Hennes & Mauritz AB (OTCMKTS:HNNMY) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• Hennes & Mauritz AB (OTCMKTS:HNNMY) has received a consensus recommendation of "Hold" from seven brokerages, including one sell, five hold, and one strong buy rating.
• The company's stock has seen a 1.8% decline recently, opening at $3.08, with a market capitalization of $21.72 billion.
• Hennes & Mauritz reported quarterly earnings matching expectations, with an EPS of $0.05 and revenues of $5.75 billion.

Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) has received an average rating of "Hold" from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. One 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 issued reports on HNNMY shares. Berenberg Bank raised shares of Hennes & Mauritz to a "strong-buy" rating in a research note on Friday, August 1st. 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, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Hennes & Mauritz in a research note on Wednesday, September 3rd.

Hennes & Mauritz Trading Up 2.1%

Shares of OTCMKTS HNNMY traded up $0.07 during mid-day trading on Friday, hitting $3.15. The company's stock had a trading volume of 55,614 shares, compared to its average volume of 76,833. The stock has a market cap of $22.17 billion, a price-to-earnings ratio of 24.19 and a beta of 1.25. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.00 and a quick ratio of 0.46. Hennes & Mauritz has a one year low of $2.37 and a one year high of $3.59. The company's fifty day simple moving average is $2.89 and its 200-day simple moving average is $2.80.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last issued its earnings results on Wednesday, June 25th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $5.75 billion for the quarter, compared to analyst estimates of $58.11 billion. Hennes & Mauritz had a net margin of 4.35% and a return on equity of 23.48%. On average, sell-side 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.