H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Receives Average Recommendation of “Hold” from Brokerages

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) has received a consensus rating of “Hold” from the five research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company.

HNNMY has been the subject of a number of research analyst reports. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Barclays downgraded H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Hsbc Global Res downgraded H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a report on Wednesday.

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

Shares of HNNMY opened at $2.85 on Friday. The stock has a 50 day moving average price of $2.65 and a 200 day moving average price of $2.90. 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 company has a market capitalization of $20.18 billion, a price-to-earnings ratio of 20.36 and a beta of 1.43. H & M Hennes & Mauritz AB has a 52-week low of $2.46 and a 52-week high of $3.69.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. Research analysts predict that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal 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.