Fast Retailing Co., Ltd. (OTCMKTS:FRCOY – Free Report) – Equities research analysts at Erste Group Bank increased their FY2026 EPS estimates for shares of Fast Retailing in a report issued on Wednesday, August 5th. Erste Group Bank analyst H. Engel now forecasts that the company will post earnings of $1.04 per share 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.
Other equities research analysts have also issued research reports about the company. Zacks Research lowered Fast Retailing from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Sanford C. Bernstein began coverage on Fast Retailing in a research report on Tuesday, May 26th. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Fast Retailing Price Performance
FRCOY opened at $49.45 on Wednesday. Fast Retailing has a 52 week low of $29.25 and a 52 week high of $55.65. The business’s fifty day simple moving average is $50.26 and its 200 day simple moving average is $45.90.
Fast Retailing (OTCMKTS:FRCOY – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $6.22 billion for the quarter, compared to the consensus estimate 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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