Hennes & Mauritz (OTCMKTS:HNNMY) Announces Earnings Results

Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) released its earnings results on Wednesday. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05, Zacks reports. Hennes & Mauritz had a net margin of 4.68% and a return on equity of 24.84%.

Hennes & Mauritz Price Performance

HNNMY stock opened at $2.77 on Friday. The stock has a market cap of $19.54 billion, a price-to-earnings ratio of 19.80 and a beta of 1.25. The company has a 50 day simple moving average of $2.82 and a 200 day simple moving average of $2.72. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.15 and a quick ratio of 0.51. Hennes & Mauritz has a 1 year low of $2.37 and a 1 year high of $3.59.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res cut Hennes & Mauritz from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold".

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.

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.