Hugo Boss (OTCMKTS:BOSSY) Trading Down 2.2% - What's Next?

Key Points

• Hugo Boss's stock fell by 2.2% during mid-day trading, closing at $9.44, which is a significant decline from its previous close of $9.66.
• The company reported a revenue of $1.16 billion for the last quarter, exceeding analysts' expectations of $996.28 million, while the EPS matched the consensus estimate at $0.15.
• Hugo Boss has a market capitalization of $3.26 billion and a return on equity of 15.57%, indicating strong financial performance despite the recent stock decline.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) dropped 2.2% during mid-day trading on Monday . The company traded as low as $9.44 and last traded at $9.44. Approximately 402 shares were traded during trading, a decline of 40% from the average daily volume of 671 shares. The stock had previously closed at $9.66.

Hugo Boss Stock Down 2.2%

The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 13.68 and a beta of 0.90. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.58 and a current ratio of 1.54. The firm's fifty day simple moving average is $9.71 and its 200 day simple moving average is $9.06.

Hugo Boss (OTCMKTS:BOSSY - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.15 EPS for the quarter, meeting analysts' consensus estimates of $0.15. Hugo Boss had a return on equity of 15.57% and a net margin of 5.15%.The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $996.28 million. On average, sell-side analysts forecast that Hugo Boss will post 0.63 earnings per share for the current year.

Hugo Boss Company Profile

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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