OTCMKTS:HNNMY FY2024 EPS Lowered by Telsey Advisory Group

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) – Analysts at Telsey Advisory Group dropped their FY2024 EPS estimates for H & M Hennes & Mauritz AB (publ) in a research report issued on Thursday, January 23rd. Telsey Advisory Group analyst D. Telsey now expects that the company will post earnings of $0.13 per share for the year, down from their previous forecast of $0.15. The consensus estimate for H & M Hennes & Mauritz AB (publ)’s current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for H & M Hennes & Mauritz AB (publ)’s Q4 2024 earnings at $0.03 EPS and FY2025 earnings at $0.16 EPS.

A number of other brokerages have also recently weighed in on HNNMY. Royal Bank of Canada cut H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Barclays upgraded shares of H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a report on Friday, September 27th. Finally, Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

H & M Hennes & Mauritz AB (publ) Stock Performance

Shares of HNNMY opened at $2.70 on Friday. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The company has a 50-day simple moving average of $2.71 and a 200-day simple moving average of $2.98. H & M Hennes & Mauritz AB has a 52-week low of $2.46 and a 52-week high of $3.69. The company has a market capitalization of $19.15 billion, a PE ratio of 22.54 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.