FY2027 EPS Estimates for Fast Retailing Lifted by Analyst

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Erste Group Bank upped their FY2027 earnings per share estimates for shares of Fast Retailing in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst H. Engel now expects that the company will earn $1.14 per share for the year, up from their prior estimate of $1.12.

Fast Retailing (OTCMKTS:FRCOY) last issued its quarterly earnings results on Thursday, July 9th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. The business had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6 billion.

A number of other research analysts have also issued reports on the company. Zacks Research lowered Fast Retailing from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Sanford C. Bernstein assumed coverage on shares of Fast Retailing in a report on Tuesday, May 26th. They issued an “outperform” rating for the company. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Fast Retailing Stock Performance

Fast Retailing stock opened at $48.97 on Friday. Fast Retailing has a 12 month low of $29.25 and a 12 month high of $55.65. The business has a 50 day simple moving average of $49.86 and a 200-day simple moving average of $44.59.

About Fast Retailing

Fast Retailing Co, Ltd. is a Japanese retail holding company best known as the parent of Uniqlo, one of the world’s leading casual apparel brands. Headquartered in Yamaguchi Prefecture, Japan, Fast Retailing focuses on the design, manufacture and global distribution of everyday wear for men, women and children. Its core business centers on accessible, high-quality basics that blend functionality with minimalist styling, underpinned by proprietary fabric technologies such as HEATTECH and AIRism.

The company traces its roots to a men’s clothing shop founded by Tadashi Yanai’s family in 1963.