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

Hennes & Mauritz AB (OTCMKTS:HNNMY) has been assigned an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating and one has given a strong buy rating to the company.

A number of equities research analysts have issued reports on HNNMY shares. Oddo Bhf upgraded shares of Hennes & Mauritz to a “neutral” rating in a report on Thursday, December 18th. Citigroup raised Hennes & Mauritz from a “sell” rating to a “hold” rating in a research report on Thursday, December 11th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Hennes & Mauritz in a research note on Friday, January 30th.

Hennes & Mauritz Trading Up 0.7%

Shares of HNNMY stock opened at $4.18 on Tuesday. Hennes & Mauritz has a 12 month low of $2.37 and a 12 month high of $4.21. The company has a market cap of $29.47 billion, a PE ratio of 26.13 and a beta of 1.21. The company has a quick ratio of 0.46, a current ratio of 1.18 and a debt-to-equity ratio of 1.47. The business’s 50 day moving average is $3.92 and its two-hundred day moving average is $3.55.

Hennes & Mauritz (OTCMKTS:HNNMY) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. Hennes & Mauritz had a net margin of 5.46% and a return on equity of 30.80%. The business had revenue of $6.30 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Equities analysts predict that Hennes & Mauritz will post 0.15 EPS for the current year.

Hennes & Mauritz Company Profile

Hennes & Mauritz AB, commonly known as H&M, is a Swedish multinational fashion retailer that designs, sources and sells ready-to-wear clothing, accessories and home textiles. The company traces its roots to 1947, when Erling Persson opened a women’s clothing store called Hennes (“hers”) in Västerås, Sweden; the business expanded into menswear after the acquisition of a Stockholm-based retailer, Mauritz Widforss, in the late 1960s, which led to the Hennes & Mauritz name. Today the company is headquartered in Stockholm and operates a global retail business built around multiple branded concepts.

H&M’s core activities include product design, sourcing and retailing of fashion for women, men, teenagers and children, as well as home goods under its H&M Home line.