H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) announced its earnings results on Wednesday. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.01, Zacks reports. H & M Hennes & Mauritz AB (publ) had a return on equity of 26.25% and a net margin of 4.93%.
H & M Hennes & Mauritz AB (publ) Stock Performance
HNNMY traded down $0.07 on Tuesday, reaching $2.55. The company had a trading volume of 68,405 shares, compared to its average volume of 83,738. The stock has a market cap of $18.06 billion, a P/E ratio of 18.21 and a beta of 1.43. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. 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's fifty day moving average is $2.70 and its 200 day moving average is $2.95.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on HNNMY shares. Redburn Atlantic downgraded shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research note on Thursday, October 31st. Royal Bank of Canada lowered H & M Hennes & Mauritz AB (publ) from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, November 26th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".
Read Our Latest Stock Analysis on HNNMY
About H & M Hennes & Mauritz AB (publ)
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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.
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