H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Announces Earnings Results

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMYGet Free Report) posted its earnings results on Wednesday. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.03 by $0.01, Zacks reports. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%.

H & M Hennes & Mauritz AB (publ) Stock Down 3.6 %

Shares of OTCMKTS HNNMY traded down $0.10 during trading on Friday, reaching $2.65. The company had a trading volume of 21,577 shares, compared to its average volume of 90,720. The stock has a market cap of $18.76 billion, a PE ratio of 22.09 and a beta of 1.43. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The business’s 50-day moving average is $2.71 and its 200 day moving average is $2.96. H & M Hennes & Mauritz AB has a 12-month low of $2.46 and a 12-month high of $3.69.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Royal Bank of Canada downgraded shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a report on Tuesday, November 26th. Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 31st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, H & M Hennes & Mauritz AB (publ) currently has an average rating of “Moderate Buy”.

View Our Latest Stock Report on HNNMY

About H & M Hennes & Mauritz AB (publ)

(Get Free Report)

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.

See Also

Earnings History for H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY)

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