Understanding the Nestle Stock Symbol and Its Competitors

The Nestle stock symbol is NESN, listed on the SIX Swiss Exchange. It's a well-established company with a long history of success.

Nestle's stock has been consistently performing well over the years. In fact, the company has been paying dividends for over 150 years.

Nestle's main competitors in the food and beverages industry are Unilever and Danone. These companies also have a strong presence in the global market.

Unilever's stock symbol is ULVR, while Danone's stock symbol is BN. These companies have a similar business model to Nestle, focusing on consumer goods and beverages.

Suggestion: Danone Stock Symbol

Nestle's financial strength is a key factor to consider when evaluating its stock. The company's quick ratio of 0.48 suggests that it has limited liquidity to meet its short-term obligations.

Looking at the current ratio, Nestle's 0.82 is lower than GIS's 0.92, indicating that GIS has more liquid assets to cover its current liabilities. However, Nestle's current ratio is still higher than HSY's 0.96.

Nestle's interest coverage ratio of 8.00 is lower than GIS's 7.44, indicating that GIS has less ability to pay its interest expenses. In contrast, HSY's 15.14 is significantly higher, suggesting that HSY has a stronger ability to cover its interest expenses.

As we dive into the world of investment analysis, it's essential to consider the competition in the industry. General Mills Inc, a well-established player, is a direct competitor to our focus company.

General Mills Inc is listed as GIS on the stock market. The company has a long history of producing popular consumer goods.

The Hershey Co is another significant competitor in the market, listed as HSY. Its iconic chocolate brands are a testament to its success.

The Kraft Heinz Co, listed as KHC, is a large food manufacturer with a diverse portfolio of brands. Mondelez International Inc Class A, listed as MDLZ, rounds out the list of major competitors.

Here are the competitors listed in one place:

When evaluating the financial strength of a company, several key metrics come into play. One such metric is the Quick Ratio, which measures a company's ability to pay its short-term debts.

The Quick Ratio for NESN is 0.48, indicating that it may struggle to meet its short-term obligations. In contrast, GIS has a Quick Ratio of 0.51, showing that it has a slightly better ability to pay its short-term debts.

If this caught your attention, see: Current Pe Ratio of Market

A Current Ratio of 0.82 for NESN is also a concern, as it suggests that it may not have enough liquid assets to cover its current liabilities. On the other hand, GIS has a Current Ratio of 0.92, indicating that it has a more stable financial position.

Interest Coverage is another important metric, as it shows a company's ability to pay its interest on its debt. NESN has an Interest Coverage of 8.00, while GIS has an Interest Coverage of 7.44. HSY, however, has a much higher Interest Coverage of 15.14, indicating that it has a strong ability to pay its interest on its debt.

Here's a summary of the financial strength metrics for the three companies:

Overall, the financial strength of the three companies varies significantly, with GIS and HSY appearing to have stronger financial positions than NESN.

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As we dive into the world of Nestle stock symbol, let's take a closer look at the Broker Insights section, which provides valuable information to help us make informed investment decisions.

Broker Research gives us a detailed analysis of Nestle's fundamentals, earnings, relative valuations, risk, price momentum, and inside trading. This comprehensive report is a must-read for anyone considering investing in the company.

The Thomson Reuters proprietary rating of stock on a scale of 1 to 10 provides a quick snapshot of the stock's performance and potential. This rating can be a useful tool for investors to gauge the stock's value.

Industry ranking and detailed sector analysis of recent happenings in the sector give us a broader understanding of the company's position within its industry. This information can help us identify potential trends and opportunities.

To access the full report, a minimum transaction of 500,000 shares or a minimum value of Rs 5 crore is required. This shows that the report is geared towards serious investors who are looking to make a significant impact on the market.

Here's a breakdown of the key components of the Broker Research report: