H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Announces Earnings Results

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) issued its earnings results on Wednesday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01, Zacks reports. H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%.

H & M Hennes & Mauritz AB (publ) Stock Performance

OTCMKTS HNNMY traded down $0.10 on Friday, hitting $2.65. 21,577 shares of the stock were exchanged, compared to its average volume of 90,720. The company has a market capitalization of $18.76 billion, a PE ratio of 22.09 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55. The business’s fifty day moving average is $2.71 and its 200 day moving average is $2.96. H & M Hennes & Mauritz AB has a 52 week low of $2.46 and a 52 week high of $3.69.

Analysts Set New Price Targets

HNNMY has been the topic of several analyst reports. Royal Bank of Canada lowered shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Redburn Atlantic lowered H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, H & M Hennes & Mauritz AB (publ) has a consensus rating of “Moderate Buy”.

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.