H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Average Recommendation of “Hold” from Analysts

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) have been assigned an average recommendation 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 assigned a hold recommendation and two have given a buy recommendation to the company.

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

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

OTCMKTS HNNMY opened at $2.89 on Friday. The stock has a market cap of $20.46 billion, a price-to-earnings ratio of 20.64 and a beta of 1.25. H & M Hennes & Mauritz AB has a 12 month low of $2.37 and a 12 month high of $3.69. The company’s 50 day moving average is $2.67 and its two-hundred day moving average is $2.76. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its 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 company had revenue of $5.04 billion for the quarter, compared to analysts’ expectations of $56.15 billion. As a group, research analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

About H & M Hennes & Mauritz AB (publ)

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.