H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Given Average Rating of “Hold” by Brokerages

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) have received a consensus rating of “Hold” from the six research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company.

HNNMY has been the topic of several recent analyst reports. Barclays cut H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 25th. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th.

H & M Hennes & Mauritz AB (publ) Stock Up 2.3 %

OTCMKTS HNNMY opened at $2.66 on Wednesday. The stock has a market cap of $18.83 billion, a PE ratio of 19.00 and a beta of 1.39. The business has a 50 day moving average price of $2.67 and a two-hundred day moving average price of $2.85. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.01 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. The business had revenue of $5.04 billion during the quarter, compared to analyst estimates of $56.15 billion. As a group, sell-side analysts predict that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

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.