Hugo Boss (OTCMKTS:BOSSY) Shares Up 7.7% – Still a Buy?

Hugo Boss (OTCMKTS:BOSSY – Get Free Report) traded up 7.7% on Friday . The stock traded as high as $9.39 and last traded at $9.39. 836 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 1,950 shares. The stock had previously closed at $8.72.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “neutral” rating on shares of Hugo Boss in a report on Monday, May 11th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

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Hugo Boss Trading Up 0.3%

The company has a current ratio of 1.56, a quick ratio of 0.64 and a debt-to-equity ratio of 0.55. The company has a fifty day simple moving average of $8.57 and a 200-day simple moving average of $8.55. The company has a market capitalization of $3.24 billion, a PE ratio of 12.04 and a beta of 0.54.

Hugo Boss (OTCMKTS:BOSSY – Get Free Report) last issued its earnings results on Tuesday, May 5th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.19). Hugo Boss had a net margin of 5.56% and a return on equity of 15.66%. The company had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.03 billion. Analysts predict that Hugo Boss will post 0.65 EPS for the current year.

About Hugo Boss

(Get Free Report)

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.

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