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Unilever is a better buy than Procter & Gamble due to its better value for money, forward valuation, and product mix. Both companies face headwinds in emerging markets, but Unilever's issues are simpler to fix, making it less risky. Unilever's lower P/E ratio and higher dividend yield make it more attractively valued compared to Procter & Gamble.
Between 2023 and the end of 2024, the S&P 500 (^GSPC 0.16%) gained a staggering 53.2%. The strong two-year performance has left the index with a relatively expensive valuation.
A boycott against Unilever and other multinationals operating in Israel has worsened the global consumer company's loss of market share in Indonesia, Southeast Asia's largest economy, where it is battling smaller, often cheaper local rivals.
Unilever PLC (LSE:ULVR) shares fell to their lowest since July after analysts at RBC Capital Markets said the Vaseline, Lynx and Cornetto owner "hasn't the wherewithal" to grow sales volumes as much as it wants. The FTSE 100 consumer good group's aim is to grow volumes 2% but analyst James Edwardes Jones said this is unlikely given various factors, including a "lack of market dominance", as it is market leader in only half of its business once it has spun off its ice cream arm.
CNBC's Andrew Ross Sorkin reports on the latest news.
Unilever PLC (LSE:ULVR) has sold off its Russian business after facing scrutiny for not ditching operations in the country following the invasion of Ukraine in early 2022. The sale to Arnest Group was confirmed to have been completed on Thursday, with this also including Unilever's four factories in Russia and its business in Belarus.
VERX, CARG, and UL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on October 3, 2024.
As the U.S. stock market trades at lofty valuations, the consumer staples sector appears highly attractive for value-seeking investors. Unilever's stock offers a significant margin of safety, as it is priced at a discount to its peers once we take into account current business fundamentals. On top of that, the prospects of future margin improvements are significant and the stock offers an attractive dividend.
YELP, UL and STRL made it to the Zacks Rank #1 (Strong Buy) growth stocks list on September 26, 2024.
Unilever PLC (NYSE:UL ) Bernstein Strategic Decisions Conference 2024 Call September 25, 2024 5:00 AM ET Company Participants Fernando Fernandez - Chief Financial Officer Conference Call Participants Bruno Monteyne - Bernstein Callum Elliott - Bernstein Bruno Monteyne Good morning, everybody. Thank you for joining.