Nestle SA (OTCMKTS:NSRGY - Free Report) - Research analysts at Erste Group Bank issued their FY2027 EPS estimates for shares of Nestle in a research note issued to investors 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 research analysts have also issued research reports about the stock. Jefferies Financial Group restated a "hold" rating on shares of Nestle in a report on Monday, February 23rd. Morgan Stanley reaffirmed an "underweight" rating on shares of Nestle in a research report on Thursday, February 12th. One equities research 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 a consensus price target of $91.00.
View Our Latest Analysis on Nestle
Nestle Price Performance
Shares of NSRGY opened at $104.04 on Monday. The stock's 50-day moving average price is $99.26 and its two-hundred day moving average price is $97.34. 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 12 month low of $86.98 and a 12 month high of $109.59.
Hedge Funds Weigh In On Nestle
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Accent Capital Management LLC increased its position in Nestle by 4.6% in the 3rd quarter. Accent Capital Management LLC now owns 2,345 shares of the company's stock valued at $215,000 after buying an additional 104 shares in the last quarter. Lummis Asset Management LP grew its stake in Nestle by 6.9% in the fourth quarter. Lummis Asset Management LP now owns 1,781 shares of the company's stock valued at $177,000 after acquiring an additional 115 shares during the period. Madison Asset Management LLC increased its holdings in shares of Nestle by 3.5% during the third quarter. Madison Asset Management LLC now owns 4,033 shares of the company's stock valued at $370,000 after acquiring an additional 137 shares in the last quarter. Weik Capital Management increased its holdings in shares of Nestle by 0.3% during the second quarter. Weik Capital Management now owns 51,889 shares of the company's stock valued at $5,154,000 after acquiring an additional 160 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of Nestle by 37.4% during the second quarter. First Horizon Advisors Inc. now owns 613 shares of the company's stock worth $61,000 after purchasing an additional 167 shares during the period. Institutional investors own 0.61% of the company's stock.
About Nestle
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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.
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