H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Given Average Recommendation of "Hold" by Analysts

Shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) have been given an average rating of "Hold" by the six research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have issued a buy recommendation on the company.

HNNMY has been the subject of a number of analyst reports. Barclays cut shares of H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 25th. Hsbc Global Res lowered H & M Hennes & Mauritz AB (publ) from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th.

H & M Hennes & Mauritz AB (publ) Stock Down 3.4 %

HNNMY stock traded down $0.09 during mid-day trading on Wednesday, hitting $2.52. The stock had a trading volume of 126,532 shares, compared to its average volume of 76,883. The stock has a market capitalization of $17.84 billion, a price-to-earnings ratio of 18.00 and a beta of 1.39. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. H & M Hennes & Mauritz AB has a 1-year low of $2.42 and a 1-year high of $3.69. The company has a fifty day moving average of $2.66 and a 200 day moving average of $2.83.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%. The company had revenue of $5.04 billion during the quarter, compared to the consensus estimate of $56.15 billion. On average, equities analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

About H & M Hennes & Mauritz AB (publ)

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.