Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Free Report) – Equities researchers at Erste Group Bank dropped their FY2027 earnings estimates for shares of Compagnie Financiere Richemont in a note issued to investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings per share of $0.84 for the year, down from their previous estimate of $0.88. The consensus estimate for Compagnie Financiere Richemont’s current full-year earnings is $0.83 per share. Erste Group Bank also issued estimates for Compagnie Financiere Richemont’s FY2028 earnings at $0.97 EPS.
Separately, Royal Bank Of Canada downgraded shares of Compagnie Financiere Richemont from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, September 22nd. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.
Compagnie Financiere Richemont Price Performance
OTCMKTS CFRUY opened at $20.43 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.06 and a current ratio of 3.10. Compagnie Financiere Richemont has a one year low of $16.26 and a one year high of $24.86. The firm’s fifty day moving average is $22.24 and its two-hundred day moving average is $21.44.
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC bought a new stake in Compagnie Financiere Richemont AG (OTCMKTS:CFRUY – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 501,500 shares of the company’s stock, valued at approximately $11,598,000.
Compagnie Financiere Richemont Company Profile
Compagnie Financière Richemont SA is a Switzerland-based luxury goods group that owns and manages a portfolio of prestigious maisons. Its businesses primarily serve the jewelry, watches, fashion and accessories, and writing instruments markets, with products sold through company-operated boutiques, e-commerce channels, and selected wholesale partners.
The group’s maisons include Cartier and Van Cleef & Arpels in jewelry; Vacheron Constantin, Jaeger-LeCoultre, IWC Schaffhausen, Piaget, Panerai, A.
See Also
- Five stocks we like better than Compagnie Financiere Richemont
- The Pentagon’s $350 Million Quantum Push: Why IonQ Could Benefit More Than D-Wave
- Delta’s Guidance Cut Could Spell Trouble for the Airline Industry
- Salesforce Just Got a Rare Double Upgrade—What Changed?
- OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors
Receive News & Ratings for Compagnie Financiere Richemont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compagnie Financiere Richemont and related companies with MarketBeat.com's FREE daily email newsletter.
