H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Average Rating of “Hold” from Analysts

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

HNNMY has been the subject of several research reports. Hsbc Global Res lowered shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Barclays downgraded H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th.

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

HNNMY opened at $2.40 on Wednesday. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $16.99 billion, a P/E ratio of 17.14 and a beta of 1.25. The stock has a 50-day moving average price of $2.65 and a 200-day moving average price of $2.81. H & M Hennes & Mauritz AB has a 12-month low of $2.37 and a 12-month high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. The business had revenue of $5.04 billion for the quarter, compared to analysts’ expectations of $56.15 billion. Equities analysts predict that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

About H & M Hennes & Mauritz AB (publ)

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.