H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $3.11 and traded as low as $2.65. H & M Hennes & Mauritz AB (publ) shares last traded at $2.70, with a volume of 125,253 shares trading hands.
Analysts Set New Price Targets
A number of brokerages have recently weighed in on HNNMY. Redburn Atlantic downgraded H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “strong sell” rating in a report on Thursday, October 31st. Royal Bank of Canada downgraded shares of H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. Finally, Barclays upgraded shares of 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 assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.
Check Out Our Latest Research Report on H & M Hennes & Mauritz AB (publ)
H & M Hennes & Mauritz AB (publ) Stock Performance
H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY – Get Free Report) last issued its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The company 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 net margin of 4.30% and a return on equity of 23.03%. As a group, research analysts expect that H & M Hennes & Mauritz AB will post 0.14 EPS for the current year.
H & M Hennes & Mauritz AB (publ) Increases Dividend
The company also recently announced a dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 8th were issued a $0.0625 dividend. The ex-dividend date was 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 (DPR) is 58.33%.
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.
Recommended Stories
- Five stocks we like better than H & M Hennes & Mauritz AB (publ)
- Upcoming IPO Stock Lockup Period, Explained
- XPO Stock Gains Momentum as U.S. Trade Outlook Evolves
- 3 Healthcare Dividend Stocks to Buy
- CarMax Gets in Gear: Is Now the Time to Buy?
- How to invest in marijuana stocks in 7 stepsĀ
- Qubit Combat: 2 Stocks Battle for Quantum Supremacy
Receive News & Ratings for H & M Hennes & Mauritz AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for H & M Hennes & Mauritz AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.