Shares of Hugo Boss (OTCMKTS:BOSSY - Get Free Report) were down 3.3% during trading on Friday . The company traded as low as $8.93 and last traded at $8.93. Approximately 151 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 130 shares. The stock had previously closed at $9.24.
Analysts Set New Price Targets
Separately, UBS Group downgraded shares of 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 Hugo Boss
Hugo Boss Stock Performance
The firm has a market capitalization of $3.08 billion, a P/E ratio of 13.53 and a beta of 0.84. The stock's 50 day simple moving average is $8.79 and its 200 day simple moving average is $8.74.
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, topping analysts' consensus estimates of $0.07 by $0.04. The business had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.01 billion. Hugo Boss had a net margin of 4.91% and a return on equity of 15.08%. On average, analysts anticipate that Hugo Boss will post 0.63 earnings per share for the current year.
Hugo Boss Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 20th were given a $0.2129 dividend. This represents a dividend yield of 2.33%. The ex-dividend date was Monday, May 19th. This is a boost from Hugo Boss's previous dividend of $0.19. Hugo Boss's dividend payout ratio is presently 31.82%.
About Hugo Boss
(
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.
Further Reading
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