Professional
Added to YB: 2024-12-12
Pitch date: 2024-11-28
NSRGY [bullish]
Nestlé S.A.
+25.19%
current return
Author Info
No bio for this author
Company Info
Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. It operates through Zone North America; Zone Europe; Zone Asia, Oceania and Africa; Zone Latin America; Zone Greater China; Nestlé Health Science; and Nespresso segments.
Market Cap
CHF 204.2B
Pitch Price
CHF 83.65
Price Target
N/A
Dividend
3.84%
EV/EBITDA
13.61
P/E
19.85
EV/Sales
2.91
Sector
Food Products
Category
turnaround
Matrix Large Cap Value Strategy New Position: Nestlé S.A.
NSRGY: Swiss packaged food giant w/ strong brands. 30yr dividend growth. Share price -29% in 18mo due to temp issues (food inflation, rising costs, missed estimates). New CEO focus: product dev & ops. Trading at low end of historical valuation. Added position in Q3.
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