FY2026 EPS Estimates for Nestle Reduced by Erste Group Bank

Key Points

• Erste Group Bank cut Nestlé’s FY2026 EPS estimate to $5.57 from $5.61, slightly below the $5.60 consensus, while forecasting FY2027 EPS of $5.93 and maintaining a “Buy” rating.
• Analyst sentiment is mixed: three analysts rate Nestlé a Buy, one a Hold and one a Sell, resulting in a consensus “Hold” rating according to MarketBeat.
• Nestlé shares opened at $94.90, below their 50-day and 200-day moving averages of $99.88 and $100.19, respectively; the stock has traded between $88.47 and $109.59 over the past year.

Nestle SA (OTCMKTS:NSRGY - Free Report) - Research analysts at Erste Group Bank decreased their FY2026 earnings per share (EPS) estimates for Nestle in a research report issued on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $5.57 for the year, down from their previous forecast of $5.61. 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 $5.93 EPS.

A number of other equities research analysts have also weighed in on the company. Jefferies Financial Group upgraded Nestle from a "hold" rating to a "buy" rating in a research report on Tuesday, July 21st. Morgan Stanley reaffirmed an "underweight" rating on shares of Nestle in a research note on Thursday, July 2nd. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold".

Nestle Stock Performance

Shares of OTCMKTS:NSRGY opened at $94.90 on Monday. The stock's 50-day moving average is $99.88 and its 200 day moving average is $100.19. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.47 and a current ratio of 0.79. Nestle has a 1 year low of $88.47 and a 1 year high of $109.59.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Sterling Capital Management LLC raised its position in shares of Nestle by 73.6% in the 1st quarter. Sterling Capital Management LLC now owns 349 shares of the company's stock worth $34,000 after acquiring an additional 148 shares in the last quarter. Sfam LLC purchased a new stake in Nestle in the fourth quarter worth $74,000. 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 worth $177,000 after purchasing an additional 115 shares during the period. Vaughan David Investments LLC IL bought a new position in Nestle in the fourth quarter worth $207,000. Finally, IHT Wealth Management LLC purchased a new position in Nestle during the second quarter valued at $213,000. Hedge funds and other 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.