Hennes & Mauritz AB (OTCMKTS:HNNMY) Receives Consensus Rating of “Hold” from Brokerages

Hennes & Mauritz AB (OTCMKTS:HNNMY) has been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the company.

A number of equities analysts recently issued reports on HNNMY shares. Berenberg Bank upgraded shares of Hennes & Mauritz to a “strong-buy” rating in a research note on Friday, August 1st. Citigroup reaffirmed a “sell” rating on shares of Hennes & Mauritz in a report on Friday, September 26th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hennes & Mauritz in a report on Wednesday, September 3rd. Finally, Zacks Research raised Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 14th.

Hennes & Mauritz Price Performance

HNNMY stock opened at $3.63 on Thursday. Hennes & Mauritz has a 12-month low of $2.37 and a 12-month high of $3.95. The stock has a market capitalization of $25.58 billion, a price-to-earnings ratio of 25.91 and a beta of 1.34. The company has a current ratio of 1.00, a quick ratio of 0.46 and a debt-to-equity ratio of 1.16. The firm’s 50-day moving average price is $3.63 and its two-hundred day moving average price is $3.13.

Hennes & Mauritz (OTCMKTS:HNNMY) last issued its quarterly earnings data on Thursday, September 25th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. Hennes & Mauritz had a net margin of 4.80% and a return on equity of 26.34%. The business had revenue of $5.96 billion during the quarter, compared to analyst estimates of $56.77 billion. As a group, equities analysts predict that Hennes & Mauritz will post 0.15 earnings per share for the current year.

Hennes & Mauritz 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.