Hennes & Mauritz AB (OTCMKTS:HNNMY - Get Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $3.79 and last traded at $3.78, with a volume of 8406 shares trading hands. The stock had previously closed at $3.75.
Analysts Set New Price Targets
Several research analysts have weighed in on the company. Zacks Research upgraded Hennes & Mauritz from a "strong sell" rating to a "hold" rating in a report on Thursday, August 14th. Citigroup reissued a "sell" rating on shares of Hennes & Mauritz in a research note on Friday, September 26th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Hennes & Mauritz in a research note on Wednesday, September 3rd. Finally, Berenberg Bank raised shares of Hennes & Mauritz to a "strong-buy" rating in a research note on Friday, August 1st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold".
Read Our Latest Stock Report on Hennes & Mauritz
Hennes & Mauritz Trading Up 0.8%
The business's 50-day moving average is $3.29 and its two-hundred day moving average is $2.97. The company has a current ratio of 1.00, a quick ratio of 0.46 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $26.65 billion, a PE ratio of 27.00 and a beta of 1.35.
Hennes & Mauritz (OTCMKTS:HNNMY - Get Free Report) last announced its quarterly earnings results on Thursday, September 25th. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. The firm had revenue of $5.96 billion during the quarter, compared to analysts' expectations of $56.77 billion. Hennes & Mauritz had a net margin of 4.80% and a return on equity of 26.34%. On average, analysts predict that Hennes & Mauritz AB will post 0.15 earnings per share for the current year.
Hennes & Mauritz Company Profile
(
Get Free Report)
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.
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