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

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY) have earned an average recommendation of “Hold” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a strong buy rating to the company.

A number of research analysts recently issued reports on the company. Barclays downgraded Hennes & Mauritz from a “hold” rating to a “strong sell” rating in a research note on Friday, February 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Hennes & Mauritz in a research report on Friday, January 30th. Dnb Carnegie downgraded shares of Hennes & Mauritz from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Citigroup restated a “neutral” rating on shares of Hennes & Mauritz in a research note on Wednesday, February 25th. Finally, Oddo Bhf raised shares of Hennes & Mauritz to a “neutral” rating in a report on Thursday, December 18th.

Hennes & Mauritz Trading Up 0.4%

OTCMKTS:HNNMY opened at $3.87 on Friday. Hennes & Mauritz has a one year low of $2.37 and a one year high of $4.25. The business has a fifty day moving average price of $3.98 and a 200-day moving average price of $3.70. The firm has a market capitalization of $27.29 billion, a price-to-earnings ratio of 24.19 and a beta of 1.19. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.18 and a quick ratio of 0.60.

Hennes & Mauritz (OTCMKTS:HNNMY) last released its earnings results on Thursday, January 29th. The company reported $0.06 earnings per share for the quarter, meeting the consensus estimate of $0.06. The company had revenue of $6.30 billion for the quarter, compared to the consensus estimate of $6.35 billion. Hennes & Mauritz had a return on equity of 30.80% and a net margin of 5.46%. Sell-side analysts forecast 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.