H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Given Average Recommendation of “Hold” by Brokerages

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) have received an average rating of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company.

Several research firms have issued reports on HNNMY. Hsbc Global Res cut shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Barclays lowered 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) Trading Down 1.6 %

Shares of HNNMY stock opened at $2.40 on Wednesday. The company has a market cap of $16.99 billion, a PE ratio of 17.14 and a beta of 1.25. H & M Hennes & Mauritz AB has a 1 year low of $2.37 and a 1 year high of $3.69. The stock’s 50 day simple moving average is $2.65 and its two-hundred day simple moving average is $2.81. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.14 and a quick ratio of 0.55.

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