H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Issues Quarterly Earnings Results, Hits Estimates

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) announced its quarterly earnings results on Wednesday. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01, Zacks reports. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. The firm had revenue of $5.04 billion for the quarter, compared to analyst estimates of $56.15 billion.

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

Shares of HNNMY stock traded up $0.05 on Friday, hitting $2.63. The company had a trading volume of 79,054 shares, compared to its average volume of 73,342. H & M Hennes & Mauritz AB has a twelve month low of $2.46 and a twelve month high of $3.69. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. The firm has a market cap of $18.62 billion, a P/E ratio of 18.79 and a beta of 1.40. The company has a 50-day moving average price of $2.67 and a 200-day moving average price of $2.86.

Analyst Upgrades and Downgrades

A number of research firms have commented on HNNMY. Hsbc Global Res downgraded shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Barclays lowered H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

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.