Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Free Report) from a moderate buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.
HNNMY has been the topic of a number of other reports. Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. Barclays raised H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on HNNMY
H & M Hennes & Mauritz AB (publ) Stock Down 0.4 %
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last released its quarterly earnings results on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $5.61 billion for the quarter, compared to analyst estimates of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. Sell-side analysts predict that H & M Hennes & Mauritz AB will post 0.15 EPS for the current year.
H & M Hennes & Mauritz AB (publ) Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 8th were issued a dividend of $0.0625 per share. The ex-dividend date of this dividend was Friday, November 8th. This is a boost from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)’s payout ratio is 58.34%.
H & M Hennes & Mauritz AB (publ) 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.
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