H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

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

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

Shares of H & M Hennes & Mauritz AB (publ) stock traded down $0.10 during mid-day trading 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 P/E ratio of 22.09 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. The company has a 50-day simple moving average of $2.71 and a 200 day simple moving average of $2.96. H & M Hennes & Mauritz AB has a 12 month low of $2.46 and a 12 month high of $3.69.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on HNNMY. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. Redburn Atlantic downgraded 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. One investment analyst has rated the stock with a sell rating, one has given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, H & M Hennes & Mauritz AB (publ) presently has a consensus rating of “Moderate Buy”.

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.