Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Free Report) – Equities research analysts at Erste Group Bank lifted their FY2027 EPS estimates for shares of Fast Retailing in a research note issued on Wednesday, July 15th. Erste Group Bank analyst H. Engel now anticipates that the company will earn $1.14 per share for the year, up from their previous forecast of $1.12.
FRCOY has been the subject of a number of other research reports. Sanford C. Bernstein started coverage on shares of Fast Retailing in a research note on Tuesday, May 26th. They set an “outperform” rating for the company. Zacks Research downgraded shares of Fast Retailing from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Fast Retailing presently has an average rating of “Hold”.
Fast Retailing Trading Down 0.3%
Shares of Fast Retailing stock opened at $48.30 on Friday. Fast Retailing has a 52-week low of $29.25 and a 52-week high of $55.65. The company has a 50 day moving average of $49.85 and a 200 day moving average of $44.56.
Fast Retailing (OTCMKTS:FRCOY – Get Free Report) last posted its quarterly earnings results on Thursday, July 9th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.24 by $0.06. The business had revenue of $6.22 billion during the quarter, compared to analyst estimates of $6 billion.
Fast Retailing Company Profile
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.
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