Analysts Offer Predictions for OTCMKTS:HNNMY FY2024 Earnings

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Free Report) - Research analysts at Telsey Advisory Group cut their FY2024 earnings estimates for shares of H & M Hennes & Mauritz AB (publ) in a note issued to investors on Thursday, January 23rd. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.13 per share for the year, down from their prior estimate of $0.15. The consensus estimate for H & M Hennes & Mauritz AB (publ)'s current full-year earnings is $0.14 per share. Telsey Advisory Group also issued estimates for H & M Hennes & Mauritz AB (publ)'s Q4 2024 earnings at $0.03 EPS and FY2025 earnings at $0.16 EPS.

HNNMY has been the topic of several other reports. Redburn Atlantic cut shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "strong sell" rating in a research report 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 report on Tuesday, November 26th. Finally, Barclays upgraded H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy".

H & M Hennes & Mauritz AB (publ) Trading Up 1.7 %

H & M Hennes & Mauritz AB (publ) stock traded up $0.04 during mid-day trading on Friday, hitting $2.70. 44,352 shares of the company's stock were exchanged, compared to its average volume of 113,317. The company's 50 day simple moving average is $2.71 and its 200-day simple moving average is $2.98. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07. The firm has a market capitalization of $19.15 billion, a P/E ratio of 22.54 and a beta of 1.43. H & M Hennes & Mauritz AB has a fifty-two week low of $2.46 and a fifty-two week high of $3.69.

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.