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

Hennes & Mauritz AB (OTCMKTS:HNNMY) has earned a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts recently issued reports on HNNMY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hennes & Mauritz in a research report on Wednesday, September 3rd. Citigroup reiterated a “sell” rating on shares of Hennes & Mauritz in a report on Friday, September 26th. Zacks Research upgraded Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a report on Thursday, August 14th. Finally, Berenberg Bank upgraded Hennes & Mauritz to a “strong-buy” rating in a report on Friday, August 1st.

Hennes & Mauritz Price Performance

HNNMY stock opened at $3.67 on Wednesday. Hennes & Mauritz has a 52-week low of $2.37 and a 52-week high of $3.79. The stock’s fifty day simple moving average is $3.10 and its 200-day simple moving average is $2.89. The company has a quick ratio of 0.46, a current ratio of 1.00 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $25.88 billion, a price-to-earnings ratio of 26.21 and a beta of 1.35.

Hennes & Mauritz (OTCMKTS:HNNMY) last issued its quarterly earnings results on Thursday, September 25th. The company reported $0.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.01. Hennes & Mauritz had a return on equity of 26.34% and a net margin of 4.80%.The firm had revenue of $5.96 billion for the quarter, compared to analyst estimates of $56.77 billion. Equities research analysts expect that Hennes & Mauritz will post 0.15 EPS for the current year.

Hennes & Mauritz 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.