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

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY) have been assigned a consensus rating of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a strong buy rating on the company.

Several research analysts have recently commented on the stock. Berenberg Bank raised shares of Hennes & Mauritz to a “strong-buy” rating in a report on Friday, August 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hennes & Mauritz in a research note on Wednesday, September 3rd. Zacks Research raised shares of Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 14th. Finally, Citigroup reissued a “sell” rating on shares of Hennes & Mauritz in a research note on Friday, September 26th.

Hennes & Mauritz Price Performance

Shares of HNNMY stock opened at $3.58 on Friday. The firm has a market cap of $25.23 billion, a P/E ratio of 25.56 and a beta of 1.35. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.00 and a quick ratio of 0.46. Hennes & Mauritz has a 1-year low of $2.37 and a 1-year high of $3.83. The firm has a fifty day moving average of $3.44 and a two-hundred day moving average of $3.04.

Hennes & Mauritz (OTCMKTS:HNNMY) last issued its earnings results on Thursday, September 25th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. The company had revenue of $5.96 billion during the quarter, compared to analyst estimates of $56.77 billion. Hennes & Mauritz had a return on equity of 26.34% and a net margin of 4.80%. As a group, research analysts anticipate that Hennes & Mauritz will post 0.15 earnings per share for the current fiscal year.

About Hennes & Mauritz

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.