwide. The company operates through Personal Care, Home Care, Foods, and Refreshment segments. The Personal Care segment offers skincare and haircare products, deodorants, and oral care products. This segment markets its products under the Axe, Dove, Lux, Rexona, Sunsilk, TRESemmé, Signal, Lifebuoy, Vaseline, Dermalogica, Murad, Dollar Shave Club, Zest & Camay, and Seventh Generation brands.

Earnings History and Estimates for Unilever (NYSE:UN)

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