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    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
  Report
Delayed Swiss Exchange  -  11:30 2022-08-16 am EDT
115.22 CHF   -0.36%
08/12ADRs End Mostly Higher
DJ
08/09A2 Milk's hopes to sell baby food in U.S. curdled, shares plunge
RE
08/08FDA Infant Formula Update, August 5, 2022
AQ
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U.S. FTC launches inquiry into infant formula crisis

05/24/2022 | 03:23pm EDT

May 24 (Reuters) - The Federal Trade Commission said on Tuesday it has launched an inquiry into the ongoing shortage for infant formula.

The inquiry comes in the wake of a product recall by top baby formula maker Abbott Laboratories and the closing of its manufacturing plant in Sturgis, Michigan during a probe by the U.S. Food and Drug Administration that has created one of the biggest infant formula shortages in recent history for U.S. families.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Arun Koyyur)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ABBOTT LABORATORIES 0.06% 112 Delayed Quote.-20.49%
DANONE 0.86% 54.14 Real-time Quote.-1.67%
NESTLÉ S.A. -0.36% 115.22 Delayed Quote.-9.26%
RECKITT BENCKISER GROUP PLC 0.12% 6558 Delayed Quote.3.28%
All news about NESTLÉ S.A.
08/12ADRs End Mostly Higher
DJ
08/09A2 Milk's hopes to sell baby food in U.S. curdled, shares plunge
RE
08/08FDA Infant Formula Update, August 5, 2022
AQ
08/03Easing raw material costs promising for Indian consumer companies
RE
07/29SUPPLY CHAIN SCARE : Halloween candy scarce this year amid war in Ukraine
AQ
07/29NESTLE S A : Transcript 428kb
PU
07/29Nestle reports half-year results for 2022
AQ
07/29NESTLE : Gets a Buy rating from Baader Bank
MD
07/29NESTLE : Credit Suisse remains Neutral
MD
07/29NESTLE : Gets a Buy rating from UBS
MD
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Analyst Recommendations on NESTLÉ S.A.
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Financials
Sales 2022 94 163 M 99 073 M 99 073 M
Net income 2022 11 853 M 12 471 M 12 471 M
Net Debt 2022 41 367 M 43 524 M 43 524 M
P/E ratio 2022 26,9x
Yield 2022 2,56%
Capitalization 319 B 336 B 336 B
EV / Sales 2022 3,83x
EV / Sales 2023 3,69x
Nbr of Employees 276 000
Free-Float 97,9%
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Technical analysis trends NESTLÉ S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 26
Last Close Price 115,64 CHF
Average target price 124,68 CHF
Spread / Average Target 7,81%
EPS Revisions
Managers and Directors
Ulf Mark Schneider Chief Executive Officer & Director
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Paul Bulcke Chairman
Stefan Palzer Chief Technology Officer & Executive VP
Magdi Batato Head-Operations & Executive Vice President
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