Added to YB: 2024-07-11
Pitch date: 2024-07-08
NSRGY [bullish]
Nestlé S.A.
+0.31%
current return
Author Info
No bio for this author
Company Info
Nestlé S.A., together with its subsidiaries, manufactures and distributes food and beverage, and nutritional science products in the United States, Brazil, Mexico, Greater China, the Philippines, India, the United Kingdom, France, Germany, Switzerland, and internationally.
Market Cap
CHF 195.5B
Pitch Price
CHF 97.48
Price Target
N/A
Dividend
4.08%
EV/EBITDA
13.98
P/E
26.29
EV/Sales
2.84
Sector
Food Products
Category
value
ClearBridge Large Cap Value Strategy Portfolio Holding: Nestlé S.A.
NSRGY: Global food/bev leader, strong in pet care, coffee, nutritional drinks. Temporary ERP issues in US health science div caused selloff. Expect mid-single-digit rev growth post-recovery. Trading at attractive valuation vs food/bev peers. Stock at 2019 levels, poised for re-rating to premium multiple as ERP issues resolve.
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