Free Trial

Hugo Boss (OTCMKTS:BOSSY) Shares Gap Up - Still a Buy?

Hugo Boss logo with Consumer Discretionary background

Hugo Boss (OTCMKTS:BOSSY - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $9.63, but opened at $10.00. Hugo Boss shares last traded at $10.00, with a volume of 115 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group lowered Hugo Boss from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 14th.

Check Out Our Latest Stock Analysis on BOSSY

Hugo Boss Stock Up 3.8%

The stock has a market cap of $3.45 billion, a P/E ratio of 15.15 and a beta of 0.82. The business has a 50 day moving average price of $9.05 and a two-hundred day moving average price of $8.80.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.07 by $0.04. Hugo Boss had a return on equity of 15.08% and a net margin of 4.91%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.01 billion. On average, research analysts forecast that Hugo Boss will post 0.63 earnings per share for the current year.

Hugo Boss Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 20th were paid a dividend of $0.2129 per share. The ex-dividend date of this dividend was Monday, May 19th. This is a positive change from Hugo Boss's previous dividend of $0.19. This represents a yield of 2.33%. Hugo Boss's dividend payout ratio is presently 31.82%.

Hugo Boss Company Profile

(Get Free Report)

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children's fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.

See Also

Should You Invest $1,000 in Hugo Boss Right Now?

Before you consider Hugo Boss, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hugo Boss wasn't on the list.

While Hugo Boss currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth
5 Stocks to BUY NOW in July 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines