H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Releases Earnings Results, Hits Estimates

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) posted its earnings results on Wednesday. The company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01, Zacks reports. The company had revenue of $5.04 billion for the quarter, compared to analyst estimates of $56.15 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 25.89% and a net margin of 4.93%.

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

H & M Hennes & Mauritz AB (publ) stock traded up $0.05 during trading hours on Friday, hitting $2.63. The stock had a trading volume of 79,054 shares, compared to its average volume of 73,342. The company has a market cap of $18.62 billion, a PE ratio of 18.79 and a beta of 1.40. The company has a quick ratio of 0.55, a current ratio of 1.14 and a debt-to-equity ratio of 1.40. 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 50-day moving average of $2.67 and a two-hundred day moving average of $2.86.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Barclays downgraded 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 shares of H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, H & M Hennes & Mauritz AB (publ) currently has an average rating of “Hold”.

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.