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

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

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

Shares of OTCMKTS HNNMY traded up $0.05 during trading on Friday, hitting $2.63. The company had a trading volume of 79,054 shares, compared to its average volume of 73,342. The firm has a market capitalization of $18.62 billion, a price-to-earnings ratio of 18.79 and a beta of 1.40. The stock has a fifty day simple moving average of $2.67 and a two-hundred day simple moving average of $2.86. 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.

Wall Street Analyst Weigh In

HNNMY has been the topic of several recent analyst reports. Barclays lowered shares of 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 downgraded H & M Hennes & Mauritz AB (publ) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

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.