Hugo Boss (OTCMKTS:BOSSY) Issues Earnings Results

Hugo Boss (OTCMKTS:BOSSY) released its quarterly earnings data on Tuesday. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.34), Zacks reports. Hugo Boss had a net margin of 5.56% and a return on equity of 15.66%.

Hugo Boss Trading Up 3.4%

Shares of BOSSY stock opened at $8.79 on Tuesday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.64 and a current ratio of 1.56. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 11.27 and a beta of 0.54. Hugo Boss has a 52-week low of $8.00 and a 52-week high of $10.08. The company has a 50-day simple moving average of $8.59 and a two-hundred day simple moving average of $8.58.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Citigroup reiterated a “neutral” rating on shares of Hugo Boss in a report on Monday, May 11th. DZ Bank downgraded shares of Hugo Boss from a “strong-buy” rating to a “hold” rating in a report on Friday, June 12th. Four analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Hugo Boss has an average rating of “Hold”.

Hugo Boss Company Profile

Hugo Boss AG is a German luxury fashion group that designs, produces and distributes a broad range of apparel, accessories and footwear under its two core brands, BOSS and HUGO. The company’s product portfolio spans men’s and women’s business wear, casual collections and athleisure, as well as fragrances, eyewear and leather goods. Hugo Boss operates through a multi-channel network that includes directly operated retail stores, e-commerce platforms and wholesale partnerships with department stores and specialty retailers.

Founded in 1924 by Hugo Ferdinand Boss and headquartered in Metzingen, Germany, the company originally produced workwear and uniforms before pivoting to high-end fashion in the latter half of the 20th century.