H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Cut to "Hold" at Barclays

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) was downgraded by investment analysts at Barclays from a "strong-buy" rating to a "hold" rating in a research report issued on Tuesday, February 25th,Zacks.com reports.

Several other research firms also recently issued reports on HNNMY. Royal Bank of Canada downgraded H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, November 26th. Redburn Atlantic lowered H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold".

H & M Hennes & Mauritz AB (publ) Stock Performance

H & M Hennes & Mauritz AB (publ) stock traded up $0.01 during trading hours on Tuesday, hitting $2.63. The stock had a trading volume of 54,579 shares, compared to its average volume of 69,819. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69. The company has a market cap of $18.59 billion, a PE ratio of 18.75 and a beta of 1.43. The company has a 50-day moving average of $2.65 and a two-hundred day moving average of $2.91. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40.

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H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. On average, equities research analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.