Erste Group Bank Has Negative View of Nestle FY2026 Earnings

Nestle SA (OTCMKTS:NSRGY) – Stock analysts at Erste Group Bank dropped their FY2026 EPS estimates for shares of Nestle in a note issued to investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $5.48 per share for the year, down from their previous estimate of $5.57. Erste Group Bank currently has a “Buy” rating on the stock. The consensus estimate for Nestle’s current full-year earnings is $5.60 per share. Erste Group Bank also issued estimates for Nestle’s FY2027 earnings at $5.83 EPS.

Other equities analysts have also recently issued research reports about the company. Jefferies Financial Group upgraded Nestle from a “hold” rating to a “buy” rating in a report on Tuesday, July 21st. Morgan Stanley restated an “underweight” rating on shares of Nestle in a research note on Thursday, July 2nd. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Nestle Price Performance

OTCMKTS:NSRGY opened at $93.64 on Tuesday. Nestle has a 12 month low of $88.47 and a 12 month high of $109.59. The business’s 50-day moving average is $98.78 and its two-hundred day moving average is $99.67. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.79 and a quick ratio of 0.47.

Institutional Trading of Nestle

Several institutional investors have recently added to or reduced their stakes in the business. Opal Capital LLC bought a new position in Nestle in the first quarter worth about $3,398,000. Somerville Kurt F acquired a new stake in Nestle in the second quarter worth $2,071,000. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Nestle during the first quarter valued at $662,000. North Star Asset Management Inc. bought a new position in shares of Nestle during the second quarter worth about $775,000. Finally, Elefante Mark B acquired a new stake in shares of Nestle in the 2nd quarter worth about $825,000. Institutional investors own 0.61% of the company’s stock.

About Nestle

Nestlé SA is a Switzerland-based food and beverage company whose products are sold internationally through retail, foodservice and other distribution channels. Its portfolio spans coffee, pet care, nutrition and health science, confectionery, dairy products, ice cream, prepared foods and bottled water.

Well-known brands associated with Nestlé include Nescafé, Nespresso, KitKat, Purina, Gerber, Maggi and Nestea, although brand availability varies by market. The company also develops specialized nutrition products for infants, medical settings and other health-related applications.

Nestlé traces its history to 1866, when the Anglo-Swiss Condensed Milk Company was established, and to Henri Nestlé’s development of an infant-food product in 1867.