I'm fed up with Unilever's shares

Every time I think of the Uneilever (LSE: ULVR) The price of shares is about to arise to life, which goes again. Sometimes I wonder what the point is.

I'm probably unfair. Maybe even a little anxious. It is not close to the worst performance in my inverted personal pension.

For rights, it should be ventilating Diageo, Glencore and GSK. They have done much worse. Instead, I have chosen to ignore them. Unilever bothers me.

Why am I so grumpy for this FTSE 100 stock?

It is one of the largest companies in the United Kingdom, but has lost its way for years. Since it reached a maximum point of just over 5,000p in August 2019, the shares have not gone anywhere quickly, sliding 10% to 4,466p today.

The CEO Hein Schumacher seemed to be grabbing. The shares rose 15% in the last 12 months, but now it has gone after only 19 months and the shares are sliding again.

Schumacher will be replaced by Fernando Fernández, financial director since January 2024. Fernández has impressed the Board with “Your decisive and oriented approach to the results and its ability to boost change at speed”. Hopefully it shines in the price of the shares. You need an elevator. Me too.

Fortunately, others are somewhat less bleak. The Berenberg corridor was pleased in the results of the whole year of the group, published on February 13, which saw the growth of sales underlying the expectations of analysts by increasing 4%.

The underlying operating margins rose 18.4%, 170 basic points. The underlying profits by action also exceed the forecasts, increasing 14.7% to € 2.98.

Berenberg praised Unilever “Better in class” Growth that expects to overcome the companions of the industry Be protected and Procter and bet.

The 21 analysts who offer pricing forecasts of one -year shares have produced an average objective of exactly 4,998p. If it is correct, that is an increase of almost 12% as of today. Add the 3.7% prognosis yield (well covered 1.7 times), and this would give me a total yield of more than 15% if it is true.

Growth, dividends and meh

That is pleasant but barely fascinating. It will only recover half of the recent slide. It is certainly not enough to shake from my discomfort.

There are reasons to believe in Unilever, including its strong portfolio of global brands, a great opportunity for emerging markets and defensive nature in difficult times.

The plans to reduce the work, increase productivity, the hive of the ice cream division and double in its largest brands could inject a very necessary life.

However, sticky inflation will continue to forcing entry costs and margins of squeezion, while emerging markets do not fly exactly. Unilever trusts that you can handle Trump rates. We'll see.

If I had no unilever actions, I would not be in a hurry to buy them. They are not exactly cheap, with a price ratio of almost 23 times.

But investing is a long game. I would lose respect for yourself if I retired from a stock just because I was bored a bit. Patience is required. I will try to ignore it for a while, such as Diageo, Glencore and GSK. Who knows, could have a pleasant surprise on my return.