Hugo Boss (OTCMKTS:BOSSY) Short Interest Update

Hugo Boss (OTCMKTS:BOSSY) was the recipient of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 7,519 shares, a growth of 79.4% from the February 12th total of 4,191 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 887 shares, the short-interest ratio is presently 8.5 days. Based on an average daily trading volume, of 887 shares, the short-interest ratio is presently 8.5 days. Currently, 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on BOSSY. Kepler Capital Markets raised shares of Hugo Boss to a “hold” rating in a research report on Monday, December 8th. Royal Bank Of Canada cut shares of Hugo Boss from an “outperform” rating to a “sector perform” rating in a research note on Monday, January 26th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Hugo Boss Stock Down 1.8%

BOSSY opened at $8.29 on Friday. The stock has a market capitalization of $2.86 billion, a price-to-earnings ratio of 9.99 and a beta of 0.62. Hugo Boss has a twelve month low of $6.92 and a twelve month high of $10.21. The company has a 50-day simple moving average of $8.51 and a 200 day simple moving average of $8.93.

Hugo Boss (OTCMKTS:BOSSY) last released its earnings results on Tuesday, March 10th. The company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.32 by $0.05. The firm had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.20 billion. Hugo Boss had a net margin of 5.92% and a return on equity of 17.88%. Sell-side analysts anticipate that Hugo Boss will post 0.63 EPS for the current fiscal year.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.