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OTCMKTS:NSRGY

Nestlé (NSRGY) Stock Price, News & Analysis

$103.19
-0.38 (-0.37%)
(As of 07/8/2024 ET)
Today's Range
$103.12
$104.28
50-Day Range
$99.65
$110.31
52-Week Range
$99.04
$125.41
Volume
329,712 shs
Average Volume
444,840 shs
Market Capitalization
$270.36 billion
P/E Ratio
N/A
Dividend Yield
2.04%
Price Target
N/A

Nestlé MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.00% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
8.01%
From $5.49 to $5.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.74 out of 5 stars

NSRGY stock logo

About Nestlé Stock (OTCMKTS:NSRGY)

Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands. The company provides coffee products under the Nescafé, Nespresso, Nescafé Dolce Gusto, Starbucks Coffee At Home, and Blue Bottle Coffee brands; culinary, chilled, and frozen foods under the Maggi, DiGiorno, Thomy, Garden Gourmet, Sweet Earth, Hot Pockets, Stouffer's, Buitoni, Lean, and Life Cuisine brands; dairy products under the Carnation, Nido, Bear, Coffee-Mate, and La Laitière brands; and drinks under the Nesquik, Nestea, Nescafé, and Milo brands. In addition, it offers food service products under the Milo, Nescafé, Maggi, Chef, Nestea, Stouffer's, Chef-Mate, Minor's, and Lean Cuisine brand names; healthcare nutrition products under the Boost, Garden of Life, Nature's Bounty, Persona, Vital Proteins, Solgar, Peptamen, Resource, Vitaflo, Impact, and Compleat brands; ice cream products under the Movenpick, Häagen-Dazs, Nestlé Ice Cream, and Extrême brands; and pet care products under the Purina, ONE, Alpo, Felix, Pro Plan, Cat Chow, Fancy Feast, Bakers, Friskies, Dog Chow, Beneful, and Gourmet brands. The company was founded in 1866 and is headquartered in Vevey, Switzerland.

NSRGY Stock Price History

NSRGY Stock News Headlines

What Makes Nestlé S.A. (NSRGY) a Good Investment Bet?
50-year Wall Street Legend: “Prepare for a cash avalanche”
The Dow crossed 40,000 for the first time in history… The S&P has hit over 30 all-time highs since the start of the year.
50-year Wall Street Legend: “Prepare for a cash avalanche”
The Dow crossed 40,000 for the first time in history… The S&P has hit over 30 all-time highs since the start of the year.
Reasons for the Decline of Nestle (NSRGY)
See More Headlines
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Company Calendar

Today
7/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Food & kindred products
Sub-Industry
N/A
Current Symbol
OTCMKTS:NSRGY
CIK
N/A
Employees
270,000
Year Founded
1866

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$103.54 billion
Cash Flow
$6.99 per share
Book Value
$15.18 per share

Miscellaneous

Outstanding Shares
2,620,000,000
Free Float
N/A
Market Cap
$270.36 billion
Optionable
Not Optionable
Beta
0.54

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Key Executives

  • Ms. Anna Olive Magdelene Manz (Age 51)
    Executive VP, CFO & Member of Executive Board
  • Mr. Laurent Freixe (Age 62)
    Executive VP, CEO of Zone Latin America & Member of Executive Board
  • Mr. Marco Settembri (Age 65)
    Executive VP, CEO of Zone Europe & Member of Executive Board
  • Mr. Stefan Palzer (Age 55)
    Executive VP, CTO & Member of Executive Board
  • Ms. Beatrice Guillaume-Grabisch (Age 60)
    Executive VP, Global Head of Human Resources & Business Services and Member of Executive Board
  • Ms. Leanne D. Geale (Age 59)
    Executive VP, General Counsel & Member of the Executive Board
  • Mr. David Rennie (Age 58)
    Executive VP, Head of Coffee Brands & Member of Executive Board
  • Mr. Sanjay Bahadur (Age 65)
    Deputy Executive VP, Head of Group Strategy & Business Development and Member of Executive Board
  • Mr. Bernard Meunier (Age 64)
    Executive VP, Head of Strategic Business Units of Marketing & Sales and Member of Executive Board
  • Mr. Remy Ejel (Age 55)
    Executive VP, CEO of Zone Asia, Oceania & Africa and Member of Executive Board

Should I Buy Nestlé Stock? NSRGY Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Nestlé:

  • Nestlé has a diverse product portfolio in the food and beverage industry, providing stability and resilience during economic fluctuations.
  • The company has a strong global presence, allowing it to capitalize on emerging markets and diverse consumer preferences.
  • Nestlé's recent stock price of $106.96 presents a potential buying opportunity for investors looking to enter at a relatively lower price point.
  • Steady dividend payments over the years make Nestlé an attractive option for income-focused investors seeking consistent returns.
  • Continuous innovation and product development efforts ensure Nestlé remains competitive and relevant in the ever-evolving consumer landscape.

Cons

Investors should be bearish about investing in Nestlé for these reasons:

  • Market analysts have assigned an average rating of "Reduce" to Nestlé, indicating potential concerns about the company's performance.
  • Recent downgrades by prominent financial institutions like JPMorgan Chase & Co. may signal underlying challenges or risks within Nestlé's operations.
  • The company's stock performance has shown volatility, with fluctuations in trading volume and price movements, which could pose risks for short-term investors.
  • Institutional investors have been adjusting their holdings in Nestlé, with varying levels of buying and selling activity, reflecting uncertainty in the market sentiment towards the stock.
  • While Nestlé has a strong brand reputation, increased competition in the food and beverage sector could impact its market share and profitability in the long run.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Nestlé pros and cons to contact@marketbeat.com.

NSRGY Stock Analysis - Frequently Asked Questions

How have NSRGY shares performed this year?

Nestlé's stock was trading at $115.63 at the beginning of 2024. Since then, NSRGY stock has decreased by 10.8% and is now trading at $103.19.
View the best growth stocks for 2024 here
.

Does Nestlé have any subsidiaries?

Nestlé subsidiaries include Vital Proteins, Ester-C, Nature's Bounty, Osteo Bi-Flex, Puritan’s Pride, Solgar, SUNDOWN, and more.

Who are Nestlé's major shareholders?

Nestlé's top institutional investors include Douglas Lane & Associates LLC (0.03%), Confluence Investment Management LLC (0.01%), Beach Investment Counsel Inc. PA and Neville Rodie & Shaw Inc..

How do I buy shares of Nestlé?

Shares of NSRGY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:NSRGY) was last updated on 7/9/2024 by MarketBeat.com Staff

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