According to Zacks, “H & M Hennes & Mauritz AB offers fashion products with a broad and varied selection for women, men, teens and children through retail outlets mainly in Europe. The Company also sells its products via catalogues and the Internet. The women’s collection includes basics to tailored classics, sportswear, maternity clothes, accessories and shoes. The men’s collections include tailored pieces, modern basics, leisurewear accessories, underwear and shoes. The jeans & denim includes traditional five-pocket jeans, trendy fashion jeans and denim models in organic cotton. H&M’s cosmetics department provides a wide range of makeup, skin care and body care products. H & M Hennes & Mauritz AB is a subsidiary of Ramsbury Invest AB and is headquartered in Stockholm, Sweden. “
A number of other analysts also recently weighed in on HNNMY. Morgan Stanley downgraded shares of H & M Hennes & Mauritz AB (publ) from an equal weight rating to an underweight rating in a research report on Wednesday, October 20th. The Goldman Sachs Group downgraded shares of H & M Hennes & Mauritz AB (publ) from a neutral rating to a sell rating in a research report on Sunday, November 7th. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Thursday, August 26th. Deutsche Bank Aktiengesellschaft reaffirmed a sell rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Wednesday, October 6th. Finally, Credit Suisse Group reaffirmed an underperform rating on shares of H & M Hennes & Mauritz AB (publ) in a research report on Friday, October 1st. Four investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of Hold and a consensus target price of $4.50.
Shares of OTCMKTS HNNMY opened at $3.62 on Tuesday. The company has a 50 day simple moving average of $3.79 and a 200 day simple moving average of $4.21. The firm has a market cap of $26.44 billion, a PE ratio of 30.17 and a beta of 1.28. H & M Hennes & Mauritz AB has a 1 year low of $3.43 and a 1 year high of $5.22. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.27 and a quick ratio of 0.64.
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its quarterly earnings data on Thursday, September 30th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $6.49 billion during the quarter, compared to analyst estimates of $6.72 billion. H & M Hennes & Mauritz AB (publ) had a net margin of 4.52% and a return on equity of 16.45%. As a group, research analysts anticipate that H & M Hennes & Mauritz AB will post 0.14 earnings per share for the current fiscal year.
About H & M Hennes & Mauritz AB (publ)
Hennes & Mauritz AB engages in the sale of clothing, accessories, footwear, cosmetics, and home textiles. The company offers accessories, underwear, cosmetics, sportswear, and other apparels for men, women, and kids. Its geographical segments include Asia & Oceania, Europe & Africa, and North & South America.
Further Reading: The role of implied volatility with call option volume
For more information about research offerings from Zacks Investment Research, visit Zacks.com