Hugo Boss (OTCMKTS:BOSSY - Get Free Report) shares gapped up before the market opened 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 trading hands.
Wall Street Analysts Forecast Growth
Separately, UBS Group lowered shares of Hugo Boss from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 14th.
Get Our Latest Analysis on BOSSY
Hugo Boss Stock Up 0.6%
The firm has a market cap of $3.24 billion, a price-to-earnings ratio of 14.21 and a beta of 0.83. The stock's 50-day moving average price is $8.90 and its 200 day moving average price is $8.77.
Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.04. Hugo Boss had a net margin of 4.91% and a return on equity of 15.08%. The firm had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.01 billion. On average, research analysts predict that Hugo Boss will post 0.63 EPS for the current year.
Hugo Boss Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, May 28th. Investors of record on Tuesday, May 20th were given a $0.2129 dividend. This represents a yield of 2.33%. 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. 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.
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