UL Stock Summary and Trading Ideas (Unilever PLC | NYSE:UL)

Unilever is a diversified personal-care (52% of 2022 sales by value), homecare (14%), and packaged food (34%) company. Its brands include Knorr soups and sauces, Hellmann's mayonnaise, Axe and Dove skin products, and the TRESemmé haircare brand. The firm has been acquisitive in recent years; notable purchases include Paula's Choice, Liquid I.V., Horlicks, Garancia, and The Vegetarian Butcher.

Unilever PLC trades on the NYSE stock market under the symbol UL.

As of May 13, 2024, UL stock price climbed to $53.93 with 2,754,964 million shares trading.

UL has a beta of 0.66, meaning it tends to be less sensitive to market movements. UL has a correlation of 0.23 to the broad based SPY ETF.

UL has a market cap of $135.11 billion. This is considered a Large Cap stock.

In the last 3 years, UL stock traded as high as $61.81 and as low as $42.44.

The top ETF exchange traded funds that UL belongs to (by Net Assets): FVD, GCOW, DIHP, DFIC, DFAX.

UL stock has underperformed the market in the last year with a return of +3.1%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in UL shares. However, UL has outperformed the market in the last 3 month and 2 week periods, returning +7.5% and +5.2%, while SPY returned +4.3% and +2.5%, respectively. This indicates UL has been having a stronger performance recently.

UL support price is $53.04 and resistance is $53.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UL stock will trade within this expected range on the day.