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

Key Points

• Analyst consensus: Seven brokerages give H&M an average recommendation of "Hold" (2 sell, 4 hold, 1 strong buy), with recent downgrades to "strong sell" from Barclays and DnB Carnegie.
• Recent results and valuation: Q reported EPS of $0.01 (in line) and revenue $5.43B (below $5.63B expected); H&M has a market cap of $26.09B, a P/E of 23.13, ROE 31.74% and the stock trades around $3.70 (12‑month range $2.37–$4.25).

Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) has earned an average recommendation of "Hold" from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating on the company.

Several research firms have weighed in on HNNMY. Citigroup reiterated a "neutral" rating on shares of Hennes & Mauritz in a research report on Wednesday, February 25th. Oddo Bhf upgraded shares of Hennes & Mauritz to a "neutral" rating in a research note on Thursday, December 18th. Barclays lowered shares of Hennes & Mauritz from a "hold" rating to a "strong sell" rating in a research report on Friday, February 13th. Dnb Carnegie downgraded shares of Hennes & Mauritz from a "hold" rating to a "strong sell" rating in a report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft restated 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 $3.70 on Wednesday. Hennes & Mauritz has a 12 month low of $2.37 and a 12 month high of $4.25. The stock's 50 day moving average is $3.92 and its 200-day moving average is $3.78. The company has a current ratio of 1.18, a quick ratio of 0.60 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $26.09 billion, a price-to-earnings ratio of 23.13 and a beta of 1.19.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings results on Thursday, March 26th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The business had revenue of $5.43 billion during the quarter, compared to analysts' expectations of $5.63 billion. Hennes & Mauritz had a return on equity of 31.74% and a net margin of 5.48%. Equities research 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.

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