Tesco PLC (OTCMKTS:TSCDY – Free Report) – Investment analysts at Erste Group Bank dropped their FY2027 EPS estimates for Tesco in a research note issued to investors on Tuesday, September 8th. Erste Group Bank analyst H. Engel now expects that the company will post earnings per share of $1.25 for the year, down from their previous estimate of $1.26. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Tesco’s current full-year earnings is $1.26 per share.
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Tesco in a report on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
Tesco Trading Down 0.3%
Shares of TSCDY stock opened at $19.50 on Monday. Tesco has a fifty-two week low of $16.65 and a fifty-two week high of $20.54. The company has a 50 day moving average price of $19.11 and a 200 day moving average price of $18.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.39 and a current ratio of 0.59.
Tesco Company Profile
Tesco plc is a multinational grocery and general merchandise retailer headquartered in Welwyn Garden City, England. The company operates supermarkets, convenience stores and online grocery services, offering food, household products, clothing and other everyday consumer goods.
Tesco serves customers primarily in the United Kingdom and also operates retail businesses in the Republic of Ireland, the Czech Republic, Hungary and Slovakia. Through Booker, its wholesale business, the company supplies groceries and other products to independent retailers, caterers and hospitality businesses.
The company traces its origins to 1919, when Jack Cohen began selling groceries from a market stall in London.
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