H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Consensus Rating of "Hold" from Brokerages

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) has earned an average rating of "Hold" from the six ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company.

HNNMY has been the subject of several recent research reports. Hsbc Global Res cut H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Barclays cut H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 25th.

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

Shares of HNNMY traded up $0.01 during midday trading on Friday, reaching $2.90. 80,142 shares of the stock were exchanged, compared to its average volume of 111,268. The stock's 50 day simple moving average is $2.70 and its 200 day simple moving average is $2.75. The company has a market cap of $20.53 billion, a P/E ratio of 20.71 and a beta of 1.25. H & M Hennes & Mauritz AB has a twelve month low of $2.37 and a twelve month high of $3.69. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. The business had revenue of $5.04 billion during the quarter, compared to analysts' expectations of $56.15 billion. On average, sell-side analysts expect that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

About H & M Hennes & Mauritz AB (publ)

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.