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Nestlé (Malaysia) Berhad (4707.KL)
| Previous close | 129.50 |
| Open | 129.70 |
| Bid | 129.60 x 0 |
| Ask | 129.80 x 0 |
| Day's range | 129.70 - 130.00 |
| 52-week range | 111.60 - 135.00 |
| Volume | |
| Avg. volume | 123,640 |
| Market cap | 30.415B |
| Beta (5Y monthly) | 0.14 |
| PE ratio (TTM) | 46.32 |
| EPS (TTM) | 2.80 |
| Earnings date | 25 Jul 2024 - 29 Jul 2024 |
| Forward dividend & yield | 5.12 (3.95%) |
| Ex-dividend date | 17 Apr 2024 |
| 1y target est | 129.56 |
Barrons.comBuy Nestlé Stock. Despair Is Turning to Hope.
The world’s largest food company has been a sleeping giant. It’s waking up—making its shares attractive once again.
ReutersNestle's Nescafe to invest $196 million in Brazil by 2026 to tap surging demand
Nestle plans to invest 1 billion reais ($196.5 million) in Brazil by 2026 to expand production capacity and out-of-home sales of its Nescafe lines, targeting younger consumers, executives told Reuters. The Nescafe brand, which was first created in Brazil to sell instant coffee, today has a broader range of products. "We are at a time of expanding consumption of premium coffee, and that is making coffee consumption more sophisticated in Brazil," Valeria Pardal, head of Nestle brand Cafe Nestle, said in an interview.
Insider MonkeyReasons for the Decline of Nestle (NSRGY)
The London Company, an investment management company, released “The London Company Large Cap Strategy” first quarter 2024 investor letter. A copy of the same can be downloaded here. During 1Q, U.S. stocks made significant gains due to steady economic growth, decreasing inflation, and a slightly weaker labor market, increasing the likelihood of a soft landing. […]
