Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Free Report) – Erste Group Bank increased their FY2026 earnings per share estimates for Fast Retailing in a research note issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $1.04 for the year, up from their prior forecast of $1.00. Erste Group Bank also issued estimates for Fast Retailing’s FY2027 earnings at $1.19 EPS.
Several other equities analysts have also recently issued reports on FRCOY. Zacks Research cut shares of 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 analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold”.
Fast Retailing Stock Up 0.1%
OTCMKTS:FRCOY opened at $49.45 on Wednesday. The company has a 50-day moving average price of $50.26 and a 200-day moving average price of $45.90. Fast Retailing has a 12 month low of $29.25 and a 12 month high of $55.65.
Fast Retailing (OTCMKTS:FRCOY – Get Free Report) last issued its quarterly earnings data on Thursday, July 9th. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The company had revenue of $6.22 billion for the quarter, compared to analysts’ expectations 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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