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

Key Points

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Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) has been given a consensus rating of "Hold" by the six research firms that are currently covering the company, Marketbeat Ratings 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.

A number of analysts have recently issued reports on HNNMY shares. Zacks Research upgraded Hennes & Mauritz from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. Berenberg Bank upgraded Hennes & Mauritz to a "strong-buy" rating in a report on Friday, August 1st.

Hennes & Mauritz Trading Up 3.4%

HNNMY traded up $0.10 during midday trading on Tuesday, hitting $3.02. The company's stock had a trading volume of 53,485 shares, compared to its average volume of 122,231. 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 firm has a market cap of $21.29 billion, a P/E ratio of 23.23 and a beta of 1.22. The firm has a 50-day moving average price of $2.80 and a two-hundred day moving average price of $2.76. Hennes & Mauritz has a 52-week low of $2.37 and a 52-week high of $3.59.

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $5.75 billion during the quarter, compared to analysts' expectations of $58.11 billion. Hennes & Mauritz had a return on equity of 23.48% and a net margin of 4.35%. On average, research analysts anticipate that Hennes & Mauritz will post 0.15 earnings per share for the current 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.