Hennes & Mauritz AB (HNNMY) - What Are Researchers Thinking About This Stock?

Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) has been given an average recommendation of "Reduce" by the seven analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

HNNMY has been the topic of a number of recent analyst reports. Citigroup reaffirmed a "neutral" rating on shares of Hennes & Mauritz in a research report on Tuesday, August 18th. Zacks Research raised Hennes & Mauritz from a "strong sell" rating to a "hold" rating in a research report on Friday, August 14th.

Hennes & Mauritz Price Performance

Shares of Hennes & Mauritz stock opened at $3.50 on Thursday. The company has a quick ratio of 0.59, a current ratio of 1.13 and a debt-to-equity ratio of 1.16. The company has a market cap of $24.58 billion, a P/E ratio of 20.59 and a beta of 1.17. The firm's 50 day moving average price is $3.41 and its 200-day moving average price is $3.60. Hennes & Mauritz has a 52-week low of $3.07 and a 52-week high of $4.25.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last posted its earnings results on Wednesday, September 23rd. The company reported $0.05 EPS for the quarter, meeting analysts' consensus estimates of $0.05. The company had revenue of $5.98 billion during the quarter, compared to analysts' expectations of $5.84 billion. Hennes & Mauritz had a net margin of 5.94% and a return on equity of 33.70%. On average, sell-side analysts predict that Hennes & Mauritz will post 0.17 EPS for the current fiscal year.

About Hennes & Mauritz

Hennes & Mauritz AB, commonly known as H&M Group, is a Swedish fashion and retail company that designs, sources and sells clothing, accessories, footwear, beauty products and home furnishings. Its brands serve a broad range of customers through physical stores, digital platforms and e-commerce channels.

The company's portfolio includes H&M, COS, Weekday, & Other Stories, ARKET and other fashion and lifestyle concepts. H&M is known for offering trend-focused apparel and accessories, while the group's other brands generally target distinct segments ranging from contemporary and premium fashion to home goods and resale.

H&M was founded in 1947 by Erling Persson in Västerås, Sweden, originally under the name Hennes.

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