Added to YB: 2024-07-11
Pitch date: 2024-07-08
NSRGY [bullish]
Nestlé S.A.
-2.92%
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 203.6B
Pitch Price
CHF 100.75
Price Target
N/A
Dividend
3.85%
EV/EBITDA
13.58
P/E
19.79
EV/Sales
2.90
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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