Research Analysts Issue Forecasts for Nestle FY2027 Earnings

Nestle SA (OTCMKTS:NSRGY) – Erste Group Bank issued their FY2027 EPS estimates for Nestle in a research report issued on Wednesday, March 4th. Erste Group Bank analyst S. Lingnau anticipates that the company will earn $5.99 per share for the year. The consensus estimate for Nestle’s current full-year earnings is $5.01 per share.

Other analysts also recently issued research reports about the stock. Jefferies Financial Group reissued a “hold” rating on shares of Nestle in a research report on Monday, February 23rd. Morgan Stanley reiterated an “underweight” rating on shares of Nestle in a research note on Thursday, February 12th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $91.00.

Nestle Price Performance

Shares of Nestle stock opened at $103.62 on Monday. The company has a 50 day moving average price of $99.34 and a 200 day moving average price of $97.41. The company has a quick ratio of 0.41, a current ratio of 0.71 and a debt-to-equity ratio of 1.62. Nestle has a 52 week low of $86.98 and a 52 week high of $109.59.

Institutional Investors Weigh In On Nestle

A number of large investors have recently bought and sold shares of the company. Mengis Capital Management Inc. increased its holdings in Nestle by 11.4% in the 4th quarter. Mengis Capital Management Inc. now owns 46,175 shares of the company’s stock worth $4,561,000 after buying an additional 4,740 shares during the period. IHT Wealth Management LLC raised its position in Nestle by 9.0% during the 4th quarter. IHT Wealth Management LLC now owns 2,836 shares of the company’s stock worth $280,000 after buying an additional 235 shares during the last quarter. DF Dent & Co. Inc. lifted its stake in Nestle by 219.6% during the 4th quarter. DF Dent & Co. Inc. now owns 7,192 shares of the company’s stock valued at $710,000 after acquiring an additional 4,942 shares during the period. Sfam LLC purchased a new stake in shares of Nestle in the 4th quarter valued at $74,000. Finally, Vaughan David Investments LLC IL purchased a new stake in shares of Nestle in the 4th quarter valued at $207,000. Hedge funds and other institutional investors own 0.61% of the company’s stock.

Nestle Company Profile

Nestlé SA is a Swiss multinational food and beverage company headquartered in Vevey, Switzerland. Founded in 1866 by Henri Nestlé, the company has grown into a global consumer goods firm and its American depositary receipts trade in the United States under the OTCMKTS ticker NSRGY. Nestlé operates across a broad range of food and beverage categories and is widely recognized for its portfolio of consumer-facing brands and products.

The company’s main business activities include the manufacture, marketing and distribution of products in categories such as coffee and other beverages, bottled water, dairy and infant nutrition, prepared meals and culinary products, confectionery, and pet care.