Hugo Boss (OTCMKTS:BOSSY - Get Free Report)'s share price gapped up prior to trading on Friday . The stock had previously closed at $8.71, but opened at $9.33. Hugo Boss shares last traded at $9.33, with a volume of 110 shares changing hands.
Analyst Ratings Changes
Separately, UBS Group lowered Hugo Boss from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 14th.
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Hugo Boss Stock Performance
The stock has a market capitalization of $3.22 billion, a price-to-earnings ratio of 14.13 and a beta of 0.84. The business has a fifty day simple moving average of $8.87 and a 200 day simple moving average of $8.76.
Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. The company had revenue of $1.13 billion during the quarter, compared to analysts' expectations of $1.01 billion. Hugo Boss had a net margin of 4.91% and a return on equity of 15.08%. On average, sell-side analysts forecast that Hugo Boss will post 0.63 earnings per share for the current fiscal year.
Hugo Boss Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, May 28th. Shareholders of record on Tuesday, May 20th were given a $0.2129 dividend. This is a boost from Hugo Boss's previous dividend of $0.19. This represents a yield of 2.33%. The ex-dividend date of this dividend was Monday, May 19th. Hugo Boss's dividend payout ratio is 31.82%.
Hugo Boss Company Profile
(
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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.
Further Reading
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