Unilever (UL) Scheduled to Post Quarterly Earnings on Thursday

Unilever (NYSE:UL) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, July 25th.

Unilever Stock Performance

Shares of NYSE UL opened at $57.28 on Wednesday. Unilever has a fifty-two week low of $46.16 and a fifty-two week high of $58.62. The business has a 50 day moving average price of $55.70 and a two-hundred day moving average price of $51.69.

Unilever Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 7th. Stockholders of record on Friday, May 17th were given a dividend of $0.4556 per share. This represents a $1.82 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date was Thursday, May 16th.

Analyst Ratings Changes

A number of research analysts have commented on UL shares. Argus increased their price objective on shares of Unilever from $58.00 to $60.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. upgraded shares of Unilever from an “underweight” rating to an “overweight” rating in a research note on Thursday, May 23rd. TD Cowen started coverage on Unilever in a research note on Tuesday. They issued a “buy” rating and a $67.00 price target for the company. StockNews.com raised Unilever from a “hold” rating to a “buy” rating in a report on Monday. Finally, Redburn Atlantic raised Unilever from a “neutral” rating to a “buy” rating in a report on Friday, June 7th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $58.33.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.