H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Downgraded to Hold Rating by Barclays

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the company. Redburn Atlantic cut H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

H & M Hennes & Mauritz AB (publ) Price Performance

Shares of HNNMY opened at $2.63 on Tuesday. H & M Hennes & Mauritz AB has a 12 month low of $2.46 and a 12 month high of $3.69. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.14 and a quick ratio of 0.55. The stock has a fifty day moving average price of $2.65 and a 200 day moving average price of $2.91. The company has a market cap of $18.59 billion, a P/E ratio of 18.75 and a beta of 1.43.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. On average, research analysts forecast that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.