H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Cut to “Hold” at Barclays

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) was downgraded by Barclays from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Redburn Atlantic cut 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 lowered H & M Hennes & Mauritz AB (publ) from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

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

Shares of H & M Hennes & Mauritz AB (publ) stock opened at $2.63 on Tuesday. H & M Hennes & Mauritz AB has a 52 week low of $2.46 and a 52 week high of $3.69. The company has a current ratio of 1.14, a quick ratio of 0.55 and a debt-to-equity ratio of 1.40. The stock has a market cap of $18.59 billion, a PE ratio of 18.75 and a beta of 1.43. The company’s 50-day moving average price is $2.65 and its two-hundred day moving average price is $2.91.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last announced its quarterly earnings data on Wednesday, January 29th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.01. H & M Hennes & Mauritz AB (publ) had a net margin of 4.93% and a return on equity of 25.89%. As a group, sell-side analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

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.