Erste Group Bank Predicts Increased Earnings for Unilever

Unilever PLC (NYSE:ULFree Report) – Investment analysts at Erste Group Bank raised their FY2026 earnings per share estimates for shares of Unilever in a research report issued to clients and investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $3.77 for the year, up from their previous forecast of $3.76. The consensus estimate for Unilever’s current full-year earnings is $3.53 per share.

Unilever (NYSE:ULGet Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $1.84 by ($1.25). The company had revenue of $14.62 billion during the quarter, compared to analyst estimates of $14.80 billion.

Several other research firms have also weighed in on UL. TD Cowen reissued a “buy” rating on shares of Unilever in a research note on Wednesday, July 29th. Zacks Research raised shares of Unilever from a “strong sell” rating to a “hold” rating in a research note on Tuesday, July 28th. Jefferies Financial Group reiterated an “underperform” rating on shares of Unilever in a report on Monday, July 6th. Finally, Weiss Ratings raised shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a research report on Thursday, July 30th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Unilever has a consensus rating of “Hold” and a consensus target price of $65.55.

Check Out Our Latest Report on UL

Unilever Stock Performance

Unilever stock opened at $61.53 on Friday. The business has a 50-day moving average of $63.06 and a 200-day moving average of $61.18. Unilever has a 1 year low of $54.75 and a 1 year high of $74.97.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Elyxium Wealth LLC acquired a new position in shares of Unilever during the fourth quarter worth about $25,000. Financial Life Planners bought a new stake in Unilever in the 1st quarter valued at approximately $25,000. Palisade Asset Management LLC bought a new stake in Unilever in the 3rd quarter valued at approximately $25,000. Bard Associates Inc. acquired a new position in Unilever during the 4th quarter worth approximately $27,000. Finally, Whipplewood Advisors LLC acquired a new position in Unilever during the 1st quarter worth approximately $29,000. Institutional investors own 9.67% of the company’s stock.

Unilever Company Profile

(Get Free Report)

Unilever PLC is a global consumer goods company that develops, markets and sells products across beauty and wellbeing, personal care, home care and foods. Its portfolio includes well-known brands such as Dove, Vaseline, Axe, TRESemmé, Sunsilk, Hellmann’s, Knorr, Cif, Domestos and OMO or Persil, depending on the market.

The company serves consumers in markets around the world, with products distributed through retail stores, e-commerce platforms and other channels. Its offerings include skin and hair care, deodorants, oral care, household cleaning products, dressings, condiments, soups and cooking products.

Unilever was created in 1929 through the combination of Margarine Unie, a Dutch margarine producer, and Lever Brothers, a British soap maker.

Further Reading

Earnings History and Estimates for Unilever (NYSE:UL)

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