H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Cut to Strong Sell at Redburn Atlantic

Redburn Atlantic lowered shares of H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Free Report) from a hold rating to a strong sell rating in a research report sent to investors on Thursday morning, Zacks.com reports.

A number of other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of H & M Hennes & Mauritz AB (publ) from a "sell" rating to a "buy" rating in a report on Wednesday, July 3rd. HSBC upgraded H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "buy" rating in a research note on Friday, July 5th. Finally, Barclays upgraded H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research report on Friday, September 27th. One equities research analyst has rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy".

H & M Hennes & Mauritz AB (publ) Stock Up 0.3 %

H & M Hennes & Mauritz AB (publ) stock traded up $0.01 during mid-day trading on Thursday, reaching $2.91. The stock had a trading volume of 7,969 shares, compared to its average volume of 36,910. H & M Hennes & Mauritz AB has a one year low of $2.54 and a one year high of $3.69. The company has a 50-day moving average price of $3.22 and a two-hundred day moving average price of $3.22. The company has a market capitalization of $20.60 billion, a price-to-earnings ratio of 24.25 and a beta of 1.44. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.11 and a quick ratio of 0.55.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last released its quarterly earnings data on Thursday, September 26th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The business had revenue of $5.61 billion during the quarter, compared to the consensus estimate of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. On average, analysts expect that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

H & M Hennes & Mauritz AB (publ) Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 8th will be issued a dividend of $0.0625 per share. The ex-dividend date of this dividend is Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06. H & M Hennes & Mauritz AB (publ)'s dividend payout ratio is 66.67%.

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.