Hennes & Mauritz AB (HNNMY) – What Are Researchers Thinking About This Stock?

Shares of Hennes & Mauritz AB (OTCMKTS:HNNMY – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the seven research firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

HNNMY has been the topic of several recent research reports. Zacks Research upgraded Hennes & Mauritz from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. Citigroup reissued a “neutral” rating on shares of Hennes & Mauritz in a research report on Tuesday, August 18th.

Read Our Latest Report on HNNMY

Hennes & Mauritz Stock Up 4.2%

Hennes & Mauritz stock opened at $3.68 on Thursday. The company has a market capitalization of $25.84 billion, a P/E ratio of 21.65 and a beta of 1.20. The firm’s fifty day simple moving average is $3.39 and its 200-day simple moving average is $3.59. The company has a current ratio of 1.13, a quick ratio of 0.59 and a debt-to-equity ratio of 1.16. Hennes & Mauritz has a 1-year low of $3.07 and a 1-year high of $4.25.

Hennes & Mauritz (OTCMKTS:HNNMY – Get Free Report) last released its quarterly earnings data on Wednesday, September 23rd. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The business had revenue of $5.98 billion during the quarter, compared to analyst estimates of $5.84 billion. Hennes & Mauritz had a net margin of 5.94% and a return on equity of 33.70%. Sell-side analysts forecast that Hennes & Mauritz will post 0.17 earnings per share for the current fiscal year.

Hennes & Mauritz Company Profile

(Get Free Report)

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.

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