H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Lowered to “Hold” Rating by Barclays

Barclays lowered shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) from a strong-buy rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Several other brokerages also recently commented on HNNMY. Redburn Atlantic downgraded H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 31st. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

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

OTCMKTS HNNMY opened at $2.63 on Tuesday. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69. The stock’s 50-day moving average is $2.65 and its two-hundred day moving average is $2.91. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.14 and a quick ratio of 0.55. The firm has a market cap of $18.59 billion, a P/E ratio of 18.75 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings data on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. On average, analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current fiscal year.

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.