Hennes & Mauritz AB (OTCMKTS:HNNMY) Given Average Recommendation of “Hold” by Analysts

Hennes & Mauritz AB (OTCMKTS:HNNMY) has been given an average rating of “Hold” by the seven research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has given a strong buy recommendation to the company.

A number of equities research analysts have weighed in on the stock. Oddo Bhf raised shares of Hennes & Mauritz to a “neutral” rating in a report on Thursday, December 18th. Citigroup upgraded shares of Hennes & Mauritz from a “sell” rating to a “hold” rating in a report on Thursday, December 11th. Barclays downgraded Hennes & Mauritz from a “hold” rating to a “strong sell” rating in a report on Friday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hennes & Mauritz in a research report on Friday, January 30th.

Hennes & Mauritz Price Performance

Hennes & Mauritz stock opened at $4.12 on Tuesday. The stock has a 50-day moving average price of $3.93 and a two-hundred day moving average price of $3.56. Hennes & Mauritz has a 12 month low of $2.37 and a 12 month high of $4.21. The company has a market capitalization of $29.05 billion, a PE ratio of 25.75 and a beta of 1.21. The company has a current ratio of 1.18, a quick ratio of 0.46 and a debt-to-equity ratio of 1.47.

Hennes & Mauritz (OTCMKTS:HNNMY) last released its quarterly earnings results on Thursday, January 29th. The company reported $0.06 earnings per share for the quarter, hitting the consensus estimate of $0.06. The company had revenue of $6.30 billion for the quarter, compared to analysts’ expectations of $6.35 billion. Hennes & Mauritz had a return on equity of 30.80% and a net margin of 5.46%. Analysts expect that Hennes & Mauritz will post 0.15 EPS for the current year.

Hennes & Mauritz Company Profile

Hennes & Mauritz AB, commonly known as H&M, is a Swedish multinational fashion retailer that designs, sources and sells ready-to-wear clothing, accessories and home textiles. The company traces its roots to 1947, when Erling Persson opened a women’s clothing store called Hennes (“hers”) in Västerås, Sweden; the business expanded into menswear after the acquisition of a Stockholm-based retailer, Mauritz Widforss, in the late 1960s, which led to the Hennes & Mauritz name. Today the company is headquartered in Stockholm and operates a global retail business built around multiple branded concepts.

H&M’s core activities include product design, sourcing and retailing of fashion for women, men, teenagers and children, as well as home goods under its H&M Home line.