Hennes & Mauritz AB (OTCMKTS:HNNMY – Get Free Report) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 67,975 shares, a decline of 48.5% from the September 30th total of 131,894 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 832,359 shares, the days-to-cover ratio is presently 0.1 days.
Analyst Upgrades and Downgrades
HNNMY has been the topic of a number of research analyst reports. Zacks Research upgraded Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Citigroup reiterated a “neutral” rating on shares of Hennes & Mauritz in a report on Tuesday, August 18th. Four equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce”.
Read Our Latest Stock Analysis on HNNMY
Hennes & Mauritz Stock Up 0.3%
Shares of HNNMY traded up $0.01 during mid-day trading on Friday, reaching $3.55. The company had a trading volume of 47,066 shares, compared to its average volume of 326,134. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.59 and a current ratio of 1.13. The firm has a 50-day moving average price of $3.40 and a 200 day moving average price of $3.60. Hennes & Mauritz has a 52 week low of $3.07 and a 52 week high of $4.25. The company has a market capitalization of $24.92 billion, a price-to-earnings ratio of 20.88 and a beta of 1.17.
Hennes & Mauritz (OTCMKTS:HNNMY – Get Free Report) last posted its quarterly earnings data on Wednesday, September 23rd. The company reported $0.05 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.05. The company had revenue of $5.98 billion during the quarter, compared to analyst estimates of $5.84 billion. Hennes & Mauritz had a return on equity of 33.70% and a net margin of 5.94%. On average, sell-side analysts forecast that Hennes & Mauritz will post 0.17 EPS for the current year.
Hennes & Mauritz Company Profile
Hennes & Mauritz AB, commonly known as H&M Group, is a Swedish fashion and retail company that designs, sources and sells clothing, accessories, footwear, beauty products and home furnishings. Its brands serve a broad range of customers through physical stores, digital platforms and e-commerce channels.
The company’s portfolio includes H&M, COS, Weekday, & Other Stories, ARKET and other fashion and lifestyle concepts. H&M is known for offering trend-focused apparel and accessories, while the group’s other brands generally target distinct segments ranging from contemporary and premium fashion to home goods and resale.
H&M was founded in 1947 by Erling Persson in Västerås, Sweden, originally under the name Hennes.
Further Reading
- Five stocks we like better than Hennes & Mauritz
- Marvell Eyes a Swing for the AI Networking Fences as Markets Weigh Lumentum Price Tag
- Exxon’s Refining Profits Soared—Did Chevron Get the Same Windfall?
- Eli Lilly’s First Full Medicare Quarter: Is Volume Still Outrunning Price Cuts?
- Oracle’s AI Spending Peak Is in Sight—Can the Stock Recover?
Receive News & Ratings for Hennes & Mauritz Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hennes & Mauritz and related companies with MarketBeat.com's FREE daily email newsletter.
