Erste Group Bank Comments on OTCMKTS:CFRUY FY2027 Earnings

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) – Investment analysts at Erste Group Bank lowered their FY2027 EPS estimates for shares of Compagnie Financiere Richemont in a research note issued on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $0.88 per share for the year, down from their previous forecast of $0.88. The consensus estimate for Compagnie Financiere Richemont’s current full-year earnings is $0.84 per share. Erste Group Bank also issued estimates for Compagnie Financiere Richemont’s FY2028 earnings at $0.99 EPS.

Compagnie Financiere Richemont Stock Performance

CFRUY stock opened at $21.18 on Monday. Compagnie Financiere Richemont has a one year low of $16.26 and a one year high of $24.86. The firm’s 50 day moving average price is $23.32 and its 200-day moving average price is $21.08. The company has a quick ratio of 2.06, a current ratio of 3.10 and a debt-to-equity ratio of 0.19.

Hedge Funds Weigh In On Compagnie Financiere Richemont

A hedge fund recently bought a new position in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC purchased a new position in shares of Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 501,500 shares of the company’s stock, valued at approximately $11,598,000.

About Compagnie Financiere Richemont

Compagnie Financière Richemont SA is a Switzerland-based luxury goods company with a portfolio spanning jewelry, watches, fashion, accessories and writing instruments. The group operates through a collection of internationally recognized Maisons, including Cartier, Van Cleef & Arpels, Buccellati, Montblanc, Chloé, Alaïa, Delvaux and Dunhill.

Richemont’s specialist watchmakers include A. Lange & Söhne, Baume & Mercier, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, Piaget, Roger Dubuis and Vacheron Constantin.