OTCMKTS:CFRUY FY2027 EPS Lowered by Erste Group Bank

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) – Research analysts at Erste Group Bank lowered their FY2027 EPS estimates for shares of Compagnie Financiere Richemont in a report released on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $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 Down 2.4%

OTCMKTS CFRUY opened at $20.68 on Monday. The company has a current ratio of 3.10, a quick ratio of 2.06 and a debt-to-equity ratio of 0.19. The company’s 50 day simple moving average is $23.27 and its 200 day simple moving average is $21.08. Compagnie Financiere Richemont has a 12 month low of $16.26 and a 12 month high of $24.86.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Compagnie Financiere Richemont stock. Azimuth Capital Investment Management LLC purchased a new stake in Compagnie Financiere Richemont AG (OTCMKTS:CFRUY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). 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.