Hugo Boss (OTCMKTS:BOSSY) Rating Increased to Hold at Citigroup

Hugo Boss (OTCMKTS:BOSSY) was upgraded by stock analysts at Citigroup to a “hold” rating in a report released on Wednesday, Zacks.com reports.

Separately, Stifel Nicolaus downgraded shares of Hugo Boss from a “buy” rating to a “hold” rating in a report on Monday, July 29th.

Hugo Boss Stock Performance

Shares of BOSSY stock opened at $8.90 on Wednesday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.62 and a current ratio of 1.62. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 10.85 and a beta of 1.19. Hugo Boss has a 52 week low of $7.47 and a 52 week high of $15.36. The firm’s 50-day simple moving average is $8.38 and its two-hundred day simple moving average is $9.55.

Hugo Boss (OTCMKTS:BOSSY) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.12 EPS for the quarter. The business had revenue of $1.09 billion for the quarter. Hugo Boss had a return on equity of 17.07% and a net margin of 5.27%. As a group, equities analysts forecast that Hugo Boss will post 0.68 earnings per share for the current year.

About Hugo Boss

Hugo Boss AG, together with its subsidiaries, provides apparels, shoes, and accessories for men and women worldwide. It also offers licensed products comprising of fragrances, eyewear, watches, children’s fashion, equestrian, and cycling. The company markets and sells its products under the BOSS and HUGO brand names through freestanding stores, shop-in-shops, factory outlets, multi-brand stores, and franchise business, as well as online retailers, distribution, and stores.