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

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) have received a consensus recommendation of "Hold" from the six research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a strong buy recommendation to the company.

HNNMY has been the subject of several recent research reports. Zacks Research upgraded shares of Hennes & Mauritz from a "strong sell" rating to a "hold" rating in a research note on Thursday, August 14th. Berenberg Bank raised shares of Hennes & Mauritz to a "strong-buy" rating in a report on Friday, August 1st.

Hennes & Mauritz Stock Performance

OTCMKTS HNNMY opened at $2.96 on Tuesday. The company's fifty day simple moving average is $2.79 and its 200-day simple moving average is $2.76. Hennes & Mauritz has a 52 week low of $2.37 and a 52 week high of $3.59. The company has a current ratio of 1.00, a quick ratio of 0.46 and a debt-to-equity ratio of 1.22. The stock has a market cap of $20.87 billion, a P/E ratio of 22.77 and a beta of 1.22.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. Hennes & Mauritz had a net margin of 4.35% and a return on equity of 23.48%. The business had revenue of $5.75 billion for the quarter, compared to analysts' expectations of $58.11 billion. Equities research analysts predict that Hennes & Mauritz will post 0.15 EPS for the current fiscal year.

Hennes & Mauritz Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.