FY2027 EPS Estimates for Unilever Cut by Erste Group Bank

Unilever PLC (NYSE:UL) – Equities researchers at Erste Group Bank cut their FY2027 earnings estimates for Unilever in a report released on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $4.00 per share for the year, down from their previous forecast of $4.01. The consensus estimate for Unilever’s current full-year earnings is $3.53 per share.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group reaffirmed an “underperform” rating on shares of Unilever in a research note on Monday, July 6th. TD Cowen restated a “buy” rating on shares of Unilever in a report 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. Finally, Weiss Ratings upgraded shares of Unilever from a “sell (d)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Unilever presently has an average rating of “Hold” and an average price target of $65.55.

Unilever Stock Performance

Shares of UL stock opened at $62.47 on Monday. The business has a 50-day moving average of $63.09 and a 200 day moving average of $60.94. Unilever has a 1-year low of $54.75 and a 1-year high of $74.97.

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

Hedge Funds Weigh In On Unilever

Institutional investors and hedge funds have recently made changes to their positions in the business. Elyxium Wealth LLC purchased a new stake in shares of Unilever in the 4th quarter worth approximately $25,000. Financial Life Planners bought a new stake in Unilever in the first quarter worth $25,000. Bard Associates Inc. bought a new stake in Unilever in the fourth quarter worth $27,000. Whipplewood Advisors LLC purchased a new stake in shares of Unilever in the first quarter worth $29,000. Finally, Essential Partners LLC increased its holdings in shares of Unilever by 125.5% during the first quarter. Essential Partners LLC now owns 602 shares of the company’s stock valued at $34,000 after acquiring an additional 335 shares in the last quarter. Institutional investors own 9.67% of the company’s stock.

About Unilever

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.