Bank of America Lowers HUGO BOSS AG/S (OTCMKTS:BOSSY) to Underperform

Bank of America downgraded shares of HUGO BOSS AG/S (OTCMKTS:BOSSY) from a neutral rating to an underperform rating in a research report report published on Monday, The Fly reports.

Other equities analysts have also issued reports about the company. ValuEngine upgraded HUGO BOSS AG/S from a sell rating to a hold rating in a research report on Wednesday, April 8th. HSBC restated a hold rating on shares of HUGO BOSS AG/S in a research note on Thursday, May 7th. Citigroup restated a neutral rating on shares of HUGO BOSS AG/S in a research note on Monday, March 30th. They noted that the move was a valuation call. JPMorgan Chase & Co. reiterated a neutral rating on shares of HUGO BOSS AG/S in a research note on Wednesday, May 6th. Finally, Morgan Stanley reiterated an equal weight rating on shares of HUGO BOSS AG/S in a research note on Wednesday, June 24th. Two equities research analysts have rated the stock with a sell rating and eleven have assigned a hold rating to the stock. The company presently has an average rating of Hold.

Shares of OTCMKTS:BOSSY traded up $0.12 on Monday, reaching $6.08. 161 shares of the company’s stock were exchanged, compared to its average volume of 4,807. HUGO BOSS AG/S has a fifty-two week low of $4.10 and a fifty-two week high of $13.38. The company has a quick ratio of 0.63, a current ratio of 1.53 and a debt-to-equity ratio of 0.82. The business’s 50-day moving average is $5.87 and its two-hundred day moving average is $7.26. The firm has a market capitalization of $2.09 billion, a price-to-earnings ratio of 12.93 and a beta of 1.59.

HUGO BOSS AG/S (OTCMKTS:BOSSY) last issued its quarterly earnings data on Tuesday, May 5th. The company reported ($0.06) earnings per share (EPS) for the quarter. HUGO BOSS AG/S had a net margin of 5.35% and a return on equity of 15.28%. The company had revenue of $612.19 million for the quarter. Analysts predict that HUGO BOSS AG/S will post 0.01 earnings per share for the current fiscal year.

The firm also recently disclosed an annual dividend, which was paid on Tuesday, June 9th. Investors of record on Friday, May 29th were given a dividend of $0.006 per share. The ex-dividend date of this dividend was Thursday, May 28th. This represents a dividend yield of 0.12%. HUGO BOSS AG/S’s dividend payout ratio is currently 1.49%.

HUGO BOSS AG/S Company Profile

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes fashion and accessories for men and women worldwide. The company offers businesswear, casual outfits, athleisurewear, and eveningwear; and shoes and accessories, as well as licensed products, including fragrances, eyewear, and watches.

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Analyst Recommendations for HUGO BOSS AG/S (OTCMKTS:BOSSY)

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